![]() ![]() Five casino districts across Nevada that don’t rely on air-travel, mid-week business travel and tourists, but instead rely on local gamblers and people who drive-in from California, recorded all-time monthly revenue records in March, including Downtown Las Vegas, Elko County and the Carson Valley Area. Wynn and Encore Las Vegas feature two luxury hotel towers with a total of 4,748 spacious hotel rooms, suites and villas, approximately 194,000 square feet of. ![]() (The revenues are up 67% from the same time last year.) Fitch is predicting Las Vegas won’t fully recover until 2024. In March, casinos on the tourist-reliant Strip recorded revenues of just over $500 million, which is still down 9.1% from March 2019. While there are positive signs of revenue growth, a full recovery is still years away, Colin Mansfield, an analyst from Fitch Ratings, said. ![]() The Covid-19 pandemic dealt a crushing blow to casino operators. Wynn’s move to 100% gaming floor capacity, while not earth-shattering, is a welcome development on the Strip. MORE FROM FORBES March Madness And Stimulus Checks Helped Nevada Bring In More Than $1 Billion In Monthly Gambling Revenue By Will Yakowicz ![]()
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