Also, in 2011 gaming revenue was less reliant on high-end baccarat play, which has helped Nevada casinos‘ overall performance during the recession. This is another good sign about where the industry is heading.
Strip casinos saw an increase in gaming revenue of 5.1 percent since 2010, with casinos bringing in $6.068 billion. This was the first time since 2008 the $6 billion threshold was passed.
“The recovery is much broader, which is what we have been waiting to see happen,” said senior research analyst for the Gaming Control Board Michael Lawton.