Nevada casinos celebrated another successful month in October, raking in over $1.315 billion in gross gaming revenue (GGR). It marked the best October ever for the state’s gaming industry and stands as the sixth-highest revenue generating month on record. You can check for previous reports on gaming in the state as well as Casinos in Georgia in the latest gambling news sites.
According to data from the Nevada Gaming Control Board (NGCB), casinos pocketed over $894.8 million from slot machines and $420.2 million from tables and sports betting. These numbers are more than inspiring for those who want to open a casino, especially if this can be done online for better convenience.
Nevada Casinos are Seeing Better Numbers
Compared to the previous year, slot revenue increased by 2%. Meanwhile, earnings from table games and sports betting saw a 4% surge. This October marked the state’s 32nd consecutive month of achieving at least $1 billion in revenue from players. Las Vegas recently hosted its first-ever F1 race, the Las Vegas Grand Prix on November 19. Though not everyone was thrilled with the motorsport spectacle, because of the logistics.
The 3.8-mile track significantly disrupted the Strip corridor, causing inconveniences to many. This was not just during the race weekend but also in the weeks leading up to the event. Despite this, officials in Southern Nevada deem the disruptions worthwhile.
Analysts estimate that the race drew in 315,000 attendees over four nights. It also had a local economic impact of $1.2 billion. However, the effects of F1 on casino business are yet to be determined. If you want to join in on the industry and earn well, then you can learn how to be an online bookie easily. You can also track your sportsbook activity instantly.