Though sportsbooks recorded the second largest amounts of wagers ever in October, overall Nevada Gambling Results fell back.
Though gamblers wagered more in October than a year ago, Nevada gambling results dropped when comparing to the same month last year, online gambling news report. Las Vegas casinos and other Nevada casino’s had a $887.6 million revenue, which is 2.9 percent shy to the October 2014 Nevada gambling results.
The Las Vegas Strip is amongst the biggest loosers with a drop that is over 5% and a revenue of $493.6 million. It is actually no surprise, since there is a tendency of players exploring other parts of the city than the Strip when it comes to gambling.
There was a 22% loss in baccarat revenues, and now it’s down to $79.1 million. This decline was also expected because of the China economic problems and therefore the decrease of Chinese players wagering in Las Vegas. Baccarat’s decline is responsible for the 84% of the drop in Nevada gambling results.
Players actually wagered more money on slot machines and table games in October 2015 than a year ago, $12.1 billion actually, which is 1.8% up, but casinos failed to capitalize on that, so the players were the winners of October.
Sportsbooks actually reported the second-highest wager total ever with $504.6 million in October. The record remains November 2014 with $535 million. October is usually a busy month for Las Vegas sportsbooks, with the the running football season, baseball playoffs and the start of the basketball and hockey seasons.
NFL and college football together contributed $397.8 million to the wagers and $23.6 million to sportsbooks winnings according to Nevada gambling results. Nevada betting operators had a 6.65 winning percentage in October, which is not a bad number at all, taking their revenues to $33.6 million.
Since the 2015 NFL season live sports results had a long list of upsets in November with record breaking revenues, outstanding numbers are expected when the November 2015 Nevada gambling results will be published.