Due to a strong fourth quarter, total gross gaming revenue in Nevada closed 2018 with the best annual growth in more than a decade. Statewide gaming revenue totaled $11.9 billion for the year, a 3.0 percent improvement over the prior year, marking the highest annual growth rate since the 8.3 percent of 2006. However, the momentum from the end of 2018 has not carried into 2019. Through the first quarter of the year, gaming revenue totals have shown signs of slowing, but a closer examination reveals that much of the slowdown is linked to the volatile trends of the table game baccarat.

In the 12 months through March 2019, gaming revenue generated in Nevada totaled $11.9 billion, up 1.9 percent from a year ago. The growth in statewide gaming revenue over that time was driven largely by a 3.8 percent increase in slot machine revenues to $7.8 billion. That growth was partially offset by the 1.5 percent decrease in table game revenue to $4.1 billion. In terms of actual gains and losses over the past 12 months, slot machine revenue grew by $285.7 million while table game revenue fell by $62.0 million.

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