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Nevada Gaming Control Board: Nevada Gaming Abstract

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The Nevada Gaming Control Board has released its “NEVADA GAMING ABSTRACT – 2020.” The ABSTRACT is a report of combined financial information regarding Nevada gaming licensees grossing $1 million or more in gaming revenue during the fiscal year ended June 30, 2020 (FY 2020).

During FY 2020, there were 267 casinos in Nevada which grossed $1 million or more in gaming revenue. Together, these casinos generated net income of $2,893,142,737 from total revenues of $18,348,234,892. These results are improved compared to FY19 when net income of $2,055,525,922 was recorded on total revenues of $24,546,009,009. “Total revenue” is the money spent by patrons on gaming, rooms, food, beverage, and other attractions. “Net income/loss” is the money retained by casinos after expenses have been paid but prior to deducting federal income taxes and prior to accounting for extraordinary expenses. Gaming revenue accounted for $6,746,883,467 or 36.8% of total revenue. These 267 casinos paid $693,999,763 in gaming taxes and fees, equating to 10.3% of their gaming revenue.

On a county-by-county basis, Clark County had 157 casinos grossing $1 million or more in gaming revenue during FY 2020, which generated combined net income of $2,912,541,800 from total revenues of $16,298,422,043. Washoe County had 33 casinos which reported combined net income of $21,290,888 from total revenues of $1,166,315,584. Elko County had 17 casinos with $11,933,545 in combined net income. South Shore Lake Tahoe in Douglas County with 6 licensees reported a net loss of $65,861,830. Carson Valley Area with 15 casinos generated net income of $3,758,939. The balance of the state had 39 casinos earning $9,479,395 in combined net income.

Net Income/

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% Change

Total

% Change

Gaming

% Change

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Area

Loss

from FY 2019

Revenue

from FY 2019

Revenue

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from FY 2019

Statewide

$2,893,142,737

40.7%

$18,348,234,892

-25.2%

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$6,746,883,467

-23.0%

Clark County

$2,912,541,800

54.9%

$16,298,422,043

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-25.8%

$5,773,824,541

-23.4%

Las Vegas Strip

$2,740,220,338

162.1%

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$12,126,708,964

-26.7%

$3,387,496,073

-24.2%

Downtown Las Vegas

$21,914,582

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-87.8%

$932,318,182

-23.7%

$436,238,178

-23.3%

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Laughlin

-$13,059,417

-113.6%

$530,828,762

-25.6%

$277,343,919

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-27.9%

Boulder Strip

$81,765,488

-61.5%

$879,342,448

-23.0%

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$557,683,971

-22.1%

Balance of County

$81,700,809

-76.5%

$1,829,223,687

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-22.3%

$1,115,062,400

-20.5%

Washoe County

$21,290,888

-83.4%

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$1,166,315,584

-19.4%

$474,929,043

-22.0%

Reno/Sparks

$13,229,233

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-88.0%

$1,039,760,602

-19.9%

$409,636,693

-23.2%

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South Shore Lake Tahoe

-$65,861,830

18.4%

$283,292,673

-19.9%

$131,274,877

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-16.0%

Elko County

$11,933,545

-79.6%

$316,825,925

-23.1%

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$181,095,570

-17.7%

Wendover

$18,466,340

-63.4%

$201,775,837

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-21.2%

$113,950,499

-14.7%

Carson Valley Area

$3,758,939

-71.6%

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$122,862,793

-19.9%

$79,340,643

-18.9%

Balance of State

$9,479,395

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-68.8%

$160,515,874

-22.5%

$106,418,793

-21.2%

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In FY 2020, 61 casinos owned by public companies accounted for 71.0% of the total gaming revenue generated statewide during the fiscal year.

In addition to providing combined balance sheets and income statements, the GAMING ABSTRACT includes data concerning average number of employees, rate of room occupancy, revenue earned per room per day, gaming revenue earned per square foot of gaming floor space, and various ratios. Data is also combined into totals representative of casinos statewide with rooms and casinos statewide owned by publicly held corporations.

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Canada

absolutebet Secures AGCO Registration as an Internet Gaming Operator in Ontario

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Internet Gaming Operator by the Alcohol and Gaming Commission of Ontario (AGCO).

