By Howard Stutz/The Nevada Independent
Executives from Boyd Gaming and Red Rock Resorts painted an upbeat picture last week of the Las Vegas locals casino market that is exceeding the pre-pandemic revenue levels from 2019.
The Gaming Control Board confirmed those statistics.
Casinos operating in unincorporated areas of Clark County, along the Boulder Highway, Henderson and North Las Vegas – which cater to customers from nearby neighborhoods and communities – reported combined gaming revenues of more than $1.4 billion for the first six months of 2021, or 16.6 percent higher than the figures recorded in the same six months of 2019. Analysts and others have used 2019 as a baseline for gaming revenue statistics, as 2020 numbers were skewed by COVID-19 pandemic shutdowns, operating restrictions and capacity limitations.
In June alone, total gaming revenues for those locations hit a combined $269.8 million, a single-month record and 42.9 percent higher than June 2019.
Control Board Senior Research Analyst Michael Lawton said the locals market produced single-month gaming revenue records in March and May.
Given that gaming revenues from Strip casinos are down 11.3 percent through June, research analysts took note of the region.
To read the rest of this article, click here.
