The Las Vegas Strip is slowly awakening after nearly 80 days̵
LAS VEGAS – For two consecutive months, the arrest of COVID-19 devastated the entrances of the Nevada casino.
Nevada Gaming Control Board data released Tuesday revealed that some gambling markets have even paid more than they have collected.
Here is a look at the dollars and cents of what happened when the pandemic stopped Nevada’s central economic engine for a whole month.
Revenues remain devastated
The total silver medal payout of $ 5.8 million in May 2020 represents an annual decrease of 99.41%.
This is an improvement after an April that generated $ 3.6 million, but last month’s total is very different from last May, when casinos grossed $ 981,766,859.
Las Vegas casinos raised $ 3,769,618, a 99.27% dip from last year’s $ 517,347,625.
Other parts of the state have gone worse.
Reno casinos paid $ 84,460. Last May, they won $ 55,115,773.
Throughout the year, Nevada gambling revenue declined 45.2% across the state and 44.8% on the Las Vegas Strip.
But if the casinos were closed for the whole month, where did the revenue come from?
“Mobile sports betting and interactive poker,” said Nevada Gaming Control analyst Michael Lawton.
Here is a look at the whole state:
The visit to Las Vegas precipitates
Visitor volume plummeted 95.5% year-on-year in May, according to data released Tuesday by the Las Vegas Convention and the Visitors Authority.
In May 2019, 3.7 million people visited Las Vegas. 151,300 arrived this May.
The closure of the coronavirus casino is ending, with cards to be dealt, dice to be thrown and jackpot slots to win starting Thursday in Las Vegas and all over Nevada. (June 4th)
Total occupancy of Las Vegas’ 148,755 available rooms dropped from 91 percent to just 2.8 percent, down 88 percent.
The average daily room rate has dropped from $ 140.52 to $ 60.70 year on year.
Revenue per available room decreased from $ 127.59 to $ 1.70.
As in April, May did not attend a measurable attendance at the convention.
An empty Las Vegas airport
Air traffic in May at McCarran international airport dropped 91.5% year-on-year.
Passenger volume totaled just 391,712, according to data released by the airport on Monday.
This is an increase compared to 152,716 passengers counted in April, but not close to last May, when 4,584,506 passengers flew through southern Nevada airport.
Allegiant Air Airbus A319 departs from Las Vegas McCarran International Airport. (Photo: David Becker / Associated Press)
The volume of domestic flights fell 90.7%, while the volume of international flights fell 100%, from 337.182 in May 2019 to zero passengers this May.
Nevada casinos reopened on June 4 with new restrictions, including a reduction in occupancy, more space among gamblers and severely reduced limits for meeting and convention spaces.
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