How Much Money Does A Casino Make In A Day?
Have you ever wondered how much money does a casino make in a day? So did we. We did some digging to see what we could find out.
Land-Based Casino ProfitsThe University of Nevada – Las Vegas looked at data compiled by the Nevada Gaming Control Board in 2013 and came up with a bit of information. In the study, the NGCB took information from 23 Las Vegas casinos. The total revenues gained revenues of more than $5 trillion on just the games. Games included pit games, table games, video slots, racebook, and sportsbook. If you add in hotel rooms, meals, beverages, and games, the revenues topped $14 trillion. This breaks down to an average daily profit of $630,000 for just games and $1.7 million for all casino departments in the 23 casinos. If you take the total revenues and divide it by the 23 casinos, it's an average of $73,900 per day for just one casino. In a look at just Nevada Gold Casinos, the first quarter of 2018 brought in net revenues of $18.5 million. That's just three months. Break that down and it's about $205,000 a day for all of that group's 11 casinos. That breaks down to about $18,636 per casino each day.
Online Casino ProfitsNow, if you look at just online casinos, revenues are even better than with the land-based ones. According to Statista, in 2017, revenues for online casinos were at $139.97 billion. Asia saw revenues of $148.65 billion. Europe's revenues were at $107.42 billion. Other countries brought in revenues of $22.79 billion. Worldwide, this comes down to around $1.147 billion each day. In just the U.S., it breaks down to approximately $383.47 million each day. Breaking this down per online casino is tough as online casinos are added regularly. The last published count released by the U.S. government was around 1,800, but that was more than 20 years ago and is bound to no longer be accurate. It's also said that in 2015 mobile casinos brought in just over $3 billion in the U.S. Mobile casinos are also drawing a lot of revenue throughout the world. How much does a casino make in one day? Whether you're looking at land-based casinos or online and mobile casinos, the answer is clear. They do bring in a lot of revenue to towns, states, and countries.
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