Nevada Casinos: Departmental Revenues, 1984-2019

Nevada Casinos: Departmental Revenues, 1984-2021

Fiscal-year breakdown of Nevada casino resort revenues generated by Gaming, Rooms, Food, Beverage, and Other departments, since 1984.

Nevada casino resorts have always been about more than just gambling; in addition to their gaming floors, they also have hotel rooms, restaurants, bars, nightclubs, entertainment venues, and retail shopping. Over the past several years, the revenue pattern of the industry has shifted, as gaming itself has become less important to the overall revenue picture. The following charts feature historic and current data on casino revenue, broken down by department, for five reporting areas: Statewide, Las Vegas Strip, Downtown Las Vegas, Boulder Strip, and Washoe County.

Executive Summary

The five reporting areas in this study (with one notable exception): followed the same general pattern: gaming win, as a percentage of total revenue, has declined over the past 37 years, chiefly because of the emergence of lodging, dining, and nightlife components of casino resorts as revenue centers.

Statewide: The percentage of gaming revenue fell from 62% to 58%, with rooms and "other" (chiefly entertainment and retail) making the largest gains.

Las Vegas Strip: This area saw the most dramatic change, with gaming win dropping from 59% of total revenue to 48%. Given the rise of high-ticket entertainment and retail on the Strip, it's not surprising that the percentage of Other income more than doubled.

Downtown Las Vegas: While gaming revenue has the highest percentage here, rooms have increased their share by nearly five times.

Boulder Strip: Gaming has less dramatic increases and decreases as the Strip, and other departments still largely exist to enhance slot revenues.

Washoe County: This area saw the same general trend as the Strip, but at a more muted pace; gaming still produces most revenues.

Definitions

? For all reporting areas, each year's data is for the fiscal year (July-June) in question. ? All data is for all casinos with gross gaming revenues of more than $1,000,000 per year. ? All revenue totals are in dollars. ? Statewide, Las Vegas Strip, and Downtown Las Vegas have data going back to 1984; the

Boulder Strip has data going back to 1986; Washoe County has data going back to 1990.

*Starting with the 2019 fiscal year, the reporting of complementary expenses in the gaming department changed. Previous to that, it was reported as a departmental expense. In 2019 and following, it was subtracted directly from revenues. This report maintains consistency with the existing data by adding the complementary expenses subtracted from gaming revenue back to that total.

Tables for total departmental revenues and departmental revenues as a percentage of total revenues for Statewide, Las Vegas Strip, Downtown Las Vegas, Boulder Strip, and Washoe County follow.

1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Nevada Statewide: Total Departmental Revenues

Gaming 2,941,428,012 3,103,770,229 3,264,287,310 3,667,783,405 4,094,869,746 4,514,157,698 4,952,978,992 5,513,297,150 5,584,559,864 5,880,592,442 6,504,348,451 7,030,994,404 7,390,435,180 7,493,752,537 7,743,934,793 8,426,224,115 9,308,916,419 9,310,594,712 8,911,540,280 9,250,496,837 9,883,510,737 10,662,454,467 11,809,095,031 12,480,790,793 12,040,879,888 10,514,718,393 9,906,558,446 10,168,621,415 10,283,752,257 10,395,664,377 10,641,153,886 10,622,398,628 10,760,756,016 11,109,963,417 11,595,722,030 11,960,145,391 9,271,951,349 10,617,738,860

Rooms 566,156,219 628,449,182 683,898,360 813,247,135 902,301,271 984,366,288 1,106,894,261 1,229,942,369 1,267,776,843 1,339,427,941 1,586,137,853 1,859,662,260 2,031,245,547 2,221,197,908 2,321,374,479 2,620,334,244 3,164,911,960 3,467,373,027 3,176,595,811 3,336,388,124 3,822,385,406 4,284,610,141 4,886,472,087 5,129,980,388 5,113,021,078 4,264,647,800 3,938,031,442 4,345,019,868 4,722,986,200 4,788,237,661 5,145,739,071 5,403,398,618 5,829,851,047 6,165,784,751 6,239,824,567 6,554,079,153 4,784,004,529 3,205,555,530

