Nevada casinos posted only a modest gaming revenue gain in April but the first month of Major League Baseball set a new record at the state’s sportsbooks.
Figures released Wednesday by the Nevada Gaming Control Board show April’s statewide gaming revenue rising 1.2% year-on-year to $886.5m. April’s total is well below March’s $991m but the state’s year-to-date numbers remain in positive territory, rising nearly 4% from the same period last year.
April’s numbers were much worse at casinos on the Las Vegas Strip, where revenue fell 3.25% to $475.4m, while every other region of Clark County posted improved numbers. Downtown Las Vegas posted the month’s biggest year-on-year improvement, rising nearly 22% to $52.3m.
The Strip’s woes were primarily due to a broad-based decline in table gaming win, with the overall games and tables number falling 6.75% to just under $288m. Statewide baccarat revenue was down 24.5% year-on-year to $79.2m, as Strip baccarat win rate fell five points to 13.1%.