2.6 million people visited Las Vegas last month, LVCVA says

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Rising Visitation Fuels Record Nevada Gaming Revenue of $1.3B for May

Nevada is on pace for another record-breaking year in gaming revenue, with casinos winning $1.32 billion in May, according to the monthly revenue report from the Nevada Gaming Control Board (NGCB). It was the 39th consecutive month that gaming revenues exceeded $1 billion. Nearly halfway through 2024, Nevada casinos were on pace to surpass last…

Finance ・ 28 June 2024

The Nevada Independent

Vegas gaming bounce in April changes outlook on the market

As Nevada sets a record for April casino revenue, analysts suggest high-end customers will continue to visit and pay higher room rates. The investment community has been bracing for a downturn in Nevada's gaming market. April's gaming and tourism results released Wednesday may have changed some minds. Following a 1.2 percent statewide revenue…

Finance ・ 30 May 2024

The Nevada Independent

Super Bowl plus leap day propel Nevada casinos to record February

Statewide gaming revenue of $1.34 billion was the highest total ever recorded in February. Also, Strip resorts saw 9.5 percent more visitors than last February. Nevada hit a trifecta in February. With Las Vegas hosting Super Bowl LVIII and the month seeing the entirety of Chinese New Year and an extra day - given 2024 is a leap year - Nevada…

Land-based ・ 29 March 2024

8 News Now

2023 Las Vegas tourism ends with records for air passengers, casino wins

LAS VEGAS (KLAS) - Tourism is strong coming out of a record-breaking 2023, according to reports released Wednesday showing air travel and hotel revenues surging ahead. November was a hard act to follow, with high-rollers flocking to Las Vegas for the return of Formula One, but December didn't disappoint - even setting a record win for casinos on…

Land-based ・ 01 February 2024

Wild Casino

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Northern Nevada Business Weekly

Nevada casinos set single-month revenue record in July

So much for a gaming revenue slowdown. Nevada's casino industry set a single-month record in July with more than $1.4 billion in casino earnings, fueled by elevated revenue from slot machines statewide and the highest hold percentage on baccarat wagers by Strip casinos in 20 years. After seeing statewide gaming revenue decline in three out of the…

Finance ・ 05 September 2023

Nevada Appeal

Casinos set revenue record; Washoe tops $100M

So much for a gaming revenue slowdown. Nevada's casino industry set a single-month record in July with more than $1.4 billion in casino earnings, fueled by elevated revenue from slot machines statewide and the highest hold percentage on baccarat wagers by Strip casinos in 20 years. After seeing statewide gaming revenue decline in three out of the…

Finance ・ 01 September 2023

8 News Now

Visitors up 1% in July, Las Vegas hotel prices continue to drop

LAS VEGAS (KLAS) - Hotel prices continued to drop in July, but remained slightly higher than last year at an average of $163.14 per night, according to the Las Vegas Convention and Visitor's Authority (LVCVA). Prices typically drop during the hottest summer months, rebounding in September. With Formula One on the horizon, hotel rates will go…

Land-based ・ 31 August 2023

The Nevada Independent

Nevada casinos set a single-month revenue record of $1.4B during July

So much for a gaming revenue slowdown. Nevada's casino industry set a single-month record in July with more than $1.4 billion in casino earnings, fueled by elevated revenue from slot machines statewide and the highest hold percentage on baccarat wagers by Strip casinos in 20 years. After seeing statewide gaming revenue decline in three out of the…

Finance ・ 31 August 2023

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Nevada

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Las Vegas, USA

Review Journal

Las Vegas casinos, tourism got a big boost in 2022

Las Vegas saw 38.8 million visitors last year, a 20.5 percent boost compared with 2021. But the double digit percentage increase was not enough to beat the city's 2016 record of 42.9 million visitors. The Las Vegas Convention and Visitors Authority also reported Tuesday that the city had more than twice the number of convention attendees in 2022…

Sports ・ 01 February 2023

Nevada Appeal

Nevada casinos close out 2022 with record gaming revenue figures

Nevada's casino industry set annual gaming revenue records statewide and on the Strip when November's figures were counted. December's response? "Not so fast." Fueled by a single-month record for the Strip in December, Nevada finished 2022 with more than $14.8 billion in gaming revenue, blowing past 2021's $13.4 billion by 10.5 percent, the state's…

Finance ・ 01 February 2023

Yogonet

Nevada casinos post 21st consecutive $1B+ month in November; break 2021's record performance

While the month of December has yet to be recorded, Nevada casinos drew in gaming win during the first 11 months of 2022 that already broke 2021's record performance. The state's 459 licensed casinos reported $13.5 billion for the period, up 10.2% over the first 11 months of 2021. The record was broken after casinos posted $1.22 billion in gaming…

Land-based ・ 08 January 2023

Yogonet

Nevada gambling revenue tops $1B for 18th consecutive month in August at $1.2B

Nevada's winning streak shows no sign of slowing down: the Silver State has now reported its 18th consecutive month of more than $1 billion in gambling revenue. According to the lastet data released by the Nevada Gaming Control Board on Thursday, the state collected $1.2 billion from its casinos in August, a figure 26.7% up from the same month in…

