Strip, downtown casinos propel Nevada’s 15th straight billion-dollar revenue month
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.
Strip casinos propel Nevada’s 15th straight billion-dollar revenue month. Downtown Las Vegas was the only market in Southern Nevada other than the Strip which saw a year-over-year gaming revenue increase. In May, Clark County collected $1.13 billion in gaming revenues. Northern Nevada casinos had a down month, with Washoe County's revenue 4.8 percent below May 2021. South Lake Tahoe's gaming income fell 13.4 percent to $17.5 million.
May was Nevada's 15th straight billion-dollar revenue month. Las Vegas saw more than 3.4 million visitors in May, but the figure was 7 percent shy of pre-pandemic May 2019. The total helped increase room occupancy to 82.6 percent, 11.7 percentage points ahead of May 2021.
Nevada's sportsbooks collected $27 million in revenue, a decrease of less than 1 percent compared to May 2021. Mobile sports wagers continued to dominate the market, taking in $561.6 million.
Harry Reid International Airport had its third-busiest month ever in May with 4.57 million passengers. For the first five months of 2022, Reid Airport has seen almost 19.6 million travelers. International passenger volume topped 240,199 travelers, the airport's largest figure in 26 months.