Nevada Casinos Set All-Time Gaming Revenue Record, 2021 Win Tops $13.4B

Nevada casinos are invigorated away their topper year of all time inwards terms of gaming revenue. The NV Gaming Control Board revealed today that 2021 receipts gaming revenue (GGR) totaled to a greater extent than $13.42 billion.

That identification number is nearly 71 percent year-over-year increment and a IX percent premium on pre-pandemic 2019. Nevada’s previous put down gaming yr came in 2007 when say casinos won more or less $12.85 1000000000000 off of their gamblers.

The 2021 tape gaming year was capped off inwards December, with casinos winning more than $1 1000000000 for an unprecedented 10th serial month. GGR totaled $1.15 one thousand million inward the net month of the year, a 68 percent upsurge inwards December 2020.

The gaming momentum was mat up crosswise the cassino floor. Compared with 2020, slot revenue jumped 70.6 percent, and table games 70.7 percent. Slots were responsible last-place year for almost 70 percent of the $13.4 billion.

Revenue Rebound

Nevada casinos welcomed rearward gamblers inwards 2021 following 2 years of COVID-19. Though some amenities remained shut or modified in their operation, casino floors were bustling throughout — and gamblers were ready to bet.

Over $129.4 billion was coined into one-armed bandit machines shoemaker's last year across the state. Sir Thomas More than $31 billion was plopped mastered on tabular array games.

The expansion slot terminals kept 7.1 percent of the coin-in for GGR of roughly $9.23 billion. Table games reported a win rate of 13.5 percent for or so $4.19 billion. Sports revenue is grouped in with table games income.

Visitors returned inwards bunches endure yr to Southern Nevada. Harry Reid International reported this week that the airdrome facilitated 39.7 billion passengers inwards 2021, an increase of 17 trillion travelers from 2020.

Las Vegas remains strong,” said Rosemary Vassiliadis, theatre director of William Clark County Aviation. “From sports stadium concerts to high-stakes sporting events, 2021 was a line up dry run for what LAS and the community of interests canful wait as Las Vegas solidifies its view as the premier amusement destination.”

Domestic move around was often to a greater extent robust lowest year than inwards 2020 because of the rollout of COVID-19 vaccines. However, Las Vegas noneffervescent has a way of life to lead to takings to pre-pandemic conditions. Harry Reid International, and so known as McCarran, facilitated 51.5 jillion passengers inward 2019.

Inflation Downer

Nevada casinos just experient their topper year ever… or did they? Inflation is rising at rates not experient in decades.

The US Bureau of Labor Statistics reported before this month that consumer prices rosebush vii percent inward December. That’s the largest terms increment since 1982.

Inflation has turn a major emerge cladding the US retrieval and President Joe Biden’s administration. While 2021 was a banner yr for the Sagebrush State gaming industry, it’s worth comparing the buying powerfulness of a clam in 2021, compared with the previous record GGR year set in 2007.

The $12.85 billion Silver State casinos kept from gamblers in 2007 is the tantamount(p) of $17.28 1000000000000 inwards 2021 dollars.