Nevada casinos generate record $1.23bn win in May
Nevada casinos reported $1.23bn in May win, a new single-month record.
May win shattered the state’s previous record of $1.17bn set in October 2007. Nevada collected $107m in May percentage fees from taxable revenues.
Clark County casinos were responsible for $1.05bn of the monthly win with $655m of that total going to Las Vegas Strip resorts. Las Vegas up 27% from May 2019, the last comparable year. Downtown casinos won an additional $75.2m.
The Las Vegas Convention and Visitors Authority said 2.9m people visited Las Vegas in May, up 12% from April. Hotel room occupancy was 71% including 88% weekend occupancy.
Several Las Vegas resorts returned to full capacity in May in accordance with Nevada Gaming Control Board policy that said operators could fully reopen if 80% or more employees received their Covid-19 vaccination.
In Washoe County, home to Reno, win reached $91.9m, a 23% increase from May 2019.
Statewide, slots set a single-month record in win by generating $841m, up 5.9% from April. Demand for table games skyrocketed in May with win totaling $389m for a month-on-month increase of 58%.
Nevada sportsbooks saw May handle of $478m, an increase of 4.3% from April. Revenue was $27.1m, basically even with the month prior.
Mobile accounted for $298m of the month’s handle, on par with April. Retail sportsbooks saw a tremendous increase in wagers, taking in $180m for an 11.8% improvement from April.
Tags/Keywords
Players trust our reporting due to our commitment to unbiased and professional evaluations of the iGaming sector. We track hundreds of platforms and industry updates daily to ensure our news feed and leaderboards reflect the most recent market shifts. With nearly two decades of experience within iGaming, our team provides a wealth of expert knowledge. This long-standing expertise enables us to deliver thorough, reliable news and guidance to our readers.
Latest News
