FanDuel’s acquisition requirements in Nevada
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Nevada gambling market records $1.16b of revenue in April
Recently, Nevada’s gambling regulator published the market’s performance report for the fourth month of the year.
Nevada’s gambling companies generated a combined total of 1.16 billion dollars in April 2023, which slightly went up from the 1.13 billion dollar revenue of the same period of the prior year. Compared to the preceding month of March, on the other hand, the market experienced a slight downturn of 15% from 1.3 billion dollars.
Breaking down the figures by area, the state’s Clark County, which includes the city of Las Vegas, was the most profitable for local operators by quite a wide margin, generating just under a billion dollars for the market. representing an over 3% increase year-over-year. The county also accounted for just over 85% of the state’s total revenue.
Washoe County, which includes Nevada’s third most populous city, Reno, was next in second place and generated 87 million dollars in the period, which is about 7.5% of the state’s total.
In terms of the different gambling options, retail slot terminals continue to maintain their lead, generating over 830 million dollars for Nevada’s gambling operators and growing by over 4% from last year. This was followed by a wide variety of table, lottery, and card games, which generated a combined over 320 million dollars in April, which was slightly down from last year’s figure by about 0.8%.
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