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Nevada gaming revenue exceeds $1bn for seventh straight month

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Nevada drew in $1.16bn in total gaming revenue during September 2021, marking the state’s seventh straight month exceeding the $1bn mark, while the state set a record for betting handle.

Revenue dropped a mere 0.7% from August, essentially keeping level from month to month.

The September revenue report was released by the Nevada Gaming Control Board, marking a 28.5% increase over September 2020. Of the $1.16bn, $780.5m came from slots, up 28.5% from last year. Tables games drew $377.6m, an increase of 76.8%. Among table games, blackjack and baccarat were top performers, drawing $92.2m and $83.6m in revenue, respectively, with baccarat revenue up almost 500% from September 2020.

Sports betting saw a boost thanks to the beginning of the NFL season. Total sports betting revenue reached $54.2m, up 64.6% year-on-year. Mobile betting was responsible for approximately 31% of that revenue, clocking in at $16.7m. Sports handle totaled a record $786.7m, gleaned from total revenue of $54.2m and a win percentage of 6.89%.

The NFL’s impact was clearly visible in September’s revenue report, as 67% of sports betting revenue came from football wagers, totalling $36.3m.

Baseball achieved a distant second place, logging $12.2m and representing roughly 22% of sports betting revenue.

Clark County, home to Las Vegas, predictably generated the most revenue of any county in the state at $1.0bn.