Food 581,595,132 613,346,601 655,566,917 733,476,042 807,266,286 872,809,645 954,405,944 1,058,347,100 1,101,621,195 1,138,766,207 1,299,990,707 1,421,170,434 1,538,647,478 1,624,850,886 1,749,854,499 1,948,532,037 2,244,386,384 2,380,945,057 2,333,328,751 2,444,599,343 2,680,721,746 2,929,535,277 3,305,638,824 3,401,217,422 3,518,856,739 3,191,256,499 3,040,918,370 3,252,131,103 3,457,328,243 3,454,351,627 3,570,804,695 3,756,031,464 3,871,751,533 3,890,157,739 4,027,631,792 4,284,997,302 3,173,470,837 1,728,094,142

Beverage 362,828,613 367,453,622 390,848,711 426,375,387 445,462,697 467,012,296 486,855,601 522,426,855 524,422,399 537,203,293 587,519,449 623,768,643 653,150,355 684,935,887 721,368,846 787,990,885 900,462,147 935,318,129 940,936,501 983,658,703 1,081,637,344 1,165,972,108 1,308,004,191 1,398,854,293 1,331,969,074 1,328,324,592 1,370,073,976 1,503,719,235 1,634,163,909 1,660,036,952 1,674,834,485 1,724,946,447 1,730,949,389 1,804,476,733 1,938,358,366 2,116,672,794 1,504,428,454 1,214,220,726

Other 295,851,145 331,889,506 341,646,223 402,354,201 463,508,549 467,445,084 577,102,897 693,175,807 675,259,642 725,169,562 918,835,264 1,059,831,302 1,190,456,543 1,260,699,383 1,340,672,935 1,609,317,375 1,938,623,378 2,009,181,208 1,939,443,694 1,963,009,090 2,117,847,217 2,313,629,440 2,771,897,303 2,846,184,463 3,000,097,270 2,712,417,628 2,597,978,734 2,742,572,695 2,878,356,884 2,777,509,875 2,863,422,032 3,084,792,812 3,041,576,002 3,204,316,632 3,306,343,097 3,094,159,438 2,309,628,755 1,635,890,092

Total 4,747,859,121 5,044,909,140 5,336,247,521 6,043,236,170 6,713,408,549 7,305,791,011 8,078,237,695 9,017,189,281 9,153,639,943 9,621,159,445 10,896,831,724 11,995,427,043 12,803,935,103 13,285,436,601 13,877,205,552 15,392,398,656 17,557,300,288 18,103,412,133 17,301,845,037 17,978,152,097 19,586,102,450 21,356,201,433 24,081,107,436 25,257,027,359 25,004,824,049 22,011,364,912 20,853,560,968 22,012,064,316 22,976,587,493 23,075,800,492 23,895,954,169 24,591,388,351 25,234,833,987 26,174,699,272 27,107,879,852 28,010,054,078 21,043,483,924 18,401,499,350

Nevada Statewide: Departmental Percentages of Total Revenue

1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Gaming 61.95% 61.52% 61.17% 60.69% 61.00% 61.79% 61.31% 61.14% 61.01% 61.12% 59.69% 58.61% 57.72% 56.41% 55.80% 54.74% 53.02% 51.43% 51.51% 51.45% 50.46% 49.93% 49.04% 49.42% 48.15% 47.77% 47.51% 46.20% 44.76% 45.05% 44.53% 43.20% 42.64% 42.45% 42.78% 42.70% 44.06% 57.70%

Rooms 11.92% 12.46% 12.82% 13.46% 13.44% 13.47% 13.70% 13.64% 13.85% 13.92% 14.56% 15.50% 15.86% 16.72% 16.73% 17.02% 18.03% 19.15% 18.36% 18.56% 19.52% 20.06% 20.29% 20.31% 20.45% 19.37% 18.88% 19.74% 20.56% 20.75% 21.53% 21.97% 23.10% 23.56% 23.02% 23.40% 22.73% 17.42%

Food 12.25% 12.16% 12.29% 12.14% 12.02% 11.95% 11.81% 11.74% 12.03% 11.84% 11.93% 11.85% 12.02% 12.23% 12.61% 12.66% 12.78% 13.15% 13.49% 13.60% 13.69% 13.72% 13.73% 13.47% 14.07% 14.50% 14.58% 14.77% 15.05% 14.97% 14.94% 15.27% 15.34% 14.86% 14.86% 15.30% 15.08%

