Nevada gambling revenue edges up year-on-year in April

Gambling revenue in Nevada increased 2.7% year-on-year in April to $1.16bn, but the state also reported an 11.5% month-on-month decline.

Revenue was higher than $1.13bn in April 2022 but down from the $1.31bn posted in March of this year.

Slots were again by far the primary source of revenue for the state, generating $837.9m for the month, up 4.2% year-on-year. This included $464.5m from multi-denomination slots and $275.9m from penny slot games.

However, revenue from table, counter and card games, including sports betting activity, fell 0.8% to $321.8m.

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