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February Gambling Revenues in Nevada Went Up

Mar 31, 2016
Super Bowl betting boosted February gambling revenues in Nevada

SB50 betting boosted February gambling revenues in Nevada (Photo: youtube.com)

It seems that the leap year and Super Bowl wagering caused February gambling revenues in Nevada going up 8.1 percent.

February gambling revenues in Nevada totaled at $990 million, the Nevada Gaming Control Board reports. This sum is 8.1% more than the number from the same month last year. Football betting contributed 10% more. Partially because the NFL final was considerably later than in 2015, so the bettors and experts of gambling facts had a full week in February to place wagers.

 

Super Bowl date boosted February gambling revenues in Nevada

 

According to experts of gambling facts, the Super Bowl had a knock-on effect on other February gambling revenues in Nevada. Though football betting contributes only 1% for Nevada gambling revenues, and sports betting overall does 2%, the NFL final was an important actor in gambling in February.

Super Bowl wagering reached new heights in Vegas. Nevada sportsbooks registered a betting record for Peyton Manning’s final game in Santa Clara. $132.5 million was wagered on the big game. The final ended a 24-10 victory for the Denver Broncos against the Carolina Panthers. It wasn’t only an upset, but the low score also surprised many bettors and followers of sports scores news. So, it was a great day for sportsbooks.

February gambling revenues in Nevada regarding table games and slots also improved, by 8.3% and 7.8% respectively. And February brought positive gambling news for operators all around the state. The Las Vegas Strip registered a 7.3% growth to $570 million, while the downtown’s income raised by 17% to $51 million. Reno casinos reported a 6.9% improvement to $48 million with South Lake Tahoe February gambling revenues in Nevada also going up by 3.8% to $16 million.

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Super Bowl betting boosted February gambling revenues in Nevada

SB50 betting boosted February gambling revenues in Nevada (Photo: youtube.com)

It seems that the leap year and Super Bowl wagering caused February gambling revenues in Nevada going up 8.1 percent.

February gambling revenues in Nevada totaled at $990 million, the Nevada Gaming Control Board reports. This sum is 8.1% more than the number from the same month last year. Football betting contributed 10% more. Partially because the NFL final was considerably later than in 2015, so the bettors and experts of gambling facts had a full week in February to place wagers.

 

Super Bowl date boosted February gambling revenues in Nevada

 

According to experts of gambling facts, the Super Bowl had a knock-on effect on other February gambling revenues in Nevada. Though football betting contributes only 1% for Nevada gambling revenues, and sports betting overall does 2%, the NFL final was an important actor in gambling in February.

Super Bowl wagering reached new heights in Vegas. Nevada sportsbooks registered a betting record for Peyton Manning’s final game in Santa Clara. $132.5 million was wagered on the big game. The final ended a 24-10 victory for the Denver Broncos against the Carolina Panthers. It wasn’t only an upset, but the low score also surprised many bettors and followers of sports scores news. So, it was a great day for sportsbooks.

February gambling revenues in Nevada regarding table games and slots also improved, by 8.3% and 7.8% respectively. And February brought positive gambling news for operators all around the state. The Las Vegas Strip registered a 7.3% growth to $570 million, while the downtown’s income raised by 17% to $51 million. Reno casinos reported a 6.9% improvement to $48 million with South Lake Tahoe February gambling revenues in Nevada also going up by 3.8% to $16 million.

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Categories: Uncategorized
 
 

Wagers Up But Nevada Gambling Results Down in October

Dec 01, 2015
dropping gambling revenues in las vegas

Is the house losing?

Though sportsbooks recorded the second largest amounts of wagers ever in October, overall Nevada Gambling Results fell back.

Though gamblers wagered more in October than a year ago, Nevada gambling results dropped when comparing to the same month last year, online gambling news report. Las Vegas casinos and other Nevada casino’s had a $887.6 million revenue, which is 2.9 percent shy to the October 2014 Nevada gambling results.

The Washington Times: Nevada gambling results drops to $887.6M in October

The Las Vegas Strip is amongst the biggest loosers with a drop that is over 5% and a revenue of $493.6 million. It is actually no surprise, since there is a tendency of players exploring other parts of the city than the Strip when it comes to gambling.

There was a 22% loss in baccarat revenues, and now it’s down to $79.1 million. This decline was also expected because of the China economic problems and therefore the decrease of Chinese players wagering in Las Vegas. Baccarat’s decline is responsible for the 84% of the drop in Nevada gambling results.

Players actually wagered more money on slot machines and table games in October 2015 than a year ago, $12.1 billion actually, which is 1.8% up, but casinos failed to capitalize on that, so the players were the winners of October.

Covers: October was the second biggest month ever for Nevada sports betting

Sportsbooks actually reported the second-highest wager total ever with $504.6 million in October. The record remains November 2014 with $535 million. October is usually a busy month for Las Vegas sportsbooks, with the the running football season, baseball playoffs and the start of the basketball and hockey seasons.

NFL and college football together contributed $397.8 million to the wagers and $23.6 million to sportsbooks winnings according to Nevada gambling results. Nevada betting operators had a 6.65 winning percentage in October, which is not a bad number at all, taking their revenues to $33.6 million.

Since the 2015 NFL season live sports results had a long list of upsets in November with record breaking revenues, outstanding numbers are expected when the November 2015 Nevada gambling results will be published.

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dropping gambling revenues in las vegas

Is the house losing?

Though sportsbooks recorded the second largest amounts of wagers ever in October, overall Nevada Gambling Results fell back.

Though gamblers wagered more in October than a year ago, Nevada gambling results dropped when comparing to the same month last year, online gambling news report. Las Vegas casinos and other Nevada casino’s had a $887.6 million revenue, which is 2.9 percent shy to the October 2014 Nevada gambling results.

The Washington Times: Nevada gambling results drops to $887.6M in October

The Las Vegas Strip is amongst the biggest loosers with a drop that is over 5% and a revenue of $493.6 million. It is actually no surprise, since there is a tendency of players exploring other parts of the city than the Strip when it comes to gambling.

There was a 22% loss in baccarat revenues, and now it’s down to $79.1 million. This decline was also expected because of the China economic problems and therefore the decrease of Chinese players wagering in Las Vegas. Baccarat’s decline is responsible for the 84% of the drop in Nevada gambling results.

Players actually wagered more money on slot machines and table games in October 2015 than a year ago, $12.1 billion actually, which is 1.8% up, but casinos failed to capitalize on that, so the players were the winners of October.

Covers: October was the second biggest month ever for Nevada sports betting

Sportsbooks actually reported the second-highest wager total ever with $504.6 million in October. The record remains November 2014 with $535 million. October is usually a busy month for Las Vegas sportsbooks, with the the running football season, baseball playoffs and the start of the basketball and hockey seasons.

NFL and college football together contributed $397.8 million to the wagers and $23.6 million to sportsbooks winnings according to Nevada gambling results. Nevada betting operators had a 6.65 winning percentage in October, which is not a bad number at all, taking their revenues to $33.6 million.

Since the 2015 NFL season live sports results had a long list of upsets in November with record breaking revenues, outstanding numbers are expected when the November 2015 Nevada gambling results will be published.

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