Nevada Casinos Set Revenue Record in 2022

This story was published more than 1 year ago.

The state of Nevada set a yearly fiscal record for 2022, with the Nevada Gaming Control Board revealing that the Silver State recorded $4.1 billion in net income during the fiscal year ending June 30th, 2022.

The state has 296 casinos, and the total haul is the second-largest revenue haul in state history. Casino income was $10.67 billion, with $2.63 billion coming from hotel room sales, $1.7 billion from food sales, and $1.2 billion from beverage sales. Casinos had a 52.6% occupancy rate during the year.

The Las Vegas Strip generated 87.1% of the state's revenues, with revenue across all sectors coming in at $17.3 billion. Clark County had revenues of $23.46 billion and net income of $3.57 billion. Downtown Las Vegas had revenues of $1.5 billion and net income of $269.7 million. Washoe County income was up 35% to $372.7 million, and Elko County jumped 10% to $144.8 million.

South Lake Tahoe was the sole area to see income drop, but this was largely due to the Calodor Fire, which destroyed much of the surrounding area.

Things will likely continue to trend up for Nevada for this current year, as visitor numbers have remained very high for Las Vegas.

Casino Listings News analyzes the Nevada gaming market on a monthly basis and will continue to follow the state's progress, updating readers as appropriate.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
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thnisiki
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26 January 2023 - 9:25am
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