Nevada gaming win passes $1bn for first time since Covid-19 pandemic

Nevada’s casinos saw their best month since 2013 in March, with a gaming win of more than $1bn.

US.- The Nevada Gaming Control Board has reported that Nevada’s casinos saw a total gaming win of $1.07bn in March.

It’s the first time casinos passed $1bn since Governor Steve Sisolak mandated the lockdown of casinos in March 2020 due to the Covid-19 pandemic.

It’s also the best result since 2013, which seems remarkable considering that casinos are still operating at 50 per cent capacity.

Las Vegas casinos were allowed to reopen in June 2020 at 25 per cent capacity. In mid-February, capacity was increased to 35 per cent and in March, to 50 per cent.

Sisolak has announced the capacity will be upped to 80 per cent in May, with casinso likely to return to full capacity by the start of June.

The last time Las Vegas casinos saw a gaming win of over $1bn in a month was in February 2020, just before the pandemic hit. On that occasion, casinos raked in $1.01bn, – $50m less than in last month.

According to Las Vegas Review Journal, March’s numbers represented the best month for operators since February 2013 when they took $1.07bn.

The state government collected $96.7m in taxes on March’s gaming revenue, representing 160.5 per cent growth from a year ago.