“The one thing I can tell you about what they’re finding in Las Vegas that’s creating renewed interest in the game is that people are willing to travel for bingo. “The Midwest market has always been strong bingo-related,” Fisher said. For example, in 1990, Nevada casinos lost 5.2 million dollars from bingo for a minus 6.54-win percentage, the worst year in history. The game’s profitability has fluctuated dramatically through the years. From 1988 to 1991, Nevada bingo lost money on aggregate every year. The UNLV Center for Gaming Research reported that during the period from 1984 – 2017, the game lost money for the state’s properties 10 times.
It marked the twenty-third consecutive year of profitability, including five straight years of continued growth, and reversed a negative trend that had stigmatized the game.įact is, bingo had a reputation for being one of Nevada casinos’ least consistently profitable games. The 32 bingo hall locations in Nevada generated win of 42.4 million dollars and a win percentage of 21.44 percent. According to the 2022 report compiled by the Las Vegas Center for Gaming Research from the university libraries at the University of Nevada Las Vegas, 2021 was by far the most profitable year for casino bingo in Nevada.