Casinos in the US report revenue increase

Commercial casinos in the United States experienced a three percent revenue increase in September.

According to data collected by the University of Nevada Las Vegas, commercial casinos in the US reached US$3.4 billion in winnings for September. A strong performance of Nevada’s casino industry helped the country achieve these results.

The commercial industry that excludes tribal-run casinos experienced an increase in revenue from gambling of 2.8 percent year-over-year. Of the US$3.4 billion, Nevada contributed US$979.8 million, approximately 29 percent of the share, and reported a 3.2 percent increase in gaming win when compared to September 2016. The Silver State’s results are driven by a strong performance in sports betting, as the month featured a mega fight between Canelo Alvarez and Gennady “GGG” Golovkin, which attracted US#30 million in bets at local sportsbooks.

Pennsylvania saw a strong month as it reported a 3.8 percent increase to US$271 million in winnings. Maryland also experienced a good performance, with the opening from MGM National Harbor almost a year ago boosting the state’s operations with a 38.5 percent increase year-over-year to US$134 million. Ohio saw gaming win grow 7 percent year-over-year to US$146.3 million, whilst Illinois reported a 10.1 percent gain to US$227 million. Atlantic City, the gambling hub of New Jersey, had a strong month in September with US$235 million, a 4.1 percent rise.

Commercial casinos won more than US$31.5 billion in the first nine months of 2017, a 3 percent up when compared to the same period in 2016.