Nevada On Pace To Shatter 2021 Gaming Revenue Record
iBET ETF Insights: As of now Nevada is looking on pace to not only break but shatter their 2021 gaming revenue record and they could do it in only eleven months. The month of October set the milestone for Nevada’s 20th consecutive month with over $1 billion in state gaming revenue. In just the first 10 months of 2022 Nevada gaming revenue is at $12.3 billion, a 12% increase from the 2021 year end of $13.4 billion. Las Vegas strip casinos were responsible for most of the revenue, recording $6.8 billion through October. A quote from one of the control board members comments on the report saying that the combined markets apart from the Las Vegas strip saw a 10.6% revenue growth and were key factors in the October growth.