Baccarat and sports betting are the most popular type of gambling at Nevada casinos

Baccarat and sports betting are the most popular type of gambling at Nevada casinos

Even though Nevada casinos could not reach an income of $1 billion in November 2018, gambling business showed an increase in financial indicators.

The Nevada Gambling Control Board (NGCB) published a casino earnings report in November. Revenues amounted to $967.2 million, which is 6.4% more than in the same month last year, but significantly lower than the October figure - $1.06 billion.

Most of the revenue was earned by the Las Vegas Strip, where revenue increased by 10% to $534.5 million. Casino performance, at least in part, may be associated with highrollers. Income from baccarat grew by 50.6% year on year, to almost $97.8 million. It should also be noted that baccarat indicators in November 2017 decreased by 23.5% year on year.

The achievements of baccarat allowed the game to regain its former glory and lead the rating of the most profitable card games, even though blackjack revenues also increased by 4.1% and reached $87.6 million.

The profit from roulette decreased by 13% to $ 28.7 million, and the income from slot machines grew by 1.3% to $ 634.9 million.

Income of betting companies tripled in November and amounted to $27.1 million. And even though many lost on baseball betting, other sports significantly improved their statistics: football brought 69% more funds ($ 18.45 million), and basketball - by 61% ($10.75 million)

It is worth noting that the New Jersey sports betting market in November earned $21.4 million, which is close to the result of Nevada, although the legal market for state bets has been running for only a few months, and for decades Nevada was the only state in which betting was legal.

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