Atmosphere of ‘walking madness’ lifts Vegas economy from pandemic | USA News®

LAS VEGAS (AP) — Nevada casinos posted near-record gains in March, while Las Vegas airport reported passenger traffic almost as high as pre-pandemic levels and tourism officials marked a another big increase in visitor volume.

The state’s Gaming Control Board reported Thursday that the $1.35 billion that casinos statewide raked in was just short of the best monthly mark of $1.36 billion set in July. latest.

Clark State and County set all-time records for house slot machine winnings, while the Las Vegas Strip recorded the third highest monthly slot machine winnings, said Michael Lawton, senior board analyst.

“A traditional ‘March Madness’ vibe has returned,” Lawton said, after COVID-19 restrictions, including mask requirements, were lifted in February. March featured a NASCAR race, mixed martial arts bout, and NCAA basketball events.

Sportsbooks earned nearly $40 million on total bets of $863 million during the month, Lawton added.

political cartoons

Visitor numbers to Las Vegas rose to more than 3.3 million in March, up nearly 50% from 2.2 million in March 2021, according to the Las Vegas Convention and Visitors Authority.

The authority noted the return of more trade shows and conventions, and said hotel occupancy rates in the more than 150,000 rooms in and around Las Vegas were over 80%.

Harry Reid International Airport welcomed nearly 4.3 million passengers in March, down about 140,000 from its pre-pandemic total in March 2019 – a year the airport saw a record 51 .5 million arriving and departing passengers.

The airport’s 154,000 international travelers in March were up more than 50% from February, and flights from overseas are expected to ramp up in April with additional service to cities in Mexico, Canada , Panama, the Netherlands, Germany, Switzerland and the United Kingdom.

International travel has all but ceased during the coronavirus pandemic.

The state collected nearly $98 million in taxes based on March casino winnings, the Gaming Control Board said. The figure is significant because casino taxes make up about 17% of state revenue, second only to sales taxes. Nevada has no personal income tax.

Copyright 2022 The Associated press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Comments are closed.