Nevada’s casinos continue to recover after posting two consecutive months of massive gains
By Bob Garcia
Silver State casinos have topped $1 billion in each of the last two months
More and more health measures are being reduced as the COVID-19 vaccination process progresses. This has led to many people beginning to be able to leave their homes freely and return to a routine with some sense of normalcy. It is no secret that Nevada’s casinos are benefiting greatly and their revenue numbers have proven it for the second month in a row.
People loyal to gambling were eagerly waiting to get back to the casinos and April was a month that paid off in a big way because of this. According to a report released by the Nevada Gaming Control Board yesterday, the state’s casinos won $1.039 billion from gamblers, with $865.5 million coming from Clark County, home of Las Vegas. $483.4 million came from the Vegas Strip, and $76.2 million from downtown Las Vegas. Both March and April bring statewide revenues of more than $1 billion and this could be the indication of a quite successful and flourishing future for the casino industry in the quintessential state.
April’s results were a 28,256% increase over April 2020, which really isn’t a telling statistic since casinos were closed during that time last year. From March through June 2020, casino operations in Nevada were completely suspended, but it was through mobile sports betting and interactive poker that they were able to stay afloat during the suspension, earning just under $4 million. Several experts have said that the Strip, in particular, has been mostly affected due to the lack of international travel, which makes sense since that is where Sin City’s tourist population is primarily centered.
It is hoped that the pandemic will continue to fade little by little and that the casinos in Las Vegas and Nevada, in general, will be able to get back to that great vibe that has always characterized them. There is hope for a significant return over the summer, which could help Nevada recover quicker than had been previously expected.