Josh Swissman quoted on

Josh Swissman quoted on

Analysts confident in strong 2023 for Las Vegas

It took Nevada and the Strip only 11 months in 2022 to break their 2021 records for all-time gaming win, and industry experts remain confident in a strong 2023, despite ongoing concerns of a recession and lingering inflation in the economy.

Setting another gaming revenue record in 2023, however, will be difficult, even in a year that will benefit from a boost in conventions and international travel, along with the Las Vegas Grand Prix in November.

Through November based on numbers released Thursday by the Nevada Gaming Control Board, the state’s casinos have won $13.5 billion in 2022, already surpassing the $13.4 billion for all of 2021. It’s the same story on the Strip, with gaming revenue of $7.5 billion through November, 16.3% higher so far and already surpassing the $7.1 billion for all of last year.

Read the full article here.