Gambling in the USA

NGCB Reports Flat Results for Casino Winnings in March

Published

6 years ago

April 29, 2019

Niji Narayan

Amendment to NGC Regulation 5.240: Service Provider Registrations

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The Nevada Gaming Control Board (NGCB) has reported flat results for casino winnings during March. It is the first time since March 2004 that sports betting exceeded the baccarat volume.

However, the industry managed to reach the US$1 billion mark during last month’s operations. March 2019 was also the best performance of this year for Nevada.

The Las Vegas Strip experienced a 3.8% decrease in win to US$551.9 million, while Clark County win was down 0.61% to US$882.8 million. March Madness and the end of the National Basketball Association (NBA) season helped Nevada’s sportsbook to generate a record US$495.1 million in basketball bets.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.