July 6, 2023
According to the Nevada Gaming Control Board’s monthly revenue report, the state’s casinos reported combined revenues of $1.28 billion in May. Although this represents a 0.84% decrease compared to the previous year, it marks the 27th consecutive month that casinos have generated over $1 billion in revenues. Revenues on the Las Vegas Strip experienced a 2.1% decrease year-on-year but saw a significant 14.5% increase compared to April. Sports betting operators in Nevada reported $30.1 million in revenue, reflecting an 11% increase year-on-year. Mobile and online sports betting accounted for nearly 68% of all sports bets placed during the month.