NGCB announces a drop in Nevada gaming revenue in June

On July 31st, the Nevada Gaming Control Board (NGCB) announced in its latest earnings report that Nevada’s gaming revenue declined on a monthly and yearly basis this June.

Once again slot machines are the main source of income

refer to overall profit of the said month it was calculated $1.25 billion. Compared to the gains of $1.280 million by June of last year, that decline had slowed 2.3%and compared to the income of $1.290 million May 2023, also dropped 3.1%. However, consider Las Vegas area onlythe income in the Clark County Territory reached the $1,070 millionand income from Las Vegas strip came from $727.3 million.

The important thing is that The Key are once again the leading gaming revenue stream in Nevada with revenues of $836.2 millionA 0.3% less than last year. In addition, from the total revenue from slot machines Multi-denomination slots generated $486.2 million in income and the penny slots they collected $255.2 million.

As for that Game pieces, table and card gameshis income fell 6.5% until the $409.6 million. Eliminated from the total revenue from table, chip and card games blackjack generated the most revenue $104.0 millionfollowed by Baccarat In $100.5 millionalthough there has been a decline 29.8% Year for year. Then there was the entrance sports bettingwhich was presented as part of the games mentioned above, which was also subordinate in a 60.1%and it was calculated in $9.5 million.

The most recent results also show compared to the figures for the last 12 months to 30 June from 2023an increase in total gambling winnings reported at unrestricted casino locations in Nevada.

Baseball and hockey betting revenue:

Speaking of Baseball Bettingcollected $14.5 million in profit. However, the drop in earnings in other sports segments has meant that this turnover is not that large in relation to the total turnover of the market segment. Next to, hockey betting They weren’t very profitable either, being a loss $6.6 million for Nevada operators while football betting resulted in a loss of $1.6 million. But that is not all; for they too were lost $328,000 worth of basketball betsand increased betting on other sports $3.5 million in income.

Scams as a cause of loss of income:

In early July, the Nevada Gaming Authority issued a warning Increase in scams whose main goal is the casinos. Recent scams involve people posing as high-level casino managers with the main aim of cheating casino employees out of large amounts of money.

In this sense, this system has recently caused a significant loss $1.17 million for a gambling provider.

Spring: “Nevada Gaming Revenue Drops in June”, iGaming storeJuly 31, 2023

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