Finance ・ 30 September 2022

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Yogonet

Las Vegas posts highest visitation since start of the pandemic in July, in line with gambling rebound

Las Vegas posted its highest visitation numbers since the beginning of the pandemic in July, according to the latest data. Tourists flocked en masse to the gambling hub, despite rising inflation and fears of a potential recession. Nearly 3.5 million visitors picked Las Vegas as their destination, amid strong demand for gaming and a jam-packed event…

Covid ・ 01 September 2022

8 News Now

$1 billion gaming win streak extends to 12 months statewide; Strip win way up

LAS VEGAS (KLAS) - With a $1.113 billion gaming win in February, Nevada has now exceeded $1 billion every month for the past year. And tourism numbers from the Las Vegas Convention and Visitors Authority (LVCVA) show that resorts have returned to healthy bookings, with average room rates climbing to $149.52 per night. That's 15% more than hotels…

Covid ・ 30 March 2022

The Nevada Independent

Analyst: Events will make 2022 bigger Las Vegas revenue year than 2021

As the Las Vegas resort industry awaits the full return of its convention and meeting business, one gaming analyst said high-profile events tied to the National Football League will boost Southern Nevada visitation in the first half of the year, despite the recent national spike in COVID-19 cases. Daniel Politzer, who follows the gaming industry…

Finance ・ 13 January 2022

Northern Nevada Business Weekly

Nevada casinos post 7th straight billion-dollar revenue month

LED signs of the Hard Rock and Montbleu casino/hotels in Stateline thank first responders on Sept. 1, 2021.Photo: Christian Monterrosa / The Nevada Independent Howard Stutz | The Nevada Independent California's wildfires were the primary culprit in diminishing activity and business at casinos on the north and south shores of Lake Tahoe during…

Land-based ・ 01 November 2021

8 News Now

Casino win tops $1.1 billion in September even as fewer visitors come to Las Vegas

LAS VEGAS (KLAS) - Another strong month at Nevada casinos produced a gaming win of $1.1 billion, the sixth straight month of billion-dollar wins as the economic recovery revs its engine. Clark County alone reported a win of over $1 billion in September, totaling $1005184833. The gaming win - the amount casinos take from gamblers - produces tax…

Land-based ・ 27 October 2021

8 News Now

Vegas visitor volume rebounds, but still lower than before pandemic

LAS VEGAS (KLAS) - July was the best month for visitors to Southern Nevada since the pandemic began, but most numbers are still lower than the same time in 2019, according to a new report from the Las Vegas Convention and Visitors Authority. A total of 3302400 people visited Las Vegas in July, an increase of 11.2% from June and more than double the…

Covid ・ 27 August 2021

Review Journal

Las Vegas visitation numbers increase in May

Las Vegas continued its comeback in May as visitation grew by double digits over the previous month. Southern Nevadan visitation, hotel room occupancy and rates, revenue per available rooms and number of room nights occupied all increased from April to May, the Las Vegas Convention and Visitors Authority announced Wednesday. Las Vegas welcomed…

Land-based ・ 01 July 2021

Fox 5 Vegas

Nevada casinos take in record $1.23B in winnings in May

LAS VEGAS (FOX5) -- Nevada is reporting another massive gaming win in the month of May. The Nevada Gaming Control Board reported a gaming win of $1.23 billion in May 2021. It shows massive gains from May 2020 when casinos were still closed due to the COVID-19 pandemic; a 20970% increase from the previous year. For the fiscal year starting July 1,…

Winnings ・ 18 July 2021

Vegas Inc

Nevada casinos get more gamblers, but revenues still lag

Gamblers place bets on roulette during the reopening of the Mirage Thursday, Aug. 27, 2020. Thursday, March 25, 2021 | 10:30 a.m. Casinos are getting more gamblers back a year after the coronavirus pandemic began, but house revenue for the Las Vegas Strip still lagged in February, state regulators said Thursday. Statewide casino win and revenue…

Land-based ・ 18 July 2021

The Nevada Independent

Slot machine play lifts Nevada to second-highest ever revenue month

Nevada casinos fell $4 million short of tying the state's single-month gaming revenue record during March, and Las Vegas Strip casinos recorded their third-highest revenue month of all time. Analysts credited the locals' gaming markets and slot machine players with driving Nevada to its 13th straight gaming revenue month of more than $1…

Finance ・ 21 October 2022

The Nevada Independent

Southern Nevada casinos fuel Nevada to a record-breaking February

Depending on where you look, February was either another stellar month for Nevada gaming revenue or the second consecutive monthly decline in casino revenue totals. Statewide, Nevada casinos collected nearly $1.24 billion in gaming revenue during February, the highest figure ever recorded for the month, the Gaming Control Board said Tuesday. The…

Finance ・ 30 March 2023