Playing surged to new data final 12 months
Casinos proceed to be the most important cash makers, with mixed slot and desk gaming income totaling about $45 billion, a 6.6% enhance over 2019. Sports activities betting additionally had an inflow of progress in income, rising to greater than $4 billion, and on-line gaming grew to $3.7 billion in income.
Miller stated he is “optimistic” that progress will proceed this 12 months, however that the gaming trade is “nonetheless reliant on the complete return of journey and enormous occasions, which requires a secure well being surroundings and open economic system.”
Specifically, Las Vegas continues to be attempting to get again to regular. MGM Resorts CEO Invoice Hornbuckle stated in an earnings name final week that January visits had “important headwinds,” together with cancellations due to the Omicron variant. Nonetheless, with declining variety of Covid-19 instances, he added that resort bookings are as soon as “as soon as once more beginning to outpace 2019 ranges.”
Visits to the Nevada metropolis reached 32.2 million in 2021, which was solely 75% of the pre-pandemic tourism whole of 42.5 million set in 2019.