US commercial casinos totaled $3.4b in October

The commercial casino industry in the United States achieved its second worst month of the year in October.

According to data compiled by the University of Nevada, Las Vegas’ (UNLV) Center for Gaming Research, the commercial casino industry totaled US$3.4 million from customers in October, which bring year-to-date numbers to US$35 billion.

Revenue during the tenth month of the year was virtually flat when compared to the same period in 2016, the UNLV said, and explained that the performance was the second-worst month of the year, only February being ahead, with one fewer day this year and a 2.2 percent decline.

It is estimated that the bad results come after Nevada’s poor performance in October, which holds a 30 percent of gaming win and only increased a quarter of the percentage point, whilst winnings on the Strip decreased six percent to US$528 million. This results were mainly because of the shooting that happened during the first weekend of the month.

As the UNLV said, the US$35 billion that commercial casinos totaled during the first 10 months if the year was up 2.7 percent when compared to 2016.