{"id":156452,"date":"2020-11-24T09:35:36","date_gmt":"2020-11-24T17:35:36","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=156452"},"modified":"2020-11-24T12:09:43","modified_gmt":"2020-11-24T20:09:43","slug":"las-vegas-strip-october-casino-win-375m-best-month-since-pandemic","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/las-vegas-strip-october-casino-win-375m-best-month-since-pandemic\/","title":{"rendered":"Las Vegas Strip October Casino Win Totals $375M, Best Month Since Pandemic Began"},"content":{"rendered":"

The Las Vegas Strip just had its best month since the COVID-19 pandemic began. But it comes as Nevada Gov. Steve Sisolak (D) is implementing new coronavirus restrictions.<\/p>\n

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The Las Vegas Strip, seen here, is finally showing some signs of life amid COVID-19. (Image: Las Vegas Review-Journal<\/em>)<\/figcaption><\/figure>\n

Gross gaming revenue (GGR) on the Strip totaled $375.8 million in October, its largest haul since February. Sisolak ordered all gaming operations to shutter in mid-March and allowed them to reopen in early June.<\/p>\n

Though the Strip’s October gaming win is still a 30 percent drop compared with October 2019, the month showed signs of life for the gaming industry in what’s been a most difficult and unusual year.<\/p>\n

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Statewide GGR came in at $822.7 million. That’s a 19.5 percent year-over-year drop. Slot machines were big winners, the terminals keeping $656.8 million of gamblers’ money. Blackjack was the most fruitful table game for the house, twenty-one winning $60.2 million.<\/p>\n<\/div>\n

Baccarat, the game of choice for Asian travelers, posted a surprising year-over-year gain. The table games won nearly $60 million, a five percent premium.<\/p>\n

Sportsbooks took in $659.2 million in bets and won $42.4 million on a 6.4 percent hold.<\/strong><\/p>\n

Enthusiasm Curbed<\/b><\/h2>\n

Sisolak and neighboring California Gov. Gavin Newsom’s (D) latest directives will likely halt what momentum Las Vegas Strip casinos experienced last month.<\/p>\n

Beginning today, and lasting for a minimum of three weeks, Nevada casinos and restaurants will be limited to 25 percent of their fire code capacity indoors. That’s a reduction from 50 percent. Indoor public gatherings are limited to 25 percent capacity, or 50 people, whichever is less.<\/p>\n

Newsom has ordered a nightly curfew for nearly all of California, including Los Angeles County. Californians are to be at home between 10 pm and 5 am unless they have essential errands to complete, or are at their place of employment where their jobs do not allow for remote work.<\/p>\n

Las Vegas Strip Casino Win<\/strong><\/p>\n