Nevada Gambling Commission reveals Another $1B month for Vegas gaming revenues

[ddm]

The latest monthly data released by the Nevada Gaming Commission reveals that the state’s casinos reported $1.04B in gaming revenue for the month of April. This is the second month in a row that the state’s casino have collected more that $1B in revenue and only the third time that the mark has been achieved in the month of April.

Casinos on the Las Vegas Strip brought in an impressive $483.4M in April as the state inches closer to a full recovery from the pandemic-enforced shutdown of both casinos and the tourism industry in general. This marks a 0.3% increase on April 2019 despite the fact that the number of people visiting Vegas is down by 27% for the same period.

Nevada Gaming Revenues Top $1B for Second Straight Month

$1.04B in gaming revenue

gamblingindustrynews.com

 

[ddm]

I'm planning on doing some donating in Vegas very soon too heh ..
gimme my 2nd Vax already, Malta.

 

[ddm]

they smashed it again =>


"According to the Nevada Gaming Control Board’s most recent monthly revenue report (May, 2021), the state’s casinos achieved an all-time high in May, generating $1.23 billion in gaming revenue. This surpasses the previous high of $1.17 billion achieved in October 2017 and represents a 25% rise above pre-pandemic data from May 2019.

This is the third month in a row that Nevada’s casinos have exceeded $1 billion in revenue, with both March and April having done so.

All casino districts saw a rise in revenue, with statewide gaming revenue up 8% so far this fiscal year.

For the second month in a straight, revenue at the strip’s casinos has increased, with the latest data representing a 26.7 percent gain over May’s figures. Slot machines were the top earner once again, taking in $358.3 million, up 24.5 percent from May 2019 and breaking an all-time monthly record in the process.

Given that Las Vegas tourist is down on the same period last year, the results are surprising. According to the Las Vegas Convention and Visitors Authority, the number of tourists who visited the city in April — according to the most recent numbers available — was down 27% from April 2019, while hotel occupancy was down 24%.

The newest revenue data in Downtown Vegas, the most popular zone for local gamblers, show a 13 percent increase over the same period last year. The district’s overall win of $75.2 million is the area’s second-highest monthly total ever.

In May, Nevada’s sportsbooks handled $477.2 million in sports betting, up 4.9 percent from April’s $454.7 million. Sports betting income fell 5.7 percent to $27.1 million. The state received almost $1.8 million in taxes as a result of this.

62.4 percent of all bets were placed on mobile devices, down from 65.3 percent in April.

Basketball is still the most popular sport, with $181.5 million in bets and $11.4 million in earnings for bookmakers in May. Baseball came in second with a handle of $176.8 million, making $8.7 million in income.
"

Nevada Gaming Revenue Record: $1.2B

The state of Nevada sets a new record for gaming revenue - with $1.2B in May 2021 - the third month in a row that Nevada's casinos have exceeded $1 billion

vegas-odds.com