Slots

Nevada, casino cash in over a billion dollars for the 18th month in a row

Another record month for Nevada casinos. According to the data provided by the Gaming Control Board, in August the gaming revenue was equal to 1.2 billion dollars, an increase of 3.5 percent compared to a year ago, even if the market fell from 8.2 percento rispetto a luglio, ben all’interno della tendenza storica.
But with games in all the state that amount to almost 14 percent more than the record year of 2021, when the receipts were 13.4 billion, il 2022 seems to be on the way to write again once again di storia dei giochi del Nevada. And in August, the threshold of one billion dollars was exceeded for the 18th consecutive month.

Casinos on the Las Vegas Strip continue to bring in state revenue of 659.7 million dollars, an increase of 5.2 percent compared to 2021. In eight months, casinos on the Strip have collected almost 25 percent more than at the record of 2021 and hanno toccato quota 7 miliardi di dollari.
“Overall, we consider Las Vegas Strip gaming revenue results to be generally stable. They reflect a typically slower August, as highlighted by operators in recent earnings calls,” Wells Fargo gaming analyst Daniel Politzer writes. in a research note.

The statewide and Strip results have led the Board of Control’s principal research analyst to predict that last year’s total revenue record will be exceeded. “The calendar of events continues to impress me with no sign of a decline in visits in the near future,” says Michael Lawton, senior economic analyst at the board of directors. “I believe that we could witness a decrease year after year, but in terms of level of winning the game that we are assisting, I believe that the trend is sustainable, especially on the Las Vegas Strip.”

Clark County, despite the decline in two of its reference markets (Laughlin and the Boulder Strip, which includes Henderson), has totaled more than $1 billion in gaming revenue in August, the eleventh time in the last 18 months. mercato has exceeded that figure.
Analysts have affirmed that the declines in Laughlin (minus 12.6 percent) and Boulder (minus 3 percent) could be due to calendar problems with July and August that begin and end in a weekend, which often interrupts the collection of slot machines.
Lawton credits the resort on the Strip with the increase in August statewide. Various special events, including concerts at Strip resorts and sporting events at Allegiant Stadium and T-Mobile Arena, have encouraged visits and games.
The income of board games in the whole state increased by 6 percent, that of baccarat by almost 4 percent and that of slots by 2.5 percent.

Lawton does not expect many changes at the moment of doing and counting for September.
“The calendar of events in September is out of scale and I believe that this will translate into another impressive month for gaming revenue”.




Related posts

how much money can they contain and how to understand when they are full

Slotmachine

PlayStation Games You Should Check Out Today

Slotmachine

Betcris Adds New Betting Options for Customers in Poland through TVBet Partnership

Slotmachine