THE PULSE OF THE CASINO INDUSTRY

Nevada casino gaming revenues top $11bn in 2017

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Releasing its annual Nevada Gaming Abstract for the 12 months to June 30, 2017, the Nevada Gaming Control Board has reported that the 272 casinos in the US state of Nevada that grossed $1m or more saw combined gaming revenue climb 3.2 per cent in the period, to $11.11bn.

The gaming figures underpinned a 3.7 per cent rise in total revenue across the properties, to $26.17bn, while net income leapt 59.1 per cent to $1.56bn.

Las Vegas venues saw the greatest gains with downtown casinos increasing gaming revenue by 11.6 per cent to $613m while Strip properties generated $9.59bn, an increase of 3.4 per cent.

Net income at Strip venues, for activities including gaming, saw the highest growth in 2016, jumping 191 per cent to $814m.

Stewart Darkin

Stewart Darkin

Stewart has been in gaming journalism since 2012, working across online and land-based betting and gaming sectors, in both print and digital media. Following five years as editor of iNTERGAMINGi magazine, Stewart joined SBC in January 2018 to oversee the growth and development of the CasinoBeats brand. He has a wife, two kids, two dogs and two degrees, and – as a Spurs fan – continues to believe that the good times are just around the corner.

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