Page 2 - Boulder Strip News Today

Formula One fans helped Strip casinos produce their second-highest single-month gaming revenue total during November.

The question for gaming win now becomes how long will records stand, with Formula One-enhanced November and new resorts Durango and Fontainebleau openings on the horizon.

Casino revenues keep going up in Nevada. Gaming operators reported a nearly 3% increase in wins over last year.

Nevada casinos won $1.3 billion from gamblers in October, the sixth-highest month in state history. And casinos appear to be on the verge of posting even higher numbers in the months ahead.

Penn Entertainment, the parent company of M Resort in Henderson, announced a $206 million expansion a year ago. It hasn't happened.

The Nevada Gaming Control Board (NGCB) released the state’s September gaming revenue. Its record indicates that Las Vegas casino operators raked in more money than in August.

High-end baccarat play on the Strip boosted Nevada's gaming revenue total in September as every major reporting market showed a monthly decline.

While several Southern Nevada gaming submarkets showed declines from a year ago, the Strip gaming win continued to churn by collecting $741.2M from gamblers.

Nevada casinos won $1.2 billion in August, about the same as August 2022 but down nearly 14% from a record haul in July.

But it’s going to be harder and harder for Nevada properties to keep pace with what have been extraordinary gains since 2019.