{"id":90416,"date":"2022-11-30T09:20:01","date_gmt":"2022-11-30T12:20:01","guid":{"rendered":"https:\/\/igamingbrazil.com\/uncategorized\/2022\/11\/30\/nevada-reports-1-28-billion-in-gambling-revenue-in-the-month-of-october\/"},"modified":"2022-11-30T09:21:05","modified_gmt":"2022-11-30T12:21:05","slug":"nevada-reports-1-28-billion-in-gambling-revenue-in-the-month-of-october","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/online-en\/2022\/11\/30\/nevada-reports-1-28-billion-in-gambling-revenue-in-the-month-of-october\/","title":{"rendered":"Nevada Reports $1.28 Billion in Gambling Revenue in the Month of October"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Nevada gaming and <a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/2022\/11\/29\/bookmakers-expected-to-move-up-to-us-35-billion-during-the-world-cup\/\" target=\"_blank\" rel=\"noreferrer noopener\">betting<\/a> licensees reported a total gain of $1.28 billion for the month of October 2022, up 5% from the same month last year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The number, published by the Nevada Board of Gaming Control, is a 3% increase for the fiscal year. The total is a 3% increase from September 2022, and marks the 20th consecutive month the state has crossed the $1 billion mark.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Breaking down the total amount, Clark County numbers totaled $1.1 billion, of which $705.8 million came from the Las Vegas strip. Washoe County revenue totaled $91.4 million, with South Lake Tahoe and Elko County reporting figures of $18.1 million and $35.1 million, respectively.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Carson Valley area totaled $11.9 million in October 2022, with the Nevada Gaming Board of Control noting that another area reported a value of $19 million. The continued high numbers in Nevada come despite some uncertainty and distress in the national economy, particularly high inflation and a choppy stock market.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Most Profitable Sports Betting Market in Nevada<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Perhaps unsurprisingly, football led the way with an estimated $607 million generated, followed by baseball and basketball at $114.7 million and $79.2 million, respectively.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also popular were hockey and parlay cards, at $36.8 million and $5.6 million respectively, with another category reaching a total of $72.6 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Nevada Board of Gaming Control added that the state collected $76.4 million in percentage fees during the month of November 2022, based on taxable revenues generated in October 2022. This reflects a 6% increase from to the same period of the previous year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nevada revenue for September totaled $1.24 billion, up 8% from 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nevada gaming and betting licensees reported a total gain of $1.28 billion for the month of October 2022, up 5% from the same month last year. The number, published by [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":90402,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3046],"tags":[3082,10366,8919],"class_list":["post-90416","post","type-post","status-publish","format-standard","has-post-thumbnail","category-online-en","tag-bets","tag-nevada-betting","tag-revenue"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nevada Reports $1.28 Billion in Gambling Revenue in the Month of October - iGaming Brazil<\/title>\n<meta name=\"description\" content=\"Nevada gaming and betting licensees reported a total gain of $1.28 billion for the month of October 2022.\" \/>\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\/2022\/11\/30\/nevada-reports-1-28-billion-in-gambling-revenue-in-the-month-of-october\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nevada Reports $1.28 Billion in Gambling Revenue in the Month of October - 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