Still, Lawton said statewide gaming revenue figures continued to exceed pre-pandemic totals. November was just the second time in the last 21 months that statewide gaming revenue showed a decline, with the previous dip taking place in July. Lawton said the gaming revenue figures collected a year ago were the third-highest single-month totals on record for the state and Strip. Strip casinos collected 11.3 percent less than the $755 million collected in November 2021.
The state’s overall total was a 7.6 percent drop from more than $1.3 billion at that time last year. However, nearly every reporting market in the state recorded significant declines compared to November 2021. November marked the 21st consecutive month that Nevada casinos topped $1 billion or more in gaming revenue. “Overall, Strip fundamentals remained consistent,” Wells Fargo Securities gaming analyst Daniel Politzer wrote in a research note.
