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Nevada Gaming Revenue Up Big In November

Gaming Win Jumps Nearly 12 Percent Year-Over-Year

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Slowly, but steadily, Nevada’s casino industry is rebounding after the Great Recession.

On Monday, state gaming regulators released a report that showed that Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $875,968,501 for the month of November 2013. This amounted to an 11.91-percent increase compared to November 2012, when licensees reported a gaming win of $782,770,511.

For the fiscal year (July 1, 2013 to November 30, 2013), gaming win has increased 3.32 percent. Albeit small, the gain is very important.

In calendar year 2012, Nevada casinos took in $10.8 billion from gamblers. The official numbers aren’t in yet for 2013, and won’t be for a little while, but 2013 could be stronger.

The $10.8 billion marked an 1.5-percent increase from 2011.

Although gambling is present across the United States, many people still look at the Silver State’s performance as a true vital sign for the industry.

Nevada is one of three states with online gambling.

In 2012, commercial casinos in the U.S. won $37.34 billion from gamblers, which was the highest since the record set in 2007. Another AGA report should come out in the spring.