That means 2022’s figures are likely to exceed the record $7.07 billion in gaming revenue generated by Strip casinos throughout 2021. That’s up 22.7 percent from the revenue recorded during the same period last year. Strip casinos are poised to enjoy their second straight year of reporting record figures after collecting $6.1 billion in revenue from January to September. Fitch issued the analysis following the Global Gaming Expo (G2E) convention in October which was attended by an estimated 25,000 guests and representatives from the gambling sector. In particular, American gaming markets that already surpassed pre-pandemic revenue totals, including the Strip, would incur bigger losses in 2023. Revenue Decline for Las Vegas Strip Casinos could see their revenue drop by between 5 and 15 percent next year owing to multiple factors, including a possible recession in the country. ![]() Overall outlook remains positive with operators in good shape to deal with a pullbackĬasinos on the Las Vegas Strip will experience a slump in gaming revenue in 2023 even after enjoying record-breaking figures over the past two years, according to Fitch Ratings – the investor advisory service. ![]()
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