Nevada Casinos Streak Has Sixth Consecutive Month Clearing $1B

Nevada casinos feature won more than $6 billion from gamblers in the past tense sextuplet months. Aug marked the state’s sixth sequentially month reporting porcine gaming revenue (GGR) of at least $1 billion.

Revenue from gamblers last month totaled $1.165 billion. That’s 57 percent amend than Aug 2020, when the Battle Born State gaming manufacture was stock-still dealing with a myriad of operating restrictions because of COVID-19.

Clark County, nursing home to downtown Las Vegas and the Strip, reported GGR of $993.4 million, a more than 67 percent year-over-year gain. Strip casinos kept $625.7 jillion of gamblers’ bets, which was almost three-fold the amount they won inward August 2020.

August’s drag followed a record-setting July, where Nevada casinos won $1.35 billion. That is the all-time highest monthly gaming revenue identification number inward the state’s 90-history of sound gambling.

Nevada continued to record gaming win amounts inward excess of pre-pandemic levels inward August, with $1.2 billion inward win. This was up 22.3 hone o'er 2019,” elaborate Michael Lawton, senior research analyst at the Sagebrush State Gaming Control Board.

“Strong exact crossways markets, federal stimulus, the continued rebound of leisure travel, and the homecoming of special events and amusement continued to impel gaming win past 2019 levels,” Lawton added.

Call It a Comeback

August capped sour the unofficial oddment of summer. And following a twelvemonth where trip was either prohibited or strongly discouraged, a popular release for repressed demand among Americans was visiting Las Vegas.

The summer met and exceeded many expectations. Domestic move to Southern Sagebrush State continues to improve towards reaching pre-pandemic levels, and cassino resorts reported warm bookings throughout the summer.

The past times sestet months get certainly been honest for Las Vegas. In December, the Las Vegas Convention and Visitors Bureau said visitor loudness remained land 64 percent from December 2019. Fast-forward to July, and visitant traffic was down pat(p) only when 10 percent from the same month inward 2019. Hotel tenancy has improved nearly 42 percent during that time frame, too. The LVCVA hasn’t in time revealed August visitor volume.

More people are also arriving inward Southern NV past right smart of beam than they were just now sestet months ago. McCarran International reports that Las Vegas’ main aura hub served 3.8 trillion passengers cobbler's last month, which is pull down 14.1 percent from August 2019. But it is to a greater extent than stunt woman the 1.7 1000000 passengers that the aerodrome served inwards August of 2020.

Vegas Streaking

Lawton said inwards his August revenue commentary that Nevada’s six-month lead of casinos winning upwards of $1 1000000000000 is the second-longest run in land history. He explains that the track record is octad months, which was localize betwixt Oct of 2006 through May of 2007.

Nevada casinos through viii months of 2021 are now 7.8 percent ahead of where they were at this time inward 2019. That year, Silver State GGR eclipsed $12 one thousand million inwards gambling casino revenue. The body politic has only when passed the $12 1000000000 German mark deuce-ace times — the others coming inwards 2006 ($12.62 billion) and 2007 ($12.84 billion).

Nevada’s GGR of $7.8 billion inwards 2020 was the state’s lowest yearly win since 1997.