2024.07.17
caesar casino restaurantThe Las Vegas Strip continues to drag down Nevada’s gaming industry — the richest in the country — amid a steep downturn in visitors and ongoing COVID-19 regulations. (Image: Las Vegas Magazine)The Nevada Gaming Control Board reports gross gaming revenue (GGR) on the Strip last month totaled 9.8 million. Though GGR from slot machines fell 11 percent to .5 million, table game win climbed 25 percent to million.But the roughly two percent year-over-year gaming win improvement was predominantly led by a massive surge in sports betting. nearest casino to charlotte ncThe property has lured locals and visitors alike downtown, and it’s paying off in terms of GGR.Downtown casinos kept million of gamblers’ money last month, an almost two percent premium on November 2019. That’s a 32.5 percent reduction from November 2019.The Strip’s November performance is also a setback from October. That’s when the main drag showed signs of life by posting its highest monthly revenue mark (5 million) since Nevada Gov. big fish casino lawsuit free slots buffalotripadvisor soaring eagle casinoThe Las Vegas Convention and Visitors Authority will release November’s figures later today.The Strip’s struggles weighed heavily on the rest of Nevada’s gaming industry. Oddsmakers also fared better, their hold percentage jumping from 4.4 percent in November 2019, to 7.5 percent last month.Sports SurgeDowntown wasn’t the only place where sports betting helped offset some of the losses incurred by reduced slot and table game play. Nevada oddsmakers took in roughly 7 million in bets, and reported a hold rate of a little more than 10 percent to win .8 million.Football dominated the month, with bets on NFL and college games generating 2 mikansas star casino america concertllion in wagers. doubledown casino iosThough GGR from slot machines fell 11 percent to .5 million, table game win climbed 25 percent to million.But the roughly two percent year-over-year gaming win improvement was predominantly led by a massive surge in sports betting. The Las Vegas Convention and Visitors Authority will release November’s figures later today.The Strip’s struggles weighed heavily on the rest of Nevada’s gaming industry. The Las Vegas Strip continues to drag down Nevada’s gaming industry — the richest in the country — amid a steep downturn in visitors and ongoing COVID-19 regulations. real money online casino kansas super free slot games 125 free spinstable roulette casino achatBettors wagered .7 million, a more than 33 percent increase from last year. That’s when the main drag showed signs of life by posting its highest monthly revenue mark (5 million) since Nevada Gov. The house won 11 percent of the time to keep million of the action.Nevada’s sports betting handle of 7 million is a far cry from New Jersey’s 1.6 million record handle month it posted in November.Nevada is home to more residents this year than it was in 2019. Steve Sisolak (D) ordered all state gaming operations to halt in mid-March.Of the 20 metered markets in the November GGR report, the Strip posted the largest year-over-year percentage decline.The Strip relies on tourism and the convention business, which is nearly nonexistent at the moment. large and those of low and moderate income in particular,” the CRDA explained. chumba casino debit card resorts casino room service |