NV gaming revenue slips to $771.2m despite record sportsbook contribution
Nevada gaming revenue reversed its trend of recovery in November 2020, declining 6.3% month-on-month to $771.2m on stakes of $9.42bn, while the state set a new revenue record for sports betting.
Slot machines made up the majority of revenue, but at $528.5m, this total was down 6.4% month-on-month and 14.3% year-on-year. Players staked $7.52bn on slots.
Multi-denomination slots brought in $237.8m, down 5.8% year-on-year, as players staked $4.30bn on the machines. Penny slots made up almost all of the remainder of slot machine revenue, at $224.4m on stakes of $2.24bn. One dollar slots followed with $36.0m in revenue while 25 cent slots brought in $13.1m.
Table gaming also declined from October, down 5.5% month-on-month and 24.4% year-on-year to $242.7m. Players staked $1.90bn on table games.
Blackjack brought in the most revenue, at $58.1m, but this was still down 32.6% from November 2019 and 1.5% from October. Total blackjack stakes came to $415.1m.
Despite lower revenue of $42.0m, down 44.6% year-on-year and 29.1% month-on-month, baccarat brought in the highest stakes of all table and card games, of $422.0m.