Nevada Gambling Revenue Jumps Almost 7.5 Percent in March

Written by:
Published on:

LAS VEGAS (Associated Press) — The madness created by college basketball betting in Nevada is among the factors that led to a lucrative March for casinos statewide.


The Nevada Gaming Control Board reported Wednesday that casinos across the state brought in more than $991 million last month, an almost 7.5 percent increase compared to a year ago.

Sports bettors, table game players and strong visitation combined to almost carry the state's casinos to the $1 billion mark.

"It's a good solid number for sure," Michael Lawton, senior research analyst for the board, said of last month's revenue. "In the last nine months, we've done $1 billion twice. Hopefully, we'll start seeing those in a more regular basis."

Basketball enthusiasts last month bet a record $429.5 million, of which Nevada sports books took in $41.3 million, an increase of 91.7 percent, also setting a record. Meanwhile, slot machines yielded casinos $655.4 million, up 6.3 percent or $38.8 million.

Revenue from table games was $335.6 million, up 9.8 percent or $29.9 million. Casinos posted increased revenues for table games even though baccarat — a volatile, high-roller game — was down more than 11 percent.

"If baccarat would have done little better, we probably could have been there," Lawton said referring to the $1 billion mark.

Lawton explained that a large gathering of construction professionals, which brought 130,000 people to Las Vegas, as well as an additional Friday in the month compared to last year also influenced the reported revenue.

Gambling News

Can I Place a Bet on the FanDuel App From California

Can I Place a Bet on the FanDuel App From California

The new FanDuel sports betting app is available to those living in the state of California but only internationally-licensed websites are accessible for real money bets from within the state. 

Vegas Strip Crime

Violence on Vegas Strip Leaves Tourists Terrified

Police say they found a man and woman shot overnight Saturday in front of the Paris Las Vegas hotel-casino.

State of Nevada Releases Covid Cases By Vegas Hotel, Casino

State of Nevada Releases Covid Cases By Vegas Hotel, Casino

Disease investigators have released a list of places where possible COVID-19 exposures have happened in Sin City, and they break down the numbers by casino/hotel property.  Oh, and it's ugly, especially if you happened to stay at the Cosmopolitan in recent weeks!

Can I Bet With BetOnline From Missouri

Can I Bet With BetOnline From Missouri

Missouri residents and visitors alike are more than welcome to place bets on the BetOnline website.  They have proudly served the US and worldwide market since 1999.  In fact, we here at Gambling911.com were one of the first to visit their office when they first set up that year.  BetOnline offers a generous welcome bonus and plenty of contests (max bonus $1000)

Can I Bet With MyBookie.ag From Indiana?

Can I Bet With MyBookie.ag From Indiana?

Indiana is set to begin offering mobile betting via in-state licensed apps, though diehard sports bettors regard the overseas sportsbooks as the crème de la crème.