This significant milestone authorizes absolutebet to offer regulated iGaming services in Ontario’s legal market under the oversight of AGCO and iGaming Ontario (iGO).

The registration marks a key step in absolutebet’s mission to bring a trusted, responsible, and innovative online casino experience to Ontario players. absolutebet is committed to operating with integrity and transparency, meeting all provincial standards for player protection, responsible gambling, anti-money laundering, and game integrity.

Securing AGCO registration is more than a milestoneit’s the start of absolutebet’s journey in one of the most exciting regulated markets in the world,” said Chen Truman, Founder of absolutebet. “We are building a brand that will grow with the Ontario community and set the stage for future expansion.”

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On the regulatory milestone, Krisztina Kalla, Legal & Regulatory Compliance Advisor of absolutebet, commented: “I’m incredibly proud to see all the hard work behind this license pay off. Securing AGCO registration has taken months of preparation and close collaboration with regulators and partners. I am very happy to see the result of that work, and even more excited as we move into the launch phase and open up the absolutebet community to Ontario players in a fun and responsible way.”

Ontario is recognized as one of the most competitive and fast-growing regulated iGaming markets in North America. With AGCO registration secured, absolutebet will move forward with the final stages of its iGO onboarding process in preparation for launch.

 

The post absolutebet Secures AGCO Registration as an Internet Gaming Operator in Ontario appeared first on Gaming and Gambling Industry in the Americas.

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Alex Malchenko Head of Sales at Evoplay

Evoplay strengthens Ontario presence in partnership with Caesars Entertainment

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Evoplay, the award-winning game development studio, has partnered with Caesars Entertainment to expand its footprint in the Canadian market, following its initial entry earlier this year. The partnership integrates 20 of the studio’s top-performing titles onto Caesars Palace Online Casino, Horseshoe Online Casino and Caesars Sportsbook & Casino in Ontario, including fan-favourites such as Hot Triple Sevens, Triple Chili, and The Greatest Catch Bonus Buy.

Having announced its official entrance into Ontario in March, the collaboration with Caesars marks a significant step in Evoplay’s local strategy. Further standout releases, such as Inner Fire Bonus Buy and Hot Volcano, also launched as part of the initial package, with additional player favourites, including Fruit Nova and Ice Mania.

The collaboration underlines Evoplay’s commitment to working with leading operators to deliver high-quality content tailored to regional audiences.

Alex Malchenko, Head of Sales at Evoplay, said: “Launching with Caesars in Ontario marks a key milestone in our North American strategy.

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“It reflects both the strength of our portfolio and our commitment to providing innovative, high-performing content to operators of the highest caliber.”

Ricardo Cornejo Rivas, Vice President of Online Gaming at Caesars Digital, said: “Evoplay brings a fresh and dynamic approach to online gaming, which we’re excited to offer to our players in Ontario. This portfolio of standout titles adds to our growing content library and furthering our ongoing goal of delivering top-tier entertainment experiences to our players.”

The post Evoplay strengthens Ontario presence in partnership with Caesars Entertainment appeared first on Gaming and Gambling Industry in the Americas.

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iGaming Ontario Appoints Joseph Hillier as its New President and CEO

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The iGaming Ontario Board of Directors has announced Joseph Hillier as the organization’s new President and Chief Executive Officer, effective September 8, 2025. Joseph’s depth in the Ontario igaming market combined with successful public and private sector careers make him the ideal President and CEO at this critical point in iGaming Ontario’s growth.

Joseph was most recently Chief Strategy Officer and Corporate Secretary at the Alcohol and Gaming Commission of Ontario (AGCO), where he delivered significant strategic and regulatory initiatives across the province’s alcohol, cannabis, gaming, and horse racing sectors. Prior to the AGCO, he served as Chief of Staff to Ontario Attorney General Hon. Doug Downey and led the development, launch and implementation of Canada’s first private sector-driven igaming market and the creation of iGaming Ontario. Joseph also spent more than a decade working in the financial and legal services sectors.

The Board expressed its sincere thanks to David Smith for serving as Interim President and Chief Executive Officer since Martha Otton’s retirement.

The post iGaming Ontario Appoints Joseph Hillier as its New President and CEO appeared first on Gaming and Gambling Industry in the Americas.

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