Good May May Chart Reports for Nevada Casinos and Tourism

LAS VEGAS (AP) — A trio of economic reports show May was a strong month for tourism and gambling in Nevada, including passenger traffic characterized as the third-busiest on record at the international airport. Harry Reid from Las Vegas.

The Nevada Gaming Control Board said Thursday that casinos across the state earned $1.3 billion last month, the fourth-highest all-time and the 15th consecutive month topping the $1 billion mark.

Michael Lawton, senior board analyst, said the numbers reported statewide and in Clark County, downtown Las Vegas and the Strip were the so-called “casino wins” highest ever recorded for the month of May.

Strip business benefited from events at T-Mobile Arena, the Electric Daisy Carnival music and entertainment festival at the Las Vegas Motor Speedway and an Eagles concert at the MGM Grand Garden Arena, Lawton said.

At the airport, spokesman Joe Rajchel said nearly 4.6 million arriving and departing passengers trailed monthly records set in October 2019 and May 2019 – before the coronavirus pandemic.

The number was boosted by almost 800,000 international travellers, up from around 50,000 a year ago, when almost all overseas flights were suspended due to the pandemic.

Lawton attributed a jump in casino baccarat play and winnings to returning international travelers.

The state collected nearly $92 million in taxes based on a May casino report. The figure is significant because casino taxes make up about 17% of state revenue, second only to sales taxes. Nevada has no personal income tax.

Tourist numbers were steady from April through May in southern Nevada, with about 3.4 million visitors, the Las Vegas Convention and Visitors Authority reported Thursday.

That was up almost 20% from May 2021, but down 6.6% from the same month in 2019.

Attendance at the convention topped 391,000, up dramatically from last year but still down nearly 25% from April 2019.

The average daily room rate in the approximately 152,000 hotel rooms in the Las Vegas area was nearly $176.

The authority released a report on Wednesday looking more broadly at local tourism trends in 2021, developed with local firm Applied Analysis. He called 2021 “a year of recovery for Southern Nevada’s tourism industry after a year of staggering impacts related to the COVID-19 pandemic.”

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