Las Vegas Casino Revenue Drops Almost 40 Pct PYMNTS.com

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Las Vegas and Nevada casinos were bustling in September 2019. (Image: Getty) Gross gaming revenue (GGR) totaled $1.059 billion, the state’s all-time best mark for the month of September. This statistic shows the casino revenue of Las Vegas Sands worldwide from 2009 to 2019, by property. ... Gross gaming revenue of casinos in the U.S. 2019, by state. Economy. As a sign that Las Vegas is grappling with bringing customers back, casino revenue on the Strip plunged nearly 40 percent to just over $330 million in July. Operations in Las Vegas proved to be a major cause for these declines. The company’s revenue in Las Vegas fell by 66%. Over in Macau, MGM Resorts saw a 58% decline. The other casinos owned by MGM around the US saw a drop of 34% when compared to the same months in 2019. According to VegasOnlineCasino.com, the Nevada Gaming Control Board revealed that casinos in the town generated $24.54 billion in revenue last year. (RELATED: David Hookstead Is The True King In The North When It Comes To College Football). Gaming led the way at $8.75 billion, food and booze generated about $5 billion and hotel rooms generated about $6.44 billion. LAS VEGAS – More people will soon be allowed to gamble in The Strip's casinos. Nevada Gov. Steve Sisolak has announced he's rolling back COVID-19 restrictions set in November that limited casino ... Casino revenue on the Las Vegas Strip fell 39% to $330.1 million in July from a year ago, the first full month properties were open after the coronavirus shutdown, showing the city is struggling ... Casinos on the Las Vegas Strip won just shy of $354.7 million in September. That was more than 39 percent year-over-decline. It marked the seventh consecutive monthly revenue loss, as COVID-19 ... Casino revenue in Las Vegas fell 38 percent compared with the same period the year prior. Occupancy rates in town were 38 percent in the quarter compared with 89 percent in the fourth quarter of ... For the three-month period, net revenues declined by 66% in Las Vegas, by 58% in Macau and by 34% at the company's other U.S. casinos. In Las Vegas, a lack of demand for midweek hotel stays, rooms ...

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