Nevada’s winning streak shows no sign of slowing down: the Silver State has now reported its 18th consecutive month of more than $1 billion in gambling revenue. According to the lastet data released by the Nevada Gaming Control Board on Thursday, the state collected $1.2 billion from its casinos in August, a figure 26.7% up from the same month in pre-pandemic 2019.

The impressive August results have pushed the year-to-date state revenue 14% ahead of 2021’s record performance. As for the individual month, it was ahead by 3.5% from August 2021, which further proves how quickly the industry has been recovering from the worst days of the pandemic.

Casinos on the renowned Vegas Strip collected the lion’s share of August’s revenue, at $660 million, up 5.2% from last August. “The Strip is carrying the load,” said Michael Lawton, senior economic analyst at the Nevada Gaming Control Board, as reported by Forbes.

But the Strip wasn’t alone in delivering solid results. After a four-month downturn, the markets outside of the Strip are back up. With monthly revenue decreases between April and July, the state’s other gambling jurisdictions grew slightly in August, by 1.6%.

As for gaming verticals, slot machines expectedly brought the most revenue at $847.1 million, up 2.5% from last year. Meanwhile, players lost $361.4 million in table games, a 6% increase, with baccarat coming in third with $96.7 million, up by 4%. As for Nevada sportsbooks, they collected $16.1 million, up 12%, with mobile betting accounting for $9.9 million of the total.

https://www.yogonet.com/international/news/2022/09/30/64454-nevada-gambling-revenue-tops--1b-for-18th-consecutive-month-in-august-at--12b