Better news from Nevada

News on 31 Dec 2015

Latest figures for November 2015 released by the Nevada Gaming Control Board Wednesday show that casino win was up 7.8 percent year-on-year.

Nevada casinos kept $944.3 million of gamblers’ wagers in November thanks to slot machines, the calendar and a record month for sports betting, the regulator advised.

NGCB analyst Mike Lawton told Associated Press that slot action was particularly rewarding for the casinos, bringing in $596.4 million – a 13.3 percent improvement on the same period in 2014.

Punters deposited a total of $8.5 billion across the gambling state in November, with Lawton noting that sports betting achieved new heights with $557 million wagered – beating a new record set last year by $21 million. Operators scored with a 7.7 percent margin delivering casino win of $42.8 million – mainly on football bets.

High stakes baccarat continued to decline, delivering $109.9 million, down 14.3 percent on the same period last year, but an improvement on the previous month.

Poker generated $9 million – down 3.9 percent y-o-y.

Earlier, the Las Vegas Convention and Visitors Authority revealed that thus far in 2015, 42 million visitors have flocked to the gambling city – already more than a million ahead of 2014 and with more expected before the 2015 books are closed.

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