{"id":211151,"date":"2022-04-28T10:48:27","date_gmt":"2022-04-28T17:48:27","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=211151"},"modified":"2022-04-28T12:06:39","modified_gmt":"2022-04-28T19:06:39","slug":"nevada-gaming-win-eclipses-1b-13th-consecutive-month","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/nevada-gaming-win-eclipses-1b-13th-consecutive-month\/","title":{"rendered":"Nevada Gaming Win Eclipses $1B for 13th Consecutive Month, as Record Play Continues"},"content":{"rendered":"

It’s a baker’s dozen for Nevada casinos, as gross gaming revenue (GGR) in March eclipsed $1 billion for the 13th consecutive month<\/a>.<\/p>\n

\"Nevada
The iconic Welcome to Fabulous Las Vegas sign, above. Las Vegas is indeed\u00a0 “fabulous” again after gaming revenue in March of 2022 topped $1.35 billion. Nevada casinos have won at least $1 billion in each of the past 13 months. (Image: AARP<\/em>)<\/figcaption><\/figure>\n

Today, the Nevada Gaming Control Board (NGCB) revealed statewide March casino revenue totaled more than $1.355 billion last month. The March haul is a 27% year-over-year gain and 38% better than the $981 million the casinos won in pre-pandemic March 2019.<\/p>\n

Last month, slot machines won $903 million, a nearly 17% improvement on March 2021. But table games were most responsible for the surge, as cards, dice, and bingo saw GGR spike more than 50% from a year ago.<\/strong><\/p>\n

GGR from tables, bingo, and sports betting totaled $452.2 million — a 53% year-over-year improvement.<\/p>\n

\n

March’s results further support strong demand for gaming activity, and consumer behavior remains consistent across multiple customer segments throughout the majority of markets statewide,”<\/strong> said Michael Lawton, senior economic analyst at the NGCB.<\/p>\n<\/blockquote>\n

Baccarat fueled the table jump, as the game popular with Asian gamblers saw GGR soar 93% from March 2021 to $131.7 million. The baccarat win is a major sign that foreign travel from key international markets is returning to the US main gaming destination.<\/p>\n

Blackjack revenue totaled $104.5 million — up 46% from 2021. Roulette won $54 million for the house, a 62% increase, and craps added another $41 million — a 56% gain.<\/p>\n

Record GGR<\/b><\/h2>\n

March 2022 represents the second-best gaming revenue month in Nevada history. Only July 2021 experienced higher GGR, casino income that month totaling $1.359 billion.<\/p>\n

However, Clark County, which is home to Las Vegas, experienced its best month ever last month. Clark County GGR totaled $1.178 billion in March ’22, narrowly eclipsing July 2021’s county totaling $1.162 billion.<\/p>\n

The Strip, of course, accounted for the lion’s share of the action at $746.2 million. Of the $131.7 million in statewide baccarat win, 96% — or $126.5 million — was realized on the Strip.<\/strong><\/p>\n

In 2019, the Las Vegas Convention and Visitors Association said roughly 42.5 million people visited Las Vegas; 14% originated from foreign countries, with Asia being a major feeder market. Foreigners accounted for just 3% of the 32.3 million visitors to Las Vegas last year<\/a>.<\/p>\n

The gaming numbers fall in line with data from Harry Reid International Airport. Las Vegas’ main commercial airport facilitated almost 4.3 million passengers last month — its highest monthly total since February 2020.<\/p>\n

Bettors Fare Better<\/b><\/h2>\n

Sports bettors performed better in March 2022 than they did a year ago. Though oddsmakers took $863 million in bets — a nearly 35% increase from March 2021 — the public fared better during the 2022 NCAA men’s college basketball tournament.<\/p>\n

Oddsmakers last month reported a hold rate of 4.3%, down substantially from 6.2%. As a result, sportsbook GGR declined 6% to $36.9 million.<\/strong><\/p>\n

Sports betting handle — or the amount bet — failed to hit the $1 billion threshold for a second consecutive month. Nevada books exceeded $1 billion in wagers each month between October through January.<\/p>\n","protected":false},"excerpt":{"rendered":"

It’s a baker’s dozen for Nevada casinos, as gross gaming revenue (GGR) in March eclipsed $1 billion for the 13th consecutive month. Today, the Nevada Gaming Control Board (NGCB) revealed statewide March casino revenue totaled more than $1.355 billion last month. The March haul is a 27% year-over-year gain and 38% better than the $981 […]<\/p>\n","protected":false},"author":25,"featured_media":211154,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,81886],"tags":[],"acf":[],"yoast_head":"\nNevada Gaming Win Eclipses $1B for 13th Consecutive Month<\/title>\n<meta name=\"description\" content=\"It's a baker's dozen for Nevada casinos, as gross gaming revenue (GGR) in March eclipsed $1 billion for the 13th consecutive month.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/nevada-gaming-win-eclipses-1b-13th-consecutive-month\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nevada Gaming Win Eclipses $1B for 13th Consecutive Month\" \/>\n<meta property=\"og:description\" content=\"It's a baker's dozen for Nevada casinos, as gross gaming revenue (GGR) in March eclipsed $1 billion for the 13th consecutive month.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/nevada-gaming-win-eclipses-1b-13th-consecutive-month\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-28T17:48:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-28T19:06:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/04\/1140-las-vegas-sign.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Devin O'Connor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CasinoorgDevinO\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Devin O'Connor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/nevada-gaming-win-eclipses-1b-13th-consecutive-month\/\",\"url\":\"https:\/\/www.casino.org\/news\/nevada-gaming-win-eclipses-1b-13th-consecutive-month\/\",\"name\":\"Nevada Gaming Win Eclipses $1B for 13th Consecutive Month\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/nevada-gaming-win-eclipses-1b-13th-consecutive-month\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/nevada-gaming-win-eclipses-1b-13th-consecutive-month\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/04\/1140-las-vegas-sign.jpg\",\"datePublished\":\"2022-04-28T17:48:27+00:00\",\"dateModified\":\"2022-04-28T19:06:39+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\"},\"description\":\"It's a baker's dozen for Nevada casinos, as gross gaming revenue (GGR) in March eclipsed $1 billion for the 13th consecutive month.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/nevada-gaming-win-eclipses-1b-13th-consecutive-month\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/nevada-gaming-win-eclipses-1b-13th-consecutive-month\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/nevada-gaming-win-eclipses-1b-13th-consecutive-month\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/04\/1140-las-vegas-sign.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/04\/1140-las-vegas-sign.jpg\",\"width\":1200,\"height\":800,\"caption\":\"Las Vegas is again a \\\"fabulous\\\" market for casinos post-pandemic, as gaming revenue in March of 2022 topped $1.35 billion. 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