Posts Tagged ‘Football Wagering’

Football Betting Picks up Slack as Baccarat Power Wanes

Nevada gaming revenues rise 3.3 percent in September

by , Nov 21, 2012 | 1:00 pm

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.