\nLas Vegas remains strong,”<\/strong> said Rosemary Vassiliadis, director of Clark County Aviation. “From stadium concerts to high-stakes sporting events, 2021 was a dress rehearsal for what LAS and the community can expect as Las Vegas solidifies its position as the premier entertainment destination.”<\/strong><\/p>\n<\/blockquote>\nDomestic travel was much more robust last year than in 2020 because of the rollout of COVID-19 vaccines. However, Las Vegas still has a way to go to return to pre-pandemic conditions. Harry Reid International, then known as McCarran, facilitated 51.5 million passengers in 2019.<\/p>\n
Inflation Downer<\/b><\/h2>\n Nevada casinos just experienced their best year ever\u2026 or did they? Inflation is rising at rates not experienced in decades.<\/p>\n
The US Bureau of Labor Statistics reported earlier this month that consumer prices rose seven percent in December. That’s the largest price increase since 1982.<\/p>\n
\n
Inflation has become a major issue facing the US recovery and President Joe Biden’s administration. While 2021 was a banner year for the Nevada gaming industry, it’s worth comparing the buying power of a dollar in 2021, compared with the previous record GGR year set in 2007.<\/p>\n<\/div>\n
The $12.85 billion Nevada casinos kept from gamblers in 2007 is the equivalent of $17.28 billion in 2021 dollars.<\/p>\n","protected":false},"excerpt":{"rendered":"
Nevada casinos are fresh off their best year ever in terms of gaming revenue. The Nevada Gaming Control Board revealed today that 2021 gross gaming revenue (GGR) totaled more than $13.42 billion. That number is nearly 71 percent year-over-year increase and a nine percent premium on pre-pandemic 2019. Nevada’s previous record gaming year came in […]<\/p>\n","protected":false},"author":25,"featured_media":199467,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10],"tags":[],"acf":[],"yoast_head":"\n
Nevada Casinos Set All-Time Gaming Record, 2021 Win Tops $13.4B<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n