9.39%

Beverage 7.64% 7.28% 7.32% 7.06% 6.64% 6.39% 6.03% 5.79% 5.73% 5.58% 5.39% 5.20% 5.10% 5.16% 5.20% 5.12% 5.13% 5.17% 5.44% 5.47% 5.52% 5.46% 5.43% 5.54% 5.33% 6.03% 6.57% 6.83% 7.11% 7.19% 7.01% 7.01% 6.86% 6.89% 7.15% 7.56% 7.15% 6.60%

Other 6.23% 6.58% 6.40% 6.66% 6.90% 6.40% 7.14% 7.69% 7.38% 7.54% 8.43% 8.84% 9.30% 9.49% 9.66% 10.46% 11.04% 11.10% 11.21% 10.92% 10.81% 10.83% 11.51% 11.27% 12.00% 12.32% 12.46% 12.46% 12.53% 12.04% 11.98% 12.54% 12.05% 12.24% 12.20% 11.05% 10.98% 8.89%

1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Gaming 1,267,999,188 1,318,567,513 1,371,208,476 1,597,414,023 1,739,265,206 2,023,619,120 2,278,666,097 2,616,868,246 2,530,932,046 2,680,865,771 3,188,994,040 3,516,053,825 3,629,745,193 3,650,458,259 3,717,773,057 4,128,143,954 4,683,729,471 4,615,644,944 4,247,749,172 4,490,623,007 4,909,991,047 5,283,122,106 6,040,935,450 6,490,880,088 6,266,058,200 5,330,233,592 5,167,060,856 5,496,667,593 5,556,359,281 5,751,645,823 5,993,773,286 5,842,272,843 5,856,335,948 6,038,883,957 6,287,676,887 6,452,367,544 4,932,980,695 4,805,633,714

