The Nevada Gaming Control Board released their 2016 financial performance figures, which show that the state saw an overall decline in December gaming revenue, which dropped down to $956.1 million, or 2.7% less than in 2015. At the same time, the all-year gaming wins increased by 1.3%, to $11.25 billion.
From the casino side, the biggest table earner in Nevada was once again Baccarat, which brought the state $1.22 billion, or 5.3% less than last year, and generated wins in the amount of $172.8 million, or 3.3% lower than 2015.? Right behind Baccarat were Blackjack games, which accounted for $1.14 billion in earnings, or 4.3% more than the previous year, but saw a 7.3% decline in wins, generating $89.8million. The third highest table earners?were craps games, with $384 million, followed by roulette, which saw an 8.9% increase to $351 million. Slots, on the other hand, generated $7.16 billion.
When it comes to sports betting revenue, Nevada’s sportsbooks saw a 3% increase to $19 million in December, most of which was due to football, which reached $13.9million, or 54.5% more than last year, while basketball declined to $6.4 million, or 27% less than in December 2015. But what’s interesting to note is that the sportsbooks had a record $4.5 billion handle in 2016, $1.7 billion of which was owed to football.
At the same time, while the revenue had an uptick, the total win fell by 5.4% in 2016, or $219.2 million. Football was the only sport that had a positive win performance when compared to last year, generating 91.2million or 10.5% more than 2015, while baseball fell by 18.2% to $32.2million and basketball by 8.7% to $66.6 million.