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February Gambling Revenues in Nevada Went Up

Mar 31, 2016 - by Dani
Super Bowl betting boosted February gambling revenues in Nevada

SB50 betting boosted February gambling revenues in Nevada (Photo: youtube.com)

It seems that the leap year and Super Bowl wagering caused February gambling revenues in Nevada going up 8.1 percent.

February gambling revenues in Nevada totaled at $990 million, the Nevada Gaming Control Board reports. This sum is 8.1% more than the number from the same month last year. Football betting contributed 10% more. Partially because the NFL final was considerably later than in 2015, so the bettors and experts of gambling facts had a full week in February to place wagers.

 

Super Bowl date boosted February gambling revenues in Nevada

 

According to experts of gambling facts, the Super Bowl had a knock-on effect on other February gambling revenues in Nevada. Though football betting contributes only 1% for Nevada gambling revenues, and sports betting overall does 2%, the NFL final was an important actor in gambling in February.

Super Bowl wagering reached new heights in Vegas. Nevada sportsbooks registered a betting record for Peyton Manning’s final game in Santa Clara. $132.5 million was wagered on the big game. The final ended a 24-10 victory for the Denver Broncos against the Carolina Panthers. It wasn’t only an upset, but the low score also surprised many bettors and followers of sports scores news. So, it was a great day for sportsbooks.

February gambling revenues in Nevada regarding table games and slots also improved, by 8.3% and 7.8% respectively. And February brought positive gambling news for operators all around the state. The Las Vegas Strip registered a 7.3% growth to $570 million, while the downtown’s income raised by 17% to $51 million. Reno casinos reported a 6.9% improvement to $48 million with South Lake Tahoe February gambling revenues in Nevada also going up by 3.8% to $16 million.

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