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Nevada Reports 10th Consecutive Month of Gaming Revenue Over $1 Billion

By on January 28, 2022 0

Nevada unrestricted gaming licensees reported total gaming revenue of $1.15 billion for December 2021, the state’s tenth consecutive month of more than $1 billion in gaming revenue.

The figure, released by the Nevada Gaming Control Board, is a 68% increase over the prior year period. Gambling payout for the fiscal year – July 1, 2021 to December 31, 2021 – increased by 60%.

The $1.15 billion figure brings the state’s total revenue for 2021 to $13.4 billion. This total exceeds the all-time high of $12.8 billion set in 2007. It is also 12% higher than the $12 billion set in 2019 before the pandemic and 72% higher than the $7.8 billion recorded in 2020, when the casinos had been closed. for more than two months because of the Covid.

Clark County accounted for $998.4 million of a total of $1.15 billion, an increase of 79% from December 2020. And in the county, Las Vegas Strip revenue increased by 123 % year-on-year to reach $650.7 million. Downtown and North Las Vegas rose 62% and 26% to $73.8 million and $23.9 million, respectively. Laughlin rose 13% to $29.9 million, with Boulder Strip ($69.3 million) and Mesquite ($14.2 million) rising 12% and 26%, respectively.

Washoe County meanwhile accounted for $76.5 million of total revenue, up 21% year-over-year. Reno was its biggest hit with $55.6 million in revenue, a 26% increase from December 2020. Sparks (11%) and North Lake Tahoe (43%) reported totals of $12.1 million dollars and 2 million dollars respectively.

South Lake Tahoe’s revenue was $18.5 million, an increase of 19% over the prior year period. Elko County and the Carson Valley area meanwhile rose 18% and 20% respectively to $27.6 million and $11 million respectively.

Table, counter and card games accounted for $363.9 million of the total figure, with slots accounting for the remaining $786.2 million.