{"id":101443,"date":"2023-03-29T10:21:24","date_gmt":"2023-03-29T13:21:24","guid":{"rendered":"https:\/\/igamingbrazil.com\/uncategorized\/2023\/03\/29\/nevada-gambling-revenue-posts-11-increase-in-february\/"},"modified":"2023-03-29T10:27:34","modified_gmt":"2023-03-29T13:27:34","slug":"nevada-gambling-revenue-posts-11-increase-in-february","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/online-en\/2023\/03\/29\/nevada-gambling-revenue-posts-11-increase-in-february\/","title":{"rendered":"Nevada gambling revenue posts 11% increase in February"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Nevada continues its long streak hitting $1 billion in gross gaming revenue (GGR) every month. February 2023 marks the 24th consecutive month that <strong>betting revenue<\/strong> has surpassed the $1 billion mark.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">February revenue represented an 11% year-over-year increase with $1.24 billion generated for the month. The highest annual rate of growth came from the Las Vegas Strip, with $712.5 million in revenue generated, representing a 19% year-over-year increase.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Slots reigned supreme in Vegas <a href=\"https:\/\/igamingbrazil.com\/en\/casino-en\/2023\/03\/28\/hard-rock-receives-permission-to-build-new-hotel-in-las-vegas\/\" target=\"_blank\" rel=\"noreferrer noopener\">casinos<\/a>, generating $390.4 million of The Strip&#8217;s total GGR in February, up 16% from 2022. Table gaming revenue wasn&#8217;t too far off pace either, either. with US$ 322 million, an increase of 23%. Baccarat achieved the highest revenue among table games at $99 million &#8211; a 60% year-on-year increase.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.gamblinginsider.com\/img\/news\/nevada-ggr-feb-2023.jpg\" alt=\"Nevada gambling revenue posts 11% increase in February\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Other local Las Vegas markets made a total of $232.9 million, representing year-over-year growth of 4%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The biggest losses felt in Nevada came from the Carson Valley area, where revenue was down 12% year-on-year. Other areas of loss include Reno, where total GGR was down 10%, while an 8% decline was seen in Washoe County overall.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nevada Gaming Board of Control senior economic analyst Michael Lawton believed that the lower revenue results in these areas of northern Nevada were a result of poor winter weather conditions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He said, &#8220;Weather absolutely impacted the Northern Nevada results in February. Storm timing impacted nearly every weekend of the month.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Additionally, Nevada <a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"Sports Betting\">sports betting<\/a> operations continued to grow, with $41.3 million generated for February, an increase of 33%. This increase in <strong><a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"Sports Betting\">sports betting<\/a> revenue<\/strong> came despite a 16% drop in turnover to $659.4 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nevada continues its long streak hitting $1 billion in gross gaming revenue (GGR) every month. February 2023 marks the 24th consecutive month that betting revenue has surpassed the $1 billion [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":101410,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3046],"tags":[3082,10367,10366],"class_list":["post-101443","post","type-post","status-publish","format-standard","has-post-thumbnail","category-online-en","tag-bets","tag-betting-revenue","tag-nevada-betting"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nevada gambling revenue posts 11% increase in February - iGaming Brazil<\/title>\n<meta name=\"description\" content=\"Nevada continues its long streak hitting $1 billion in betting revenue every month. February marks the 24th consecutive month.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/igamingbrazil.com\/en\/online-en\/2023\/03\/29\/nevada-gambling-revenue-posts-11-increase-in-february\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nevada gambling revenue posts 11% increase in February - iGaming Brazil\" \/>\n<meta property=\"og:description\" content=\"Nevada continues its long streak hitting $1 billion in betting revenue every month. February marks the 24th consecutive month.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/igamingbrazil.com\/en\/online-en\/2023\/03\/29\/nevada-gambling-revenue-posts-11-increase-in-february\/\" \/>\n<meta property=\"og:site_name\" content=\"iGaming Brazil\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/igamingbrazil\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-29T13:21:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-29T13:27:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/igamingbrazil.com\/wp-content\/uploads\/2023\/03\/Receita-de-apostas-de-Nevada-registra-aumento-de-11-em-fevereiro.png\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"375\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Lucas Silva\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@iGamingBrazil\" \/>\n<meta name=\"twitter:site\" content=\"@iGamingBrazil\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lucas Silva\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/online-en\\\/2023\\\/03\\\/29\\\/nevada-gambling-revenue-posts-11-increase-in-february\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/online-en\\\/2023\\\/03\\\/29\\\/nevada-gambling-revenue-posts-11-increase-in-february\\\/\"},\"author\":{\"name\":\"Lucas Silva\",\"@id\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/#\\\/schema\\\/person\\\/67f3b30ffdc2a8b43e04008ade5fcb12\"},\"headline\":\"Nevada gambling revenue posts 11% increase in February\",\"datePublished\":\"2023-03-29T13:21:24+00:00\",\"dateModified\":\"2023-03-29T13:27:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/online-en\\\/2023\\\/03\\\/29\\\/nevada-gambling-revenue-posts-11-increase-in-february\\\/\"},\"wordCount\":248,\"publisher\":{\"@id\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/online-en\\\/2023\\\/03\\\/29\\\/nevada-gambling-revenue-posts-11-increase-in-february\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/igamingbrazil.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/Receita-de-apostas-de-Nevada-registra-aumento-de-11-em-fevereiro.png\",\"keywords\":[\"Bets\",\"Betting revenue\",\"Nevada betting\"],\"articleSection\":[\"Online\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/online-en\\\/2023\\\/03\\\/29\\\/nevada-gambling-revenue-posts-11-increase-in-february\\\/\",\"url\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/online-en\\\/2023\\\/03\\\/29\\\/nevada-gambling-revenue-posts-11-increase-in-february\\\/\",\"name\":\"Nevada gambling revenue posts 11% increase in February - iGaming Brazil\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/online-en\\\/2023\\\/03\\\/29\\\/nevada-gambling-revenue-posts-11-increase-in-february\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/online-en\\\/2023\\\/03\\\/29\\\/nevada-gambling-revenue-posts-11-increase-in-february\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/igamingbrazil.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/Receita-de-apostas-de-Nevada-registra-aumento-de-11-em-fevereiro.png\",\"datePublished\":\"2023-03-29T13:21:24+00:00\",\"dateModified\":\"2023-03-29T13:27:34+00:00\",\"description\":\"Nevada continues its long streak hitting $1 billion in betting revenue every month. 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