Nevada January Revenues Sets Record

The Nevada Gaming Control Board announced today that the state's gambling revenues set a January record for revenues0, hitting $1.28 billion. That number is up 0.8% from last year.

Slot revenues were up 1.3% to $885.9 million from last year. $567.2 million came from multi-denominational slot, while $231.1 million came from penny slots. Table game revenues were down 7.5% to $393.5 million. Blackjack generated $98.3 million in dropping 18.2% from last year. Pai Gow was also a big earner, as revenues surged 125.5% to $11.2 million. Baccarat was the second-largest earner, though, with $98 million, up 8%.

Sportsbetting revenue was up 28.4% to $64.7 million. $30.1 million came from mobile sportsbetting apps.

Interestingly, the Las Vegas Strip saw revenues drop 3.8% from last year to $686.2 million. Slot revenues were up though, rising 3.1% to $400.8 million. Table game revenues were down 12.1% to $285.4 million.

Sportsbetting on the Strip was also up 35.4% to $28.5 million.

February's results will be interesting to see, as the Super Bowl was played in Sin City during the period. The weeks-long festivities saw an influx of visitors to the city, many of whom have deep pockets.