The situation continues to worsen across the Atlantic within Nevada gambling establishments. Following the closure in mid-March 2020 due to the global Covid-19 pandemic, casino revenues are in free fall with an amount of $ 566.8 million, a decrease of 45.6% compared to the previous year.
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On June 4, 2020, casinos in the state of Nevada reopened and are welcoming visitors again. During this process, the operators take stock and according to the figures obtained, revenues for June fell by 8.3% compared to March. In all, the territory’s $ 566.8 million in revenue comes mainly from player bets reaching a cap of $ 8.20 billion and a decline of 31.4%. Most of the betting comes from slot machines which is experiencing a deficit of 28.1%. This regression is not only affecting one-armed bandits, but also table games, sports and horse betting. In 7 years, the sports betting and racing sector lost half of their profits to the tune of 57.3%. In the sports betting market, losses are mainly generated by bets made on football games and especially in the NFL draft. Other disciplines are also not spared such as baseball, basketball and hockey.
In the reopening process, casinos are subject to very specific conditions in order to minimize risks and protect customers and staff. It starts with limiting players around the blackjack, craps, roulette and poker tables. In the selection, Blackjack turns out to be the game that brings the most success with the customers. Poker enthusiasts also deserted casino tables during confinement, preferring online offers offered by operators specializing in this field.
The recovery is progressing slowly in the casinos of the Las Vegas Strip which are struggling to compensate for the losses accumulated in recent months. During the month of June, players wagered $ 1.87 billion in slots and $ 848.3 million in table games. In the end, the stakes are high, not to mention jobs and other establishments that depend on gambling and entertainment.
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