The Nevada Gaming Control Board has released their latest revenue totals for the month of June, showing that the state’s casino gaming revenue reached a staggering $1.29 billion. This marks a significant increase from the previous month and is a positive sign for the state’s gaming industry as it continues to recover from the impact of the COVID-19 pandemic.
According to the report, the total gaming revenue for June was up 11% compared to May, with both the Las Vegas Strip and downtown Las Vegas experiencing double-digit growth. The Las Vegas Strip reported a total gaming revenue of $686.5 million, up 12% from the previous month, while downtown Las Vegas saw a 14% increase with total gaming revenue of $71.5 million.
In addition to the overall increase in gaming revenue, the report also highlighted the strong performance of baccarat and slot machines in June. Baccarat revenue was up 171% year-over-year, with total revenue of $112.9 million, while slot machine revenue increased by 16% to $772.4 million.
The report also revealed that sports betting revenue saw a slight dip in June, with total revenue of $29.3 million, down 0.6% from the previous month. However, the sports betting handle increased by 9% to $545 million, indicating that there is still strong interest in sports betting in the state.
Overall, the June revenue totals are a positive sign for Nevada’s gaming industry as it continues to rebound from the impact of the pandemic. With tourism numbers on the rise and restrictions easing, the state’s casinos are expected to continue to see growth in the coming months.
In response to the positive revenue totals, industry experts have expressed optimism about the future of Nevada’s gaming industry. “The strong performance in June is a clear indication that the state’s casinos are on the road to recovery,” said one industry analyst. “With tourism numbers increasing and restrictions easing, we expect to see continued growth in the coming months.”
Overall, the latest revenue totals for Nevada’s casino gaming industry are a positive sign for the state as it continues to rebuild and recover from the impact of the COVID-19 pandemic. With strong performance in key areas such as baccarat and slot machines, as well as an increase in overall gaming revenue, Nevada’s gaming industry is poised for continued growth in the months ahead.
