2011 Nevada Gaming Revenue Numbers Indicate Good News

February 10th, 20120 Comments »

The 2011 Nevada Gaming Revenue numbers have been released by the Nevada State Gaming Control Board and they indicate some much needed good news.

Here are the highlights:

  • Statewide Gaming revenue is up 2% for December 2011 as compared to December 2010 and annual gaming revenue increased by 2.8% over December 2010.  These numbers reflect a statewide slot win of 5.2% in December 2011, an increase of 1.4% over prior December.  For the year slot win was up 1.5%.  Table games increased 2.95% for December and 5.5% for the year.
  • The Las Vegas Strip total gaming win was up 3.6% in December and 5.1% year over year.  This is significant since it is the second annual increase.
  • Even Downtown Las Vegas had a small victory.  Although December total gaming revenue fell by nearly 11% with slot win down an unfortunate 13.7% for December, the year end figures reflect a modest increase of .67% for the year.

Coupled with the recently released LVCVA Tourism Indicators reflecting a  4.3% increase in visitor volume for the year, an 8.8% increase in convention attendance and the 10.7% increase in the average daily room rate, these figures and the 2011 Nevada Gaming Revenue figures are quite positive and hopefully indicative of a slowly recovering economy.
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About Chellie Cervone

A Las Vegas "native" by way of New York, I'm a professional blogger who favors all things Las Vegas and offers a unique, witty and sometimes controversial perspective. You can count on me to tell it like it is. Please visit my other sites Las Vegas World News and Celebrity Feast Connect with me on Google+ Chellies World on Google+

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