Nevada's gaming industry watched the Super Bowl from afar this February instead of hosting it and revenue fell 9% year-on-year as a result.
According to data from the Nevada Gaming Control Board published on Monday (31 March), the state brought in $1.21 billion (£936.5 million/€1.12 billion) in monthly gross gaming revenue (GGR). That represents a decrease of just under 10% from last February’s mark of $1.34 billion. The marked decrease is most easily attributable to the Super Bowl, which was estimated to have generated $1 billion in economic impact for the region last year.
For the fiscal year to date, Nevada gaming overall is down 1.1% year-on-year. February’s figures are a stark contrast from January, which, at $1.43 billion, was the second-highest monthly total ever.
Decreases were posted in nearly every market, most notably the Las Vegas Strip. America’s gambling capital posted $690.3 million in February GGR, down 14% YoY. The Strip’s record-breaking post-Covid run could ..