Nevada GGR was down for several key games in October 2019 vs. 2018.<\/p>\n
Blackjack win totaled $92.2 million last month, down substantially from 2018’s $125.5 million. Baccarat also suffered, with win on the table game coming in at $56.7 million, a nearly $20 million reduction from October 2018.<\/p>\n
\nThe house fared well in October 2018, blackjack and baccarat hold respectively 18 percent and nine percent. In October 2019, those holds were 15 percent and eight percent.<\/p>\n<\/blockquote>\n
Roulette plummeted 30 percent to $28.1 million, and craps win was flat at $31.7 million. Some of the table game losses were offset by a 5.8 percent GGR gain on penny slots, which delivered casinos $318.5 million. Higher denomination slots, however, disappointed.<\/p>\n
Jointly, slot machines reported a GGR gain of 0.8 percent, the terminals accounting for $699 million of Nevada’s $1.02 billion October win \u2013 nearly 70 percent.<\/p>\n
Sports Betting Tops NJ<\/b><\/h2>\n
New Jersey oddsmakers are quick to point out how fast they’ve been able to compete with \u2013 and, in some months, overtake \u2013 Nevada in terms of overall sports betting handle and subsequent win. But in October, the Silver State came out on top of the Garden State.<\/p>\n
Nevada sportsbooks won $47.88 million last month, slightly beating New Jersey’s $46.39 million.<\/p>\n
Football was responsible for the lion’s share of sports betting revenue, oddsmakers keeping $26.1 million on pigskin outcomes. Baseball, fueled by a thrilling World Series that went seven games between the Houston Astros and eventual underdog winners Washington Nationals, was next at $11.4 million.<\/p>\n","protected":false},"excerpt":{"rendered":"
Casinos on the Las Vegas Strip saw their gross gaming revenue (GGR) decline 9.25 percent last month, with poor hold and a lethargic convention calendar blamed for the win fall. Strip casinos won $538.5 million, roughly $55 million less than they did in the same month in 2018. Reduced hold on blackjack and baccarat was […]<\/p>\n","protected":false},"author":25,"featured_media":120730,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10],"tags":[],"acf":[],"yoast_head":"\n
Las Vegas Strip Gaming Revenue Declines 9.25 Percent in October<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n