Nevada sportsbooks have worst basketball betting month ever

Nevada casinos came tantalizingly close to crossing the magical $1b gaming revenue threshold in May, no thanks to the state’s licensed sports betting operators.

Figures released Thursday by the Nevada Gaming Control Board (NGCB) show the state’s casinos generated gaming revenue of $991.6m in May, 3.5% higher than the same month last year and over $100m more than the state reported in April 2017.

The gains were evenly distributed across most of Clark County, with only the North Las Vegas region in negative territory for the month. Casinos on the Las Vegas Strip fared slightly worse than the overall average, rising just under 3% to $546.8m.

Slots revenue was up 7% to just over $647m, while blackjack ($110.8m, +3.2%) outpaced baccarat ($100.9m, +13.2%) to claim the month’s table game crown. A solid month at the state’s roulette wheels ($36.5m, +29.2%) allowed the game to easily outperform craps ($30m, -4.8%). Total games and tables revenue was up 13.7% to $344.4m.