Nevada casino revenue spikes in November, Vegas sets new tourism record

Nevada casinos had a November to remember thanks in part to a record sports betting performance.

According to figures released by the Nevada Gaming Control Board, November’s statewide gaming revenue came to $944.3m, a 7.8% improvement over the same month last year. While still safely in positive territory, the figures were slightly less buoyant on the Las Vegas Strip, which enjoyed a 5.4% rise to $535.6m.

Slots had a good month, rising 13.3% to $596.4m. VIP baccarat, the traditional bellwether of Nevada’s fortunes, generated $109.9m in November, a year-on-year fall of 14.3%. However, November’s total was nearly $31m more than baccarat earned in October 2015, so the casinos ain’t complaining too loud.

Most of the other table games were in positive territory, led by blackjack ($84.9m, +3.6%), craps ($26.6m, +11.8%) and roulette (($24.2m, +22.5%). The rest of the table tallies finished as follows: three-card poker ($12.1m, +1%), mini-baccarat ($7.4m, -8.8%), pai gow poker (($6.6m, -22.7%), let it ride ($2.4m, -21.3%), keno ($2.4m, -1.7%), bingo (($1.1m, +41.2%) and pai gow ($561k, -51.7%). The state’s licensed poker rooms reported revenue down 3.9% to just under $9m.