PlayToday.co
  • Home
  • Reviews
  • Resources
    • Infographics
    • Stats & Facts
    • Guides
  • News
  • About Us
  • Contact Us
PlayToday.co
  • Home
  • Reviews
  • Resources
    • Infographics
    • Stats & Facts
    • Guides
  • News
  • About Us
  • Contact Us

Las Vegas Sets a Gambling Revenue Record in July -$794m

  • Last Update: September 7, 2021
  • 2 minute read
Las Vegas Sets a Gambling Revenue Record in July -$794m

Las Vegas’ recovery reached another milestone in July. The Strip Casinos recorded $793.7 million in revenue, the highest ever for a single month, up by 140.5% from July 2020.

Downtown casinos added $71.2 million, up by 70.7% from last year. Clark County, where Las Vegas is located, collected $1.16 billion, up by 89.7%. July marked the second month where the county surpassed the billion mark. 

In addition, the state of Nevada marked the fifth month in a row with gambling revenue over a billion, with $1.36 billion collected in July, up by 80% compared to July the year before. In the entire 2020, the state took in $7.87 billion, which will be surpassed soon.

For Las Vegas, multiple factors contributed to July’s record-breaking revenue. Last year, a few hotels and resorts were not open, including Circa, Virgin Hotels and Resorts World Las Vegas (which collected $30–$40 million alone). 

In addition, many events were organized, including Cirque du Soleil, Garth Brooks’ concert at Allegiant Stadium, and UFC 264 between Connor McGregor and Dustin Portier. 

After all, data shows that only 7% of Vegas’ visitors come for the gambling, the rest come for entertainment. 

Another factor that helped was the fact that July had five weekends, and with the soccer game between the US and Mexico on August 1st, the last weekend brought in huge crowds. 

Furthermore, several records were broken in July, including:

  • The slot machine win for the month was $873.7 million, the highest ever. Players put $12.2 billion into the slot machines, the second-highest ever.
  • The casino slot win was $459.6 million, beating June by almost $100 million.
  • The coin-in volume of $4.8 billion beat the previous record, set in March 2007.
  • Sportsbooks set records for both wins, with $33.3, million and volume, with $409.9 million wagered.

Las Vegas visitors were up by 130% compared to July 2020. The numbers have still not reached those of 2019s, but they are recovering steadily. July 2021 was down 10.4% from 2019. 

So far, August is not on pace with July, primarily due to the Delta Covid-19 variant and schools starting, but that could all change.

Share
Tweet
Share
Chavdar Vasilev

After earning his business administration degree in Miami, Florida, Chavdar spent years managing multi-million-dollar eateries. He enjoys writing user guides and training materials, as well as leading new projects. In his spare time, Chavdar loves researching and reading about sports (especially soccer), fitness, health, and travel. Discovering new cultures and people is a personal passion. One day, he hopes to visit all the countries in the world and write about it.

You May Also Like
Blackjack Hands featured image playtoday
View Post

Blackjack Hands: What You Need To Know Before Laying Down Your Strategy

  • Last Update: August 9, 2022
bitcoin gambling featured image playtoday
View Post

Bitcoin Gambling Guide: How to Gamble With BTC

  • Last Update: August 9, 2022
what is a derby featured image playtoday
View Post

Soccer History: What Is a Derby?

  • Last Update: August 2, 2022
tiki-taka featured image playtoday
View Post

Tiki-Taka: Barcelona’s Version of Total Football

  • Last Update: August 3, 2022
Gaming Chairs and Computers
View Post

The Biggest Esports Teams in the World (2022)

  • Last Update: August 2, 2022
baseball terms featured image playtoday
View Post

Baseball Terms: Full Glossary for Beginners

  • Last Update: August 2, 2022

Leave a Reply Cancel reply

You must be logged in to post a comment.

Latest Posts
  • Blackjack Hands featured image playtoday
    Blackjack Hands: What You Need To Know Before Laying Down Your Strategy
    • Last Update: August 9, 2022
  • bitcoin gambling featured image playtoday
    Bitcoin Gambling Guide: How to Gamble With BTC
    • Last Update: August 9, 2022
  • what is a derby featured image playtoday
    Soccer History: What Is a Derby?
    • Last Update: August 2, 2022
  • tiki-taka featured image playtoday
    Tiki-Taka: Barcelona’s Version of Total Football
    • Last Update: August 3, 2022
  • Gaming Chairs and Computers
    The Biggest Esports Teams in the World (2022)
    • Last Update: August 2, 2022
Keep in Touch
PlayToday.co
  • About Us
  • Contact Us
  • Affiliate Disclosure
  • Privacy & Cookie Policy
  • Terms of Use
©2022 PlayToday.co – All Rights Reserved.
bga 18+

Input your search keywords and press Enter.