Nevada casinos retreat from December-January wins, 2024 Tremendous Bowl hype

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LAS VEGAS (KLAS) — Coming off their finest two months ever, Nevada casinos received $1.22 billion in February, in keeping with figures launched Monday by the Nevada Gaming Management Board.

It was an enormous step backward and the bottom statewide gaming win since August.

The shortest month usually brings decrease win totals, however comparisons had been amplified a yr after Las Vegas hosted Tremendous Bowl LVIII in 2024. A yr in the past, casinos throughout Nevada received $1.34 billion and the Las Vegas Strip accounted for greater than $800 million of that. This yr, the Strip introduced in simply over $690 million, a lower of almost 14%. Statewide, casinos received 9.3% lower than a yr in the past.

Baccarat tables introduced in $87.5 million on the Strip, a 51% drop from final yr’s ranges. Slot machines did not do a lot to offset that quantity, higher than February 2024 by lower than half a p.c.

December’s all-time mark of $1.46 billion and January’s second-best $1.44 billion had Nevada operating 1.5% forward of the tempo set over the earlier 12 months. However February erased that.

Clark County’s totals had been $202 million decrease than final month, with the Strip about $150 million decrease. Off-Strip casinos received $144 million, down about $26 million from final month however barely forward of February 2024.

Statistics launched Monday by the Las Vegas Conference and Guests Authority reported a lower of about 12% in customer quantity in Las Vegas, with lodge occupancy at simply over 80%. Tourism numbers had been down throughout the board.

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