Downtown Las Vegas hits record $90.5 million revenue in October
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Downtown Las Vegas hit a $90.5 million revenue record in October. The state gaming industry revenue exceeded $1 billion in that month.
$1.3 billion in October was generated by 437 licensed casinos in Nevada. The highest gambling win was seen in Clark County, where 215 locations won $1 billion. Las Vegas Strip generated $705.8 million.
Downtown Las Vegas casinos won $90.5 million in October.
Downtown Las Vegas hits record $90.5 million revenue in October. Some locations were affected by the calendar moving event in other months.
The October 2022 record of $705.8 represents a 31.1% increase over the pre-pandemic October 2019. The Strip saw an increase of 0.5% in October 2021. Downtown Las Vegas benefited from the tight schedule of October events with rock’n”roll stars like Eddie Vedder and Van Morrison performing at the Park MGM.
Sportsbooks won $56.9 million in October, up 17.7% compared with October 2021. Mobile wagers totaled $613.5 million, down 12.8% on a y-o-y basis. Downtown Las Vegas hit a record $90.4 million revenue in the same month.
$76.4 million paid in general fund from July to November 28. The state collected $406.1 million from the general funds from October to October.
