Nevada casino sportsbooks endure worst baseball month ever

Nevada casinos reported a slight decline in November’s gaming revenue, thanks to poor table game performance and the worst monthly loss on record for baseball wagering.

Figures released Thursday by the Nevada Gaming Control Board show the state’s casinos generated gaming revenue of $909m in November, down 2.3% from the same month last year and down nearly $80m from October 2017’s result.

The decline was more pronounced on the Las Vegas Strip, where casinos reported revenue of $485.7m, down 6% year-on-year. By contrast, downtown Vegas venues reported a 6.8% year-on-year improvement to $54.2m.

The state’s slot machines did their bit to keep the numbers respectable, posting a 3.5% gain to $626.7m. But overall games & tables revenue was down 13.2% to $282.3m, thanks in part to double-digit declines at both blackjack ($84.1m, -12.2%) and baccarat ($64.9m, -23.5%).