Nevada earns $1 billion for the second consecutive month, with slot at all-time high

Nevada’s casinos

Nevada’s casinos generated more than $1 billion in April in GGR, up 11 percent from pre-pandemic levels in April 2019 and the second month in a row to surpass the total. With a total of $793.7 million, the month set a new state record for slot machine revenue. It surpassed the previous high of $14 million set in October 2007.

“In Nevada, a billion-dollar win is a bellwether number,” said Michael Lawton, a research analyst for Nevada Gaming Control Board. In our state’s history, we’ve only hit $1 billion in April three times. The figures are incredible. The Strip is still lagging, but I’m optimistic that it’s on the right track.”

In April, casinos on the Las Vegas Strip made $483.4 million, a 0.3 percent increase over April 2019.

The Las Vegas Convention and Visitors Authority confirmed that visitors were down 27% in April 2019 compared to April 2018. Hotel occupancy was down 24%.

“As of June 1, 2021, no Nevada county will have any social distancing or occupancy restrictions that would apply to a gaming licensee,” said NGCB chair J. Brin Gibson. The Board also expects each licensee to fully comply with such changes if the status of COVID-19 spread changes in such a way that a county amends its Local Plan.”

 

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Nassima Azmzm

Nassima Azmzm

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