Nevada brick-and-mortar casinos turned in yet another $1 billion month.
According to figures from the Nevada Gaming Control Board, Nevada’s casinos reported a total gaming win of $1,113,148,000 for the month of February 2022.
The figure was an increase of 44.1% compared to February 2021, when licensees reported gaming win of $772,501,500. For the fiscal year (July 1, 2021 through February 28, 2022), gaming win has increased 56%, regulators said.
The Silver State collected just under $59 million in tax revenue off that gaming win, up 34.5% year-over-year compared to February 2021.
February’s gaming win marked the 12th month in a row of at least $1 billion, a record streak for the industry. The $1.1 billion was a February record, besting the $1.07 billion in February 2013, per historical data from the Nevada Independent.
The win from February was also better than January 2022’s $1.07 billion.
Nevada’s casinos set an all-time record $13.4 billion in gaming win in 2021, showing that there was a ton of pent-up demand after the height of the pandemic in 2020.
Nevada fueled a record-setting 2021 for the nationwide casino industry. According to the American Gaming Association, 2021 set a new record as the highest-grossing year ever for the U.S. commercial gaming industry, reaching $53 billion in revenue.
The total bested 2019’s previous industry record of $43.65 billion.