Nevada casino revenue falls as football betting slumps 77%

Nevada casinos enjoyed a slight gaming revenue decline in November, while the state’s sportsbooks saw their winnings cut down by more than half.

Figures released Thursday by the Nevada Gaming Control Board show statewide casino gaming revenue of $930.4m in November, down 1.5% from the same month last year. The decline was more pronounced on the Las Vegas Strip, where casinos reported gaming revenue down 3.5% to $517m.

The state’s slot machines did their part to keep the month positive, nudging up 1.5% to $605.2m. Blackjack tables also held up their end, rising 12.9% to $95.8m, while roulette surged 38.9% to $33.6m and craps rose 9.4% to $29.1m. But baccarat let the side down, falling 22.8% to $84.8m.

The state’s sportsbooks enjoyed their 40th straight month of coming out ahead of punters, despite their overall take falling 55.2% to $19.2m. Overall betting handle was 500.6m, down 10.2% from November 2015’s record performance.