Nevadas gaming establishments struck gold in June, amassing an impressive $1.27 billion in earnings, primarily due to a surge in baccarat wagering.

This achievement marks the 16th consecutive month that the state has exceeded the $1 billion threshold, solidifying its status as the gaming hub of the United States, particularly in light of Macau’s recent challenges.

Baccarat, a game favored by high-stakes players, witnessed an astounding 237% revenue surge compared to the previous June, generating a massive $1.432 billion.

Other games also enjoyed notable growth: card games climbed by 83%, reaching $46.3 million, Ultimate Texas Hold ‘Em surged by 22% to $14 million, and alternative slot machines experienced a 22% rise, hitting $10.8 million.

However, not all sectors flourished. Earnings from penny, nickel, and quarter slots all declined this month.

Sports wagering presented a mixed picture. While football actually cost Las Vegas $130,000, all other sports managed to keep the state profitable.

Nevada’s robust performance is a positive sign for US casino companies preparing to announce their second-quarter financial results. While the general trend for the quarter appears to be stagnant or slightly positive, Nevada’s figures offer a beacon of optimism.

For example, Boyd Gaming only recorded a 0.1% revenue increase for the second quarter. However, as their CEO Keith Smith noted, this is largely attributed to the challenging comparisons with the previous year, when the lifting of pandemic restrictions and stimulus payments fueled a spending spree.

As Kambis Q2 earnings revealed a 19% decrease in income beyond American borders (or a 16% climb excluding DraftKings), Evolution Gaming announced a 34% jump in operational earnings – a number CEO Martin Carlesund deemed “respectable, but we are capable of more.”