Everyone knows that Casinos are very profitable. But I doubt many people know the extent of their profitability.
Below, is the Net Wins [profit] for Nevada casinos for the month of November and for 2018 as a whole.
– Net Profit For Nevada Casinos in January 2019:
- Penny Slots: $283.2 Million
- Baccarat: $95.9 Million
- Blackjack: $90.2 Million
- Craps: $34.7 Million
- Roulette: $29.4 Million
- Sports: $14.6 Million
– Net Profit For Nevada Casinos in 2018:
- Penny Slots: $3.3 Billion
- Baccarat: $1.2 Billion
- Blackjack: $1.1 Billion
- Craps: $386.4 Million
- Roulette: $384.1 Million
- Sports: $301.0 Million
To avoid any confusion: That’s the money the casinos profited from customers.
Some Additional Notes:
- These penny slot stats aren’t outliers. Over the past couple years, Penny Slots have consistently profited casinos over $200 Million a month.
- Penny slots do NOT mean all coin slots. Those numbers above are literally only from Penny games.
For example, in November, Nevada casinos also made “only” $3.5 Million in 5 Cent Slots, $23 Million on Quarter Slots and $46 Million on Dollar Slots. In all, they profited $634 Million in slot machines alone in November! - Those looking for poker: Poker is lumped into a separate category called “Card Games” which netted $9 Million in November and $119M so far in 2018. The reason for such a ‘low number’ is because you’re playing other customers, not the house.
- In 2017, Nevada Casinos net profit:
- Baccarat: $1.1 Billion
- Blackjack: $1.2 Billion
- Craps: $393.5 million
- Penny Slots: $3.1 Billion
- Roulette $367.3 million
- Sports: $248.7 million
Also Recommend Reading this Article About “The Science Behind Casino Profits”
[Source: David Purdum Via Nevada Gaming Control]
PSA: Have a Gambling Problem? Call or Text 800-522-4700 – Available 24/7
And not including their overpriced restaurants, bar, parking, etc.
I’m amazed by this
All about the rake
O M G
so if you do gamble, stick with sports and roullette?
No because more people may be playing the other games hence the greater profits. Unless all games are played the same amount, I don’t see any use in this stats… Please feel free to correct me if I am wrong!
You are right. The roulette wheel is only 51% in the houses favor. That’s probably the best game to play. Saying how profitable they are is irrelevant, it’s all in the percentage that the house wins vs. The gambler wins.
That’s over 300,000,000,000 in pennies if im getting my zeroes correctly