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HomeNewsElsewhereLV Strip GGR dips 1% from 2019, but up 8.3% in Q2

LV Strip GGR dips 1% from 2019, but up 8.3% in Q2

Gross gambling revenue on the Las Vegas Strip dipped 1 percent in June, but beat Deutsche Bank expectations for a 3.5 percent fall, bringing the result for the quarter to an 8.3 percent gain on 2019.

The month is down 6.9 percent from May. LV Locals GGR of $269.8 mm was up 42.9 percent versus June of 2019, bringing 2Q21 to up 28.3 percent versus 2019.

“The +42.9 percent result compares favorably to our +15.9 percent DB DIG estimate,” the firm said.

Gaming revenue in the U.S. has shown a strong bounce back since last year’s lockdowns, with pent-up demand fuelling growth.

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The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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