Posts Tagged ‘Football Wagering’

November 21, 2012

Football Betting Picks up Slack as Baccarat Power Wanes

Nevada gaming revenues rise 3.3 percent in September

Forget about baccarat for at least one month.

Football wagering revenues offset declines in baccarat results during September, propelling Nevada to a modest gaming revenue increase.

Statewide, casinos collected $892.7 million in gaming revenues in September, a 3.3 percent increase compared to the same month a year ago according to figures released Thursday by the Gaming Control Board.

On the Strip, casinos collected $496.5 million from gamblers during the month, a 1.2 percent increase over September 2011.

Baccarat results – which have predominantly been the stepping-off point for whether or not that state and the Strip had a positive revenue month over the past few years – declined in September.

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