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Sports betting and casino revenue las vegas

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However, a funny thing happened on the way to the pop-up COVID testing site.Īs Nevada (and the rest of humanity) issued sweeping lockdowns and closures for most industries – including the casino industry – in 2020, it seemed like most of these markets would be facing a long road to recovery.įor the gambling market in Sin City specifically, several long-lived casino venues closed permanently, while tens of thousands of employees were laid off industry-wide.

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Things were very much skewing toward “doom and gloom.”

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The old generation of in-person gamblers was nearing its sunset, and the biggest retail venues were scrambling to find new ways to attract the younger, more smartphone-addicted demographic.

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Given the state of the world these last couple of years, it’s not surprising that the online casino industry – both domestic and offshore – has taken off in a big way.īut what is surprising is that 2021 actually proved to be the most consistently lucrative in Las Vegas history.īefore the coronavirus, there was plenty of sentiment in the gaming industry that Vegas (and the larger nationwide gambling industry) was at a crossroads.

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