Regulators say Nevada casino winnings set fiscal-year record
LAS VEGAS (AP) — Nevada casinos set a fiscal-year record in winnings from July 2021 to June 2022, collecting $14.6 billion to shatter a record that had stood since 2008, state gambling regulators said Thursday.
The Nevada Gaming Control Board also reported that casinos statewide won $1.3 billion last month — the fifth-highest all-time figure for June and the 16th straight month topping the $1 billion mark, board analyst Michael Lawton said.
The state collected $71.2 million in taxes based on the monthly casino winnings. The figure is important because casino taxes make up about 17% of state revenues, second only to sales taxes. Nevada has no personal income tax.
Among other economic indicators this week, the busy airport that funnels tourists into and out of Las Vegas set an all-time high for passengers in a single month in June, eclipsing monthly records set before the coronavirus pandemic.
Harry Reid International Airport reported that it handled almost 4.7 million arriving and departing travelers last month, up almost 74,000 people from tallies during October 2019 and May 2019.
The Las Vegas Convention and Visitors Authority reported visitor volume of 3.3 million guests — up 12% compared with June 2021 but still down 8% from pre-pandemic June 2019.