Las Vegas Strip: Total Departmental Revenues

Rooms

Food

Beverage

Other

348,273,688

246,872,062 166,745,337

132,903,308

380,654,362

256,805,991 163,540,018

159,612,318

402,068,441

272,544,630 175,546,625

159,452,622

490,046,653

316,436,275 200,108,014

201,397,634

524,470,004

339,301,682 206,996,577

224728113

571,938,967

382,878,173 226,285,368

226,897,520

662,311,307

441,234,069 237,866,174

319,254,211

761,203,722

505,510,009 255,183,771

393,102,094

775,713,227

513,980,809 246,575,971

396,490,441

821,671,207

531,056,812 252,566,355

421,042,511

1,048,102,543

659,455,174 291,356,958

589,963,542

1,283,252,531

729,748,118 317,194,130

691,429,701

1,391,133,176

753,484,715 324,187,692

767,803,505

1,535,714,914

774,730,169 331,632,990

794,729,862

1,618,896,618

848,526,497 355,371,362

857,258,099

1,900,913,038 1,027,946,303 412,998,801 1,115,447,446

2,380,443,846 1,258,434,080 500,220,574 1,372,841,787

2,648,983,961 1,353,845,193 531,510,614 1,419,555,878

2,390,866,446 1,335,593,403 528,493,997 1,379,357,679

2,544,812,712 1,429,119,078 567,929,522 1,416,202,174

2,970,641,703 1,629,820,796 638,534,862 1,559,510,300

3,367,195,538 1,817,712,594 701,189,570 1,736,784,685

3,849,204,700 2,145,503,923 822,696,923 2,078,673,702

4,082,315,743 2,179,198,017 890,311,717 2,180,532,325

4,070,006,370 2,320,938,469 826,479,765 2,310,879,312

3,370,478,662 2,066,326,184 847,114,503 2,169,509,731

3,106,483,873 2,013,338,100 909,553,146 2,061,116,941

3,517,773,750 2,241,771,611 1,044,229,654 2,193,637,777

3,864,029,439 2,404,454,444 1,153,536,846 2,294,100,110

3,928,746,384 2,414,026,178 1,194,266,734 2,249,935,257

4,251,116,987 2,514,915,445 1,201,515,165 2,346,512,325

4,469,285,123 2,655,370,198 1,243,527,461 2,532,189,657

4,809,229,497 2,733,386,218 1,226,813,604 2,475,319,012

5,076,044,356 2,744,646,455 1,275,422,047 2,627,112,800

5,102,459,765 2,857,399,150 1,360,589,851 2,700,069,072

5,331,574,521 3,081,995,533 1,400,044,913 2,448,544,900

3,853,823,597 2,275,801,640 940,827,985 1,781,167,986

2,330,025,746 1,074,231,863 657,839,334 1,137,420,495

Total 2,162,793,583 2,279,180,202 2,380,820,794 2,805,402,599 3,034,761,582 3,431,619,148 3,939,331,858 4,531,867,842 4,463,692,494 4,707,202,656 5,777,872,257 6,537,678,305 6,866,354,281 7,087,266,194 7,397,825,633 8,585,449,542 10,195,669,758 10,569,540,590 9,882,060,697 10,448,686,493 11,708,498,708 12,906,004,493 14,937,014,698 15,823,237,890 15,794,362,116 13,783,662,672 13,257,552,916 14,494,080,385 15,272,480,120 15,538,620,376 16,307,833,208 16,741,645,282 17,102,084,279 17,762,109,615 18,308,194,725 18,714,527,411 13,784,601,903 10,005,151,152

Las Vegas Strip: Departmental Percentages of Total Revenue

Gaming Rooms Food Beverage Other 1984 58.63% 16.10% 11.41% 7.71% 6.14% 1985 57.85% 16.70% 11.27% 7.18% 7.00% 1986 57.59% 16.89% 11.45% 7.37% 6.70% 1987 56.94% 17.47% 11.28% 7.13% 7.18% 1988 57.31% 17.28% 11.18% 6.82% 7.41% 1989 58.97% 16.67% 11.16% 6.59% 6.61% 1990 57.84% 16.81% 11.20% 6.04% 8.10% 1991 57.74% 16.80% 11.15% 5.63% 8.67% 1992 56.70% 17.38% 11.51% 5.52% 8.88% 1993 56.95% 17.46% 11.28% 5.37% 8.94% 1994 55.19% 18.14% 11.41% 5.04% 10.21% 1995 53.78% 19.63% 11.16% 4.85% 10.58% 1996 52.86% 20.26% 10.97% 4.72% 11.18% 1997 51.51% 21.67% 10.93% 4.68% 11.21% 1998 50.25% 21.88% 11.47% 4.80% 11.59% 1999 48.08% 22.14% 11.97% 4.81% 12.99% 2000 45.94% 23.35% 12.34% 4.91% 13.46% 2001 43.67% 25.06% 12.81% 5.03% 13.43% 2002 42.98% 24.19% 13.52% 5.35% 13.96% 2003 42.98% 24.36% 13.68% 5.44% 13.55% 2004 41.94% 25.37% 13.92% 5.45% 13.32% 2005 40.94% 26.09% 14.08% 5.43% 13.46% 2006 40.44% 25.77% 14.36% 5.51% 13.92% 2007 41.02% 25.80% 13.77% 5.63% 13.78% 2008 39.67% 25.77% 14.69% 5.23% 14.63% 2009 38.67% 24.45% 14.99% 6.15% 15.74% 2010 38.97% 23.43% 15.19% 6.86% 15.55% 2011 37.92% 24.27% 15.47% 7.20% 15.13% 2012 36.38% 25.30% 15.74% 7.55% 15.02% 2013 37.02% 25.28% 15.54% 7.69% 14.48% 2014 36.75% 26.07% 15.42% 7.37% 14.39% 2015 34.90% 26.70% 15.86% 7.43% 15.13% 2016 34.24% 28.12% 15.98% 7.17% 14.47% 2017 34.00% 28.58% 15.45% 7.18% 14.79% 2018 34.34% 27.87% 15.61% 7.43% 14.75% 2019 34.48% 28.49% 16.47% 7.48% 13.08% 2020 35.79% 27.96% 16.51% 6.83% 12.92% 2021 48.03% 23.29% 10.74% 6.58% 11.37%

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