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A stable recovery for Nevada casinos

03/02/12

nevada

For the second year in a row, the gambling industry in Nevada has registered a positive growth in revenue in 2011.
Indeed, state casinos revenues have reached 10,7 billion dollars, which represents a 2,8% increase compared to the previous year.
On the Las Vegas Strip, revenues grew 5,1% compared to 2010 and have passed the 6 billion dollars mark for the first time since 2008.
More important than it was announced, the recovery has not reached a 2 digit growth as per now, but it remains stable.
The good results are not coming only from the growing success of Baccarat as we covered in this post.
Slot machines increased 1,5% too, which proves the return of mass customers, while they were down 2,7% in 2010.
On their side, table games are doing quite well with a 5,2% increase compared to the previous year.
These figures are an encouraging sign, knowing that the second half of 2011 was better than the first 6 months of the year, which allows one to hope for excellent results for the whole industry in 2012.

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