International edition
June 24, 2021

On the Strip, gaming revenues were us$ 449.6 million

Nevada gaming revenue declines 9.3 %

(US).- Nevada recorded its 20th straight decline in statewide gaming revenues during August, confirming casino insider predictions of a dismal summer month. Casinos collected us$ 847 million from gamblers during the month, a 9.3 % decline compared with us$ 934.1 million won in August 2008, according to the Gaming Control Board.

O

n the Strip, gaming revenues were us$ 449.6 million, a 9 % decline compared with us$ 494 million collected a year ago. All but two areas of Clark County reported revenue declines, from a low of 3.8 % downtown to a high of 21.5 % in Mesquite.

North Las Vegas, fueled by the November opening of Aliante Station, reported gaming revenues of us$ 22.1 million, a 21.9 % increase compared with us$ 18.1 million a year ago.
The Boulder Strip, which includes Henderson, saw a boost from the March opening of M Resort.

Gaming revenues in August were us$ 63.4 million, a 21.5 % increase compared with us$ 52.2 million in August 2008. In recent comments to investors, gaming analysts said declining hotel room rates and travel specials were not going to be enough to make August a rebound month.

Morgan Joseph gaming analyst Justin Sebastiano said last week Nevada "posted surprisingly poor numbers in August and September trends have not really improved." Gaming taxes collected based on the August gaming revenues were us$ 49.7 million, a decrease of 9 % compared with us$ 54.6 million collected a year ago.

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