US – Nevada’s casinos follow up best ever year with best ever January
Monday 06 de March 2023 / 12:00
2 minutos de lectura
(Las Vegas).- Records continue to be broken by Nevada’s casinos, who following a record-breaking revenue year in 2022, have just generated the highest ever revenue for the month of January.
Statewide GGR came in at $1.27bn, marking an 18 percent increase from a year ago, leading to the 23rd consecutive month of $1bn plus revenues in Nevada.
Casinos on the Strip generated GGR of $713.2m, up 25.7 per cent from January last year, although that month saw reduced visitation due to the emergence of the Omicron strain. Revenue from baccarat on the Strip came in at was $89.9m, up 38.7 per cent from last year. Slot revenue on the Strip increased 24.1 per cent to $388.6m. Nevada’s sportsbooks produced revenue of $50m, an increase of one per cent from a year ago despite betting being down by 15.6 per cent.
Nevada Control Board senior economic analyst Michael Lawton said: “January and February of 2022 represent the softest comparisons the Strip will be facing for the rest of the year. Trade shows returned to the Las Vegas Convention Center in January with much higher anticipated attendance this year compared to last year.”
J.P. Morgan gaming analyst Joe Greff said Strip casino operators predicted strong January totals during “very upbeat commentary detailed on recent fourth-quarter earnings conference calls.”
Off the Strip, revenues increased by 9.4 per cent in January with the locals markets generating $273.1m, up 15.2 per cent higher than a year ago.
Sparks saw an increase of 16.7 per cent to $14.2m due to the August opening of Legends Bay Casino. South Lake Tahoe casino revenue was up 1.8 percent to $17.4m. Washoe County was down 12.9 per cent to $64.7m, with Reno also down with a 19.3 per cent decline to $42.1m.
Visitation to Las Vegas in January was just under 3.3m with the Las Vegas Convention and Visitors Authority saying an increase of 32.3 per cent from January 2022, due to conventions such as CES, World of Concrete and the SHOT show.
Categoría:Casino
Tags: Sin tags
País: United States
Región: North America
Event
Peru Gaming Show 2025
18 de June 2025
Innovation, networking and opportunities: Belatra Games reviews its successful participation at Peru Gaming Show 2025
(Cyprus).- Belatra Games is satisfied with its participation PGS 2025. They achieved new connections, upgraded ideas, and left the show with even stronger intentions to provide quality entertainment on the highest level.
Monday 23 Jun 2025 / 12:00
Successful closing of Peru Gaming Show 2025
(Lima, SoloAzar Exclusive).- With a great attendance and an agenda full of innovation, the 2025 edition of Peru Gaming Show (PGS), one of the most relevant events of the gaming industry in Latin America, came to a successful conclusion.
Friday 20 Jun 2025 / 12:00
PGS 2025: The Future of Gaming in Latin America is Discussed Today in Lima
(Lima, SoloAzar Exclusive).- The second day of Peru Gaming Show 2025 is packed with innovation, networking, and strategic analysis. With 87 exhibitors, keynote addresses, and business opportunities, today's discussion focuses on challenges in marketing, regulation, and the evolution of online gaming. Learn more in this article.
Thursday 19 Jun 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.