Nevada gaming revenue rises as analysts flag hold and visitation trends
Nevada gaming revenue rose in August, with the Las Vegas Strip recording a nearly 6% increase and a monthly record, according to the report. Analyst Jordan Bender said VIP revenue rose 51%, while an adjusted measure would show Strip revenue down 3%; state gaming control board analyst Shelley Newell reported statewide revenue up 1.5% for the year.
Operators and investors may weigh gaming revenue against hold rates and weaker visitation when assessing Nevada performance.