September Sees $693 Million In Wins For Las Vegas Strip Casinos

When many tourists are planning out a Las Vegas trip, the Strip is often the first thing to come to mind. The Las Vegas Strip has no shortage of entertaining spots, with restaurants, resort hotels, and (of course) casinos. Some of the biggest casinos in the city are active on the Strip, such as The Cosmopolitan, MGM Grand Casino, The Flamingo, Caesars Palace, and The Bellagio.

Well, those casinos and more have seen a very profitable month of September, with a massive year-over-year growth. Let’s look at just how well the Strip casinos did this past month, as well as look at Nevada’s successful streak of wins and a possible record year.

Las Vegas Strip Casinos Bring In $693 Million In September

Las Vegas casino goers were looking for big jackpots throughout September, but it was the Strip casinos that ended up with the big wins. Overall, Strip casinos saw a total of $693 million in gross gaming revenue throughout September of 2022. This number represents a 8.25% jump from the previous year, showing that the casino industry continues to be on the rise. While table games are always a big draw, slot machines were responsible for much of the month’s winnings.

According to Casino.org, Vegas Strip slot machines generated $409.5 million throughout September, another big incline (15%) from last year. These numbers greatly outshine the outcomes from popular casino games such as craps, roulette, blackjack, and baccarat.

September Sees Nevada Casinos Overall Hit $1 Billion

While the Las Vegas Strip was definitely responsible for the majority of big wins throughout September, the entire state had a successful month. As a whole, Nevada casinos brought in $1.248 billion throughout September, which itself is an 8% improvement from the 2021. This is also the 19th month in a row in which casinos in Nevada brought in over $1 billion.

These numbers are definitely unexpected considering growing inflation and recent economic concerns. However, the return of NFL football, numerous conventions, and even a music festival all contributed to a major month of September for Nevada. Overall, the Battle Born State is looking to outpace last year’s record gross gaming revenue total of $13.42 billion after already surpassing $11 billion in 2022.

Big Casino Expansions On The Way?

While Nevada’s 312 different casinos have helped bring in such substantial revenue throughout the year, you can expect more expansion of the massive casino market in the future. One ongoing transformation that’s shaking up the Las Vegas Strip is the rebranding of Bally’s Casino, which has been renovated by Caesars Entertainment and will be relaunched as Horseshoe Casino Las Vegas. The updated casino is expanding with more restaurants and even a full arcade for all ages.

A similar transformation will come in the next few years after Hard Rock Casino International’s acquisition of The Mirage, formerly an MGM Resorts International property. Although there aren’t too many details available, it’s expected that Hard Rock Las Vegas will fully open its doors around 2025. With so much growth planned around the city, you can expect the massive influx of bets to continue for years to come.