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Cloud nine: Nevada reports 9 successive months with $1bn+ GGR

Nevada casinos have reported $1.32bn in statewide winnings for November. This is the ninth consecutive month of $1bn or more in house winnings.

Nevada

Nevada collected almost $93.6m in tax revenue based on the month’s figures, according to the Nevada Gaming Control Board.

October’s winnings were $1.22bn and the all-time record of $1.36bn was set in July.

Board Senior Analyst Michael Lawton said these nine months have broken the previous record of eight straight months set before the Great Recession, from October 2006 to May 2007.

He added: “The continued acceptance of mobile sports wagering by customers is driving these results. This month represented the highest monthly total recorded in mobile (bets) since the board began tracking these wagers in January 2020.”

November was a month full of events, including the automobile-oriented Specialty Equipment Market Association trade show, a Rolling Stones concert at Allegiant Stadium, boxing at the MGM Grand Arena and two Las Vegas Raiders home games.

In addition to the return of international visitors, those events caused boons in business.

Harry Reid International Airport reported passenger traffic had almost ramped up to pre-Covid lockdown levels.

The airport handled around four million arriving and departing passengers for November, down only 4% from the same month of 2019.

The Las Vegas Convention and Visitors Authority reported 3.1 million visitors for November, down 8% compared to October.

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