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Nevada Posts Gain in Gaming Revenue for May

Nevada casinos showed a revenue increase of 8.1% for the month of May in comparison to 2013 numbers.

The Nevada Gaming Control Board released results for 2014’s fifth month and statistics indicate that the Silver State’s baccarat tables saw heavy action from gamblers. More than $172 million of the $970.2 million that Nevada casinos won in May was received from punters wagering on “Player or “Banker.”

It was a baccarat month,” the board’s senior research analyst, Michael Lawton, told the Las Vegas Sun.

A welterweight prize fight at the MGM Grand during the month between Marcos Maidana and Floyd Mayweather Jr. is believed to be responsible for attracting a large number of high rollers to the Sin City. The Chinese Labour Day holiday during the month that saw Asian vacationers making the trek to Las Vegas casinos was also a factor in increased revenue totals.

Nevada’s online poker regime, which is expected to see growth later this year when an interstate partnership with Delaware launches, increased almost 9% over the previous month. WSOP.com, Ultimate Poker and Real Gaming combined to collect $862,000.

 

 

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Charles Rettmuller

Charles has been an avid poker player for a number of years, both live and online. He holds a degree in journalism and previously worked as a reporter for a Chicago-based newspaper. Charles joined the PokerUpdate team in early 2012 and writes daily news articles for the site.

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