The Nevada Gaming Control Board (NGCB) have released their monthly revenue report for July which revealed that the casinos in the state reported combined revenues of $1.4 billion during the month. Read on to find out more about the Nevada gambling revenue in July.
Nevada Gambling Revenue In July Sets New Record
According to the report, July is the 29th month in a row that casinos and sportsbooks have generated over $1billion in revenue.
Revenues were also up almost 13% from the $1.24 billion reported in June, marking an increase of 6.69% year-on-year.
These record breaking figures were driven by slot machine revenue, which was the third highest in the state’s history, and the second highest in the history of the famous Las Vegas Strip.
The reports come at a time when casinos in America are experiencing record-breaking success. Particularly in Nevada, popularity of casinos and interest in gambling among the public is growing rapidly.
Nevada also looks on track to beat last year’s record revenue, which totalled at $14.8 billion for the calendar year. Revenue for the first seven months of this year is up 4.1% from 2022, and it is not expected to slow down any time soon.
With Casinos continuing to innovate and offer new experiences for customers, it is likely that revenue will only get higher as the months and years go by.
Keep an eye out for more Nevada gambling revenue news in the coming weeks.
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