Record $1.3B collected by Nevada casinos for the month of May

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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

The Nevada Independent

Nevada casinos again shatter revenue record, bring in $15.5B in 2023

Strip casinos had their most lucrative year at $8.9 billion. Also, Las Vegas visitation tops 40.8 million and Reid Airport sets passenger record. For the third straight year, Nevada casinos shattered the state's annual gaming revenue record. The Gaming Control Board on Wednesday said casinos statewide collected $15.5 billion in gaming revenue in…

Finance ・ 01 February 2024

The Nevada Independent

Despite market declines, NV gaming revenue kept afloat by high baccarat hold in September

Nevada sees its 31st straight billion-dollar revenue month despite declines in nearly all major gaming markets. Without the Strip's high-end baccarat action and slot machine revenue from casinos in Laughlin, September gaming revenue for Nevada could have looked much different. Instead, the state saw its 31st consecutive billion-dollar gaming…

Finance ・ 01 November 2023

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Nevada sees modest casino revenue growth to $1.21 billion in August

Nevada's casino industry has reported its second consecutive monthly increase in gaming revenue for August, albeit a modest one. According to the Gaming Control Board, state-wide gaming revenue reached $1.209 billion in August, representing a less than 1% increase, or approximately $788000, compared to the same period last year. The overall total…

Finance ・ 04 October 2023

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

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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Review Journal

Nevada gaming win over $1 billion again in Februray 2023

Nevada's casino gaming win increased by double-digit percentages again in February, marking two years in which state gaming operations collected more than $1 billion a month, the Nevada Gaming Control Board reported Tuesday. Clark County casinos alone surpassed $1 billion for the 10th straight month, building a streak of its own. The Control Board…

Finance ・ 29 March 2023

Review Journal

Nevada, Strip gaming wins for 2022 shatter records

A perfect storm of positives boosted the state's gaming revenue last year, including one more weekend day in 2022 than 2021 and a robust calendar of sports and entertainment events. Nevada's casinos set an all-time record with $14.8 billion in gaming win for 2022, though it already surpassed 2021's record performance of $13.4 billion by November,…

Law ・ 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

World Casino News

Downtown Las Vegas hits record $90.5 million revenue in October

The Nevada Gaming Control Board reported Tuesday that the state gaming industry revenue exceeded $1 billion in October, with downtown Las Vegas hitting a $90.5 million record. The 20th consecutive month with revenue reaching these levels generated $76.5 million of gambling tax, a 6.4 percent year-on-year increase. $1.3 billion in revenue in…

Finance ・ 03 December 2022

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The Nevada Independent

Analysts: Nevada casinos headed toward a second-straight revenue record year

Historically, Nevada gaming revenue averages a 9 percent decline between July and August. The Gaming Control Board said Thursday that August's statewide gaming revenue figure of more than $1.2 billion was a 3.5 percent increase from a year ago, even as the market was down 8.2 percent from July - well within the historical trend. But with statewide…

Land-based ・ 29 September 2022

The Nevada Independent

Strip, downtown casinos propel Nevada’s 15th straight billion-dollar revenue month

Gaming revenue collected during May saw record-breaking totals for casinos in Clark County, the Strip and downtown Las Vegas, while fueling the state to its 15th straight month of $1 billion or more in gambling winnings. The Gaming Control Board said Thursday that the state's $1.3 billion in total gaming revenue was 5.7 percent higher than the…

Finance ・ 30 June 2022

The Nevada Independent

Recovery slows but Nevada casinos still have 14th straight billion-dollar month

Nevada casinos recorded their 14th straight month of at least $1 billion in gaming revenue during April, but the total marked the first time in more than a year the state didn't experience a double-digit increase. The Gaming Control Board said Thursday that casinos statewide collected almost $1.13 billion in gaming revenue in April, with more than…

Land-based ・ 26 May 2022

Review Journal

Gaming win numbers set new records in Clark County, downtown Las Vegas

Record-breaking gaming revenue performances in Clark County and downtown Las Vegas and the highest monthly revenue totals ever recorded statewide from slot machines paced gaming win in March, the Nevada Gaming Control Board said Thursday. The 220 casinos in Clark County won $1.178 billion from players, 31.7 percent over March 2021, while downtown…

Finance ・ 16 December 2023

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 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 billion. The…

Finance ・ 28 April 2022

Review Journal

Nevada gaming win records continue to fall for state’s major casinos

The state's casinos, paced by 215 licensees in Clark County, recorded the highest gaming win revenue in Nevada history in 2021, the Gaming Control Board reported Thursday. The state's largest casinos in December also won more than $1 billion from players for the 10th straight month, extending the record that had stood for 14 years and was broken in…

Roulette ・ 21 October 2022

Review Journal

Nevada gaming win tops $1B for 9th straight month, sets record

Nevada casinos in November set an all-time record for the longest streak of consecutive months winning more than $1 billion from players, the Nevada Gaming Control Board reported Wednesday. The streak of nine months, which began in March, topped a record that had stood for 14 years. Michael Lawton, a Control Board research analyst who crunches the…

Sports ・ 30 December 2021

The Nevada Independent

Nevada casinos near all-time gaming revenue mark after strong November

Nevada casinos have recorded their third-highest gaming revenue year. And there is still one month to be added to the 2021 books. The Gaming Control Board said Wednesday that statewide gaming revenue in November was $1.32 billion, just shy of the single-month record of $1.36 billion reported in July. November's totals were a 41 percent increase…

Land-based ・ 29 December 2021

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

The Nevada Independent

Gaming slowdown? Not in Nevada as casinos head toward a record

Nevada could shatter last year's record-breaking gaming revenue totals in just 11 months. October marked the 20th straight month of $1 billion or more in state gaming revenue, according to figures released Tuesday by the Gaming Control Board. Statewide, gaming revenue sits at $12.3 billion for the first 10 months of 2022, more than 12 percent above…

Finance ・ 29 November 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

The Nevada Independent

September gaming revenue steers Nevada casinos toward another record-breaking year

Nine months are in the books for 2022, and Nevada casinos are far ahead of last year's record gaming revenue total. Analysts say the state's gaming industry is on track to shatter 2021's single-year total of $13.4 billion in revenue before December, especially if Las Vegas Strip resorts continue to experience the positive business trends seen in…

Land-based ・ 27 October 2022