“Comparisons get increasingly harder as we move into May and the summer months, and we believe it is likely that negative monthly gaming revenue comparisons will be the norm over the balance of the 2023 second quarter and the third quarter,” Santarelli wrote in a research note. Wagering was up almost 12 percent but revenue on the game declined 11.3 percent. Meanwhile, downtown Las Vegas casinos saw a 10.6 percent gaming revenue increase to $74.5 million.ĭeutsche Bank gaming analyst Carlo Santarelli told investors Strip casino results were actually slightly off the projection his firm made going into the month because of a lower-than-normal hold percentage on baccarat. Strip casinos collected $624.7 million from customers, a 5.3 percent increase from a year ago. The Nevada Gaming Control Board said Wednesday the statewide revenue total of $1.2 billion was a 2.8 percent increase from a year ago and only the fifth time the state has collected $1 billion or more in the month. Strip casino results drove Nevada to a record gaming revenue total for April as the state recorded its 26th consecutive month collecting $1 billion or more from gamblers.
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PITTSBURGH, Pa.-Those looking to take advantage of online casinos in Pennsylvania can now take advantage of BetMGM’s Borgata Casino app that has launched in the state.
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