The Nevada Gaming Control Board (NGCB) reported that the state’s casinos generated $1.4 billion in gaming revenue in July. This represents an increase of 6.7% over the previous year.
The Las Vegas Strip generated $834.9 million, up 7.9% year-over-year.
Clark County as a whole, which includes the Strip, Downtown Las Vegas, North Las Vegas, the Boulder Strip and adjacent areas, generated $1.2 billion, an increase of 7.5%.
Washoe County, which includes casinos in Reno, Sparks and North Lake Tahoe, saw revenue increase 6% year-over-year.
Slots accounted for $890.8 million of all revenue for the month, while table and card game revenue reached $513.1 million.
Sportsbook revenue was $25.3 million, down 55.7% from 2022. Betting was down 3% to $408.2 million.
Mobile betting accounted for 65.7% of all sports betting.
The state collected $95.7 million in fees. This represents an increase of 5.94% (or US$5.37 million) over the previous year.
About the Nevada Gaming Control Board
The 1955 legislature created the Nevada Gaming Control Board within the Nevada Tax Commission.
The purpose was to inaugurate a policy to eliminate undesirable elements in Nevada games and to provide regulations for the licensing and operation of games.
The Council should also establish rules and regulations for all tax reports to be filed by gaming licensees with the state.
The group consists of three full-time members appointed by the governor to four-year terms, with one member serving as chairman, and is responsible for regulating all aspects of Nevada’s gaming industry.
The aim is to protect the stability of the gaming industry through investigations, licensing and enforcement of laws and regulations; ensure the collection of taxes and gambling fees, an essential source of state revenue; and to maintain public confidence in the games.
The Nevada Gaming Control Board implements policies for enforcing state laws and regulations governing gaming through six divisions (Administration, Audit, Enforcement, Investigations, Tax and Licensing, and Technology).