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Casinos in Nevada continue to thrive, surpassing the $1 billion revenue mark again.
According to the latest report by the Nevada Gaming Control Board (NGCB) released today, the statewide gaming revenue for April was $1,159,751,632.
The figure marks the 26th consecutive month the casinos across the Silver State surpassed $1 billion in gross gambling revenue (GGR).
Nevada casino revenue shows a yearly increase but a monthly drop
The $1.16 billion revenue figure is a 2.77% year-over-year increase compared to April 2022, when casino licensees reported a $1,128,502,208 gaming win. But the figure is a monthly decrease from $1.3 billion in wins compiled in March.
As for the fiscal year (July 1, 2022, through April 30, 2023), the gaming win has increased by 4.30%.
Clark County Downtown Las Vegas revenue climbed almost 11% yearly to nearly $74.5 million. There are 19 licensees in the Clark County Downtown Las Vegas Area with over $1 million in revenue range.
Clark County Las Vegas Strip Area reported $624.7 million in revenue, a 5.27% year-on-year increase, for non-restricted locations. Gaming revenues across the county declined. Clark County casinos outside of the Strip reported revenue of over $131 million, a little over 6% decline.
Nevada casino games April breakdown
Revenue from slot machines in April was $837.9 million statewide, climbing 4.2% year-on-year.
Nevada casinos collected $321.84 million in revenue from table, counter and card games. The figure is a 0.78% decrease from last year.
Baccarat revenue came to $94.92 million, a 0.02% increase compared to a year ago. Meanwhile, revenue from Blackjack was $44.1 million, a 14.8% decrease from April 2022.
Nevada collected $67.5 million in taxes in May
Based on the April taxable revenues, the state compiled $67.5 million in gaming taxes during May 2023.
The figure represents a 3.44% decrease (or a $2,403,521 cut) compared to the prior year’s May when percentage fee collections were $69,859,394.
