LAS VEGAS (AP) – December was a traditionally dangerous month for Nevada casinos on the finish of a traditionally dangerous yr in a key measure of playing exercise, in line with a report Thursday from state on line casino regulators.
The state Gaming Management Board blamed the coronavirus pandemic after reporting that on line casino home earnings totaled $ 7.eight billion for 2020, down 34.6% from the earlier yr and the bottom for a calendar yr since 1997.
The determine the board calls the “on line casino win” was roughly $ 12 billion in 2019 and 2018.
December’s month-to-month whole of $ 683.7 million decreased 35.four% in comparison with the identical month in 2019.
Board analyst Michael Lawton stated December was the worst full month for playing in your entire state since August 1997, and the worst full month for the Las Vegas Strip since December 1993.
Lawton famous that enterprise final month was affected by the absence of main occasions, together with the annual Nationwide Finals Rodeo, which befell in Arlington, Texas, and the cancellation of New Yr’s Eve fireworks on the Las Vegas Strip. .
He stated that with state-enacted on line casino capability limits to restrict crowds and the unfold of COVID-19, the end-of-the-year end result “was sadly not an enormous shock.”