Las Vegas Strip July Casino Revenue Reaches Record High
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Las Vegas Strip casinos generated revenue of $793.7m in July.
July saw a record-breaking month for Las Vegas Strip casinos. The revenue reached $793.7m, which is an increase of 47% from July 2019.
July saw a record $1.35 billion in casino revenue in Nevada. The growth is due to an increased number of visitors to Las Vegas.
There were 3.3 million visitors to Las Vegas in July. Hotel occupancy reached nearly 80% on average and 88% at weekends. Strip slot revenue increased by 39% and table game revenue by 31%. For the whole of Clark County, casinos took in $1.16bn in revenue, up 15%.
July marked the second month in which casinos could welcome gamblers at 100% occupancy levels across Nevada. The local government restricted casinos throughout the pandemic, leading to a downward trend in gaming revenue. In December, the state's revenue hit three record lows, including the lowest monthly revenue since 1997. However, Nevada's gaming market is continuing to recover from the effect of these restrictions.
