Nevada casinos report record ninth-straight month of $1B in-house winnings

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Casinos in Nevada set a record in November for reporting more than $1 billion in revenue for nine straight months, the longest winnings streak in state history.

In its monthly report, the Nevada Gaming Control Board reported $1.32 billion in total revenue from the state’s more than 400 casinos. That follows a trend in which Nevada casinos collected more than $1 billion since March, including an all-time high of $1.36 billion in July.

According to The Nevada Independent, if casinos collect another $1 billion or more in December, the state will smash the single-year record set before the Great Recession.

Another record was shattered in sports betting, with $72 million in revenues reported by sportsbooks last month — surpassing the previous record set last year by several million, the Independent reported.

The American Gaming Association is also seeing record numbers from casinos across the U.S. In October, revenue from casino gaming, sports betting and online betting in the nation brought in more than $4.75 billion, the second highest total ever.

The news comes despite the spread of the highly transmissible omicron variant, which was first identified last month and is driving up cases of the coronavirus worldwide.

But the shattered records show people are still flocking to casinos during the pandemic.

And in November, more than 4 million passengers traveled through Harry Reid International Airport outside of Las Vegas, the highest volume since the pandemic began, The Nevada Independent reported.

However, it’s unclear how the last month of the year will fare for the gaming world, with omicron still spreading rapidly across the U.S., including in Nevada. 

Tags American Gaming Association betting Casinos Gambling games Harry Reid Las Vegas Lottery Nevada Nevada Gaming Control Board revenue winnings

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