Gaming slowdown? Not in Nevada as casinos head toward a record
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Nevada could shatter last year's gaming revenue totals in just 11 months. October marked the 20th straight month of $1 billion or more in state gaming revenues. The state and the Strip have already surpassed the full-year pre-pandemic gaming Revenue totals recorded in 2019. U.S. gaming income has increased almost 15 percent in the first nine months of 2022 compared to a year ago. North Lake Tahoe saw gaming money decline compared with a previous year. Las Vegas Strip gaming is on a positive trend.
Downtown Las Vegas casinos made a gaming revenue record of $90.5 million in October. Other Nevada markets are also on a record gaming revenues pace. Clark County as a whole is up almost 14 percent compared to 2021.
Nevada sportsbooks recorded revenue of $56.9 million in October. Mobile wagering accounted for almost 67 percent of all sports wagers.
