Breaking Records in Nevada
In a remarkable achievement, Nevada's gambling revenue surged to a record-breaking $15.52 billion in 2023, surpassing the previous annual record by 4.6%. This milestone solidified Nevada's position as a powerhouse in the gambling industry.
Land-Based Slots Leading the Way
Land-based slot machines emerged as the primary revenue generator, contributing $10.28 billion to the total revenue in 2023. Multi-denomination games proved to be particularly lucrative, bringing in $5.97 billion, while penny slots accounted for $3.15 billion of the revenue.
Table Games and Sports Betting Thrive
Revenue from table, counter, and card games, including sports betting, soared to $5.24 billion, marking an impressive 8.5% increase from the previous year. Baccarat led the table games category with $1.49 billion in revenue, followed closely by blackjack, craps, and roulette, all experiencing notable growth.
Mobile Sports Betting on the Rise
The popularity of mobile sports betting continued to grow, with revenue reaching €240.7 million in 2023. Football, basketball, baseball, and hockey were among the most bet-on sports, contributing substantially to the overall revenue.
December Ends on a High Note
December proved to be a particularly lucrative month for the Nevada gambling industry, with revenue hitting $1.43 billion. Slot machine revenue increased by 6.9%, while table games revenue climbed by 12.5%. Sports pool revenue also saw a significant rise, indicating a strong finish to the year.
Nevada's record-breaking performance in 2023 underscores the resilience and enduring appeal of its gambling industry, setting a high bar for the years to come.