In November, Nevada casinos recorded $1.32 billion in statewide winnings. This is the seventh month in a row that the house has made a profit of $1 billion or more.
According to the Nevada Gaming Control Board, the state collected about $93.6 million in tax revenue last month.
The prizes in October totaled $1.22 billion, surpassing the previous high of $1.36 billion established in July.
According to Board Senior Analyst Michael Lawton, the previous record of eight consecutive months set before the Great Recession, from October 2006 to May 2007, has been beaten.
“These results are driven by clients’ sustained adoption of mobile sports wagering,” he added. Since the board began tracking these wagers in January 2020, this month’s total was the highest monthly total recorded in mobile (bets).”
The Specialty Equipment Market Association trade expo, a Rolling Stones performance at Allegiant Stadium, boxing at the MGM Grand Arena, and two Las Vegas Raiders home games were among the highlights of November.
These events resulted in a boost in business, in addition to the return of international visitors.
Passenger flow had nearly returned to pre-Covid shutdown levels at Harry Reid International Airport.
In November, the airport handled roughly four million passengers, down only 4% from the same month last year.
November visitors were 3.1 million, down 8% from October, according to the Las Vegas Convention and Visitors Authority.