Revenue from the game declined 50 percent to $63.2 million while wagering was down 4.8 percent to $604.5 million. On the Strip, gaming revenue declined 2.9 percent in March to almost $724.6 million, which analysts blamed on high-end baccarat play. The last 13 months have given the state “either the highest monthly total for that particular month or the second-highest total for that specific month,” he said. Michael Lawton, the control board’s senior economic analyst, said recent record-setting monthly gaming revenue totals will lead to skewed comparisons going forward. March 2022 saw gaming revenue of $1.355 billion, second only to the single-month record of $1.359 billion set in July 2021. March gaming revenue topped more than $1.312 billion statewide - the 25th consecutive month the state surpassed the $1 billion mark.īut the result was just the third time in the past 12 months the state’s casinos recorded a decline in gaming revenue figures from the previous year, according to figures released Tuesday by the Gaming Control Board. Nevada’s casino industry has entered its new normal.
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