Nevada reports May casino gaming Rev $1.39B, +7.4% y/y, Las Vegas strip Rev $808M, +13.2% y/y
(US) Nevada reports May casino gaming Rev $1.39B, +7.4% y/y, Las Vegas strip Rev $808M, +13.2% y/y
Story updates
02:01:11 PM UTC
SQUAWKNEWS
Context: Strong acceleration from April’s +6.58% to $689.4 million. This is positive for Strip-exposed casino operators and appears better than recent soft-tourism concerns, as April visitor volume was reportedly still down 1.8% even while gaming revenue grew.
Context: Strong acceleration from April’s +6.58% to $689.4 million.
This is positive for Strip-exposed casino operators and appears better than recent soft-tourism concerns, as April visitor volume was reportedly still down 1.8% even while gaming revenue grew.