$1 billion gaming win streak extends to 12 months statewide; Strip win way up

Author: Live Casino Direct
 
$1 billion gaming win streak extends to 12 months statewide; Strip win way up
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Nevada has won $1 billion every month for the past year. The average room rate in Las Vegas is now $149.52 per night. Available rooms grew by 3.7% to 150,702 in February.

Nevada's gaming win is up 44.1% over last February. The state collected $58.9 million in February, which is a record-breaking amount. Since June 2021, the state has collected a total of $711.3 million. Clark County and the Las Vegas Strip saw big gains. South Lake Tahoe saw a drop in gaming revenue.

LVCVA released tourism numbers for February. There were 2.6 million visitors, up 69.9% on last year. February visitors were down 19% compared to 2019 levels. Hotel occupancy was at 69% in February 2022, compared with 27% higher in 2021. Convention attendance grew to 439,000, but it's still 41% below 2019.