#Politzer

Stocks of casino operators with exposure to Macau have rallied recently. Maca granted new licenses to six casino companies in late 2022 for a period of ten years. Some analysts expect demand in Las Vegas to be strong, while others remain cautious due to a tough macro backdrop. Melco, MGM Resorts and Las Las Vegas Sands are compared to each other to choose the most attractive casino stock.

Nevada could shatter last year's gaming revenue totals in just 11 months. October marked the 20th straight month of $1 billion or more in state gaming revenues. The state and the Strip have already surpassed the full-year pre-pandemic gaming Revenue totals recorded in 2019. U.S. gaming income has increased almost 15 percent in the first nine months of 2022 compared to a year ago. North Lake Tahoe saw gaming money decline compared with a previous year. Las Vegas Strip gaming is on a positive trend.

Nevada casinos collected almost $1.25 billion in gaming revenue during September. Las Vegas Strip casinos recorded nearly $693 million in September gaming revenues. The state’s gaming industry is on track to shatter 2021”s single-year total of $13.4 billion. The Strip accounts for more than 55 percent of the state's overall gaming Revenue. Caesars Entertainment, MGM Resorts International and Wynn Resort will report their quarterly earnings next week. Clark County collected more $1000 million for the 12th time in the last 19 months.

Nevada casinos fell $4 million short of tying the state’s single-month gaming revenue record during March. Las Vegas Strip casinos recorded their third-highest revenue month of all time. Last year, Nevada casinos collected a record $13.4 billion in gaming revenues.  Clark County”s gaming Revenue of almost $1.2 billion was a single month record. Downtown Las Las. Vegas and the balance of Clark County also recorded singlemonth records. $901.3 million in slot machines produced by slot machine statewide was an all-time record and a 16.8 percent increase compared with March 2021.

Aristocrat Gaming has exclusive rights to use the logos of 32 NFL teams on slot machines in casinos worldwide. The company has a prototype of the NFL-themed slot machine under wraps. Analysts believe 2023 could be a good year for slotmachine companies. The three major providers account for 73 percent of international slot Machine Market. They are Aristocrat, Light & Wonder and International Game Technology. It's a weekly newsletter that looks at gaming matters nationally and internationally. This week's topic is events in Nevada. iReport.com.

Nevada gaming revenue is up 3.5 percent from a year ago. Strip casinos are 25 percent ahead of 2021’s record $7 billion in gaming revenues. Laughlin and Boulder Strip saw declines in August. The control board”s top research analyst predicts last year s revenue totals will be exceeded. It's the 18th straight month of $1 billion or more in gambling revenue. The 11th time in the last 18 months the market has topped that figure. Several special events, including concerts at Strip resorts and sporting events at Allegiant Stadium and T-Mobile Arena, spurred visitation and gaming play.

Nevada gaming venues posted $1.3 billion in gaming revenue for May. The Las Vegas Strip posted its highest-ever revenue of $731.5 million. Downtown Las Las Vegans posted a win of nearly $78.9 million, up more than 5%. Table, counter and card games win for the month was up 10% Y-o-Y to $430 million and slot machine win was at $870.1 million with a 7% win percentage. Online sportsbooks took in $397.6 million in bets, with revenue up by almost 24% to almost $16.4 million from May 2021.

Strip casinos reported $731.5 million in gaming revenue for May. It's the market's highest-ever total for the month. May is Nevada's 15th straight month of $1 billion or more in gambling winnings. The state's $3 billion in total gaming revenues was 5.7 percent higher than the $2.23 billion recorded in May 2021. Special events, including the Canelo Alvarez-Dmitry Bivol championship boxing match, the Electric Daisy Carnival and two high-profile concerts – Pearl Jam and the Eagles – drove large crowds to the Strip.

Nevada casinos recorded their third-highest revenue month of all time in March. Las Vegas Strip casinos had a 48.8% increase over March 2021. The March figure was a 26. 8% rise over the previous month. Last year, Nevada casinos collected a record $13.4 billion in gaming revenue. The opening weekend of the March Madness men’s and women”s NCAA basketball tournaments were also a factor in the gaming totals. In March, $901.3 million in slot machines statewide was an all-time record.

Analyst predicts that high-profile events tied to the NFL will boost visitation in the first half of the year. Daniel Politzer predicts a 20 percent increase in Las Vegas Strip gaming revenues in 2022. Politzki's predictions come as Strip casinos and the overall Nevada gaming market are setting record revenue totals through 2021’s first 11 months. December”s numbers are expected to be released at the end of January. Nevada casinos have recorded through November their third-highest gaming revenue year, $12.3 billion. following 2020, when the pandemic sent the state s gaming numbers to their lowest totals since the 1990s.

Nevada casinos have recorded their third-highest gaming revenue year. November's gaming revenues were 41 percent higher than in 2019. Las Vegas Strip casinos collected more than $755 million in gaming Revenue during November. American Gaming Association says commercial casinos nationwide had all but equaled through October their 2019 full-year record of $43.65 billion in gambling revenues. The numbers have defied the forecasts of analysts and gaming industry observers. They predicted the state would have a slow recovery following months of pandemic-related shutdowns and operating restrictions.

Caesars Entertainment and MGM Resorts International want to sell their high-profile Las Vegas Strip resorts. The industry has seen more than $30 billion in mergers and acquisitions in the last 10 months. Many companies want the sale proceeds to pay down long-term debt. The gaming industry’s COVID-19 closures and subsequent operating restrictions have also played a role. Four of the five deals this year covering Strip properties involve real estate investment trusts and sale-leaseback agreements. VICI Properties” $17.2 billion pending acquisition of rival REIT MGM Growth Properties includes eight MGM-managed regional casinos in seven states and eight Strip developments.

Nevada's gaming revenues topped $1.165 billion in August. It's the sixth straight month of $1000 billion or more in gaming revenue. Las Vegas casinos saw $625 million less than July. Downtown Las Angeles casinos had $64.2 million more than last year. Nevada collected $74.1 million in percentage fees. The post-pandemic scenario has favored Nevada's casinos, showrooms and other entertainment venues. The state is on track to reach the $12 billion annual revenue figure before 2020. Special events and the return of special events pushed the winnings to nearly 8% above year-to-date figures for 2019.

The Station Casinos is a talking point for politicians. Vice President Kamala Harris visited the Culinary Workers Local 226 in November 2019. She was there to talk about Station's treatment of its workers. Joe Biden visited them a month later. The union did not endorse the presidential candidates. It did endorse a collective bargaining agreement for its members. The dispute started in 1993. In 2008, the MGM Grand Las Vegas opened. There is still a long-standing labor dispute between Station and Red Rock Resorts. They are trying to resolve it.