Nevada casinos’revenues show a decline
Casinos in Nevada generated US $1.306 billion in July 2024.Nevada is a landlocked state in the Western region of the United States. The state currently has more than 150...
Nevada casinos report record in October revenues
Casinos in Nevada generated US $1.28 billion in October 2024.
Nevada is a landlocked state in the Western region of the United States. The state currently has more than 150 casinos. The gaming regulatory board reported that October’s gaming revenue in Nevada rose to $116.3 billion, with the Las Vegas Strip having a 3% increase. The Strip is Nevada’s casino center with its 45 casinos. The revenue increase is a result of more win rates, especially in Strips’s slot machines.
Michael Lawton, the NGCB’s senior economic analyst, said:
“The level of play was there. Unfortunately, the games didn’t hold compared to last October, especially baccarat, football wagering, and roulette. I am encouraged by slot win, which set a new all-time record for monthly wins on volumes that were up a solid 3.6%. Additionally, table games play remains healthy but continues to face difficult comparisons on the hold side.”
Downtown Clark County, on the contrary, saw a decline of 11% to $86.8 million.
A recent WalletHub study reveals that nearly 75% of US adults say inflation kills their spending. Americans are still dealing with higher costs for flights, hotels, and gas compared to pre-pandemic levels. Las Vegas remains a popular destination for those who like entertainment and gaming activities.
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