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The Nevada Gaming Control Board announced Friday that the state’s 433 major casinos took in $1.079 billion from players in January. Wins – the amount of money casinos collect from slot and table game players – have increased by 41.6% since January 2021.
Clark County once again contributed significantly to state profits, with $928.7 million, an increase of 50.4% from January 2021 and 86.1% of his statewide.
All but one of the markets overseen by the Clark County Board of Governors posted double-digit percentage gains, with the Strip up 76.4% to $567.2 million and downtown Las Vegas up 38.4%. $67.7 million.
January is typically a big visiting month with several major conventions in Southern Nevada, including CES and the SHOT Show (aka Shooting, Hunting, Outdoor Trade Show). Control Board research analyst Michael Lawton said:
weakness of the countryside
“Primarily, the outbreak has disrupted the group’s participation in business related to the Consumer Electronics Show, which was held Jan. 5-7,” Lawton said. “Additionally, the epidemic, along with bad weather across the country, resulted in the cancellation of thousands of flights to Harry Reid International Airport, which also adversely affected casino floor traffic in the first half of the month.”
Some local gaming markets he showed some weakness in January, with South Lake Tahoe down 4.4% to $17.1 million, Wendover down 1.6% to $21.7 million and Elko County down just $31.8 million.
Lawton said the decline in South Lake Tahoe was largely due to bad luck at the casinos. “South Shore slot deposits increased 15.9% compared to January 2021 to $26.6 million. ‘s win rate decreased by 11.9%, or $1.5 million,” he said.
The film’s 58 licensees remain in the spotlight, and in January he took 61.1% of Clark County’s total revenue and 52.6% of state total revenue, but Lawton said the news was Warned not all good. “Total revenue for the strip is $567.2 million, which is up 76.4% from January 2021, but only 6.6% from January 2019.” “Compared to the pre-pandemic month of January 2020, the Strip is actually down 0.9%, or $5.1 million. It was the lowest total revenue ever recorded in