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Nevada’s $1 Billion Gaming Revenue Streak Reaches 18 Months

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Nevada’s  Billion Gaming Revenue Streak Reaches 18 Months



The beginning of faculty soccer season helped ship $1.2 billion for August—pushing the Silver state 14% forward of the 2021 document income 12 months.


Tright here isn’t any finish in sight for Nevada’s successful streak. The Silver State reported its 18th consecutive month of greater than $1 billion in playing income.

In accordance with the Nevada Gaming Management Board, Nevada collected $1.2 billion from its casinos in August, up 26.7% over the identical month in 2019. The trade shortly recovered from the pandemic-induced recession in 2020 and is holding regular as gaming income was up 3.5% in comparison with August 2021.

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Casinos on The Las Vegas Strip collected $660 million, a 5.2% improve from final August. “The Strip is carrying the load,” says Michael Lawton, senior financial analyst on the Nevada Gaming Management Board.

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After a four-month downturn, the markets exterior of The Strip are again up. With month-to-month income decreases between April and July, Nevada’s different playing jurisdictions grew barely in August by 1.6%.

Slot machines did probably the most work for the state by bringing in $847.1 million, a 2.5% improve from final 12 months. Gamblers misplaced $361.4 million at desk, counter and card video games, a 6% improve. Baccarat got here in third with $96.7 million, a 4% improve, whereas sportsbooks collected $16.1 million, up 12%, and cell sports activities betting introduced in $9.9 million.

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August got here in about $100 million down from July, when the state rang up $1.3 billion in gaming income—up 28.4% from pre-Covid-19 ranges in July 2019. However August is normally slower, partly because of the excessive warmth. In accordance with the Nevada Gaming Management Board, August playing income is usually down about 9% in contrast with July. The Las Vegas Conference and Guests Authority reported that 3.2 million folks got here to Sin Metropolis in August, a 6.4% improve over final 12 months. However customer quantity to the playing hub is down 11% in contrast with pre-pandemic ranges in 2019.

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Because the economic system heads in the direction of a recession, Lawton says Nevada has a pleasant buffer due to all the expansion it has skilled through the rebound. If playing income drops 10% Nevada will nonetheless be above pre-pandemic ranges. “We must fall off a big cliff to be decrease than 2019 ranges,” says Lawton. “We’re hoping if there’s a downturn, it’s not dramatic. If we see a ten% drop off, we might nonetheless have extraordinarily good numbers.”

Whereas home leisure vacationers have helped Nevada surpass pre-pandemic ranges, worldwide and enterprise journey are each nonetheless down in comparison with 2019. Because of this there’s room to develop.

Nevada is on tempo to beat its document of $13.4 billion in annual playing income it collected in 2021. By means of August, Nevada collected $9.8 billion, a 14% improve in comparison with the identical time final 12 months. “We’ve 4 extra months, and we’re 14% above an all-time document,” says Lawton.

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Nevada’s streak will come to an finish, however the query is when. Hitting $1 billion in playing income every month by the remainder of the 12 months is probably going. “That’s the million-dollar query,” says Lawton. “However after I look on the market, I like what I see. I don’t see an imminent drop-off. There’s no softness on the horizon.”



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Nevada

Missing teen who vanished after family dispute believed to be found dead in desert

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Missing teen who vanished after family dispute believed to be found dead in desert


A body found in the Nevada desert is believed to be a teenager who went missing last week after a family dispute.

Police in the city of Henderson said in a statement that the body matches the description of 17-year-old Jennaleah “Jenna” Hin.

Hin was reported missing on December 30, 2024, after she left the home in Henderson following a family issue.

“It’s just a normal family dispute, you know, that teenagers have with their parents. Nothing out of the ordinary,” Mark Speer, Red Rock Search & Rescue commander said.

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She said something to the effect of, “You don’t have to worry about me anymore,” according to Speer, the Las Vegas Review-Journal reported.

Hin did not have a phone or money on her the night she disappeared, her family said

Hin did not have a phone or money on her the night she disappeared, her family said (Henderson Police)

Hin did not have a phone or money on her the night she disappeared, her family members said, according to CBS affiliate KLAS.

On Sunday, Henderson police responded to an area of the desert just east of Desert Sunflower Circle and Spanish Needle Street around 10:42 a.m. after a K-9 unit was alerted to her scent, officials said. They discovered a “deceased female” who they say matches the description of Hin.

According to their “preliminary investigations, there does not appear to be signs of foul play,” police said.

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The Clark County Coroner’s Office will release official identification of the body, pending notification of next of kin.

A cause of death has not been revealed.

The discovery of the body comes just two days after her mother pleaded for the public’s help in finding the teen at a press conference on Friday.

“Jenna, wherever you are or whoever you’re with, I just want you to come home,” Hin’s mother, Jennifer Swanson, said, according to the Las Vegas Review-Journal. “I want you safe. We love you so much — please come home.”

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On Sunday afternoon, her mother shared a photo of Hin on her Facebook page, writing “Jenna, I love you… Where are you, who are you with, who has you, please come home…”



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Henderson police investigate possible remains of missing 17-year-old girl

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Henderson police investigate possible remains of missing 17-year-old girl


LAS VEGAS, Nev. (FOX5) – Henderson police are investigating the possible remains of a 17-year-old girl who went missing last week.

According to police, the remains were discovered and reported around 10:42 a.m. in the desert area of Desert Sunflower Circle and Spanish Needle Street.

Arriving officers noted that the remains matched the description of Jennaleah Min, who was reported missing last Monday, Dec. 30, 2024.

An initial investigation found that there are no apparent signs of foul play, though it’s still in its early stages.

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Parents of Foothill High School students received the following letter over the weekend:

The coroner has not identified the remains yet, though FOX5 has reached out for confirmation.

This is a developing story, check back later for updates.



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Henderson Police investigate body matching description of missing 17-year-old girl

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Henderson Police investigate body matching description of missing 17-year-old girl


HENDERSON (KTNV) — Henderson Police are investigating reports of a dead woman in the desert area near Desert Sunflower Circle and Spanish Needle Street on Sunday morning.

The body matches the description of Jennaleah “Jenna” Hin, the missing 17-year-old girl, according to Henderson Police.

READ MORE: Search underway for missing 17-year-old girl last seen leaving home in Henderson

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Search underway for missing 17-year-old girl last seen leaving Henderson home

Jennaleah Reyes Hin was last seen leaving her home in the 1200 block of Grove Park Street at 8:46 p.m. on Monday, Dec. 30.

Now, a makeshift memorial is forming in the area where the body was recovered, with community members dropping off flowers in her honor.

According to officials, she’s never ran away before.

“Straight A student, exemplary in every way, never had problems with her mom and dad,” officials said.

On Sunday, many in our Valley showed an outpouring of support on social media.

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One user wrote, “This is horrific. Thoughts are with her family and everyone who knew her and the students and staff at Foothill.”

Another user wrote, “My heart breaks for her parents.”

I did reach out to Hin’s stepfather, Corey Swanson.

A spokesperson for the family returned a comment saying “He will not be answering any texts or calls at this time in relation to the recent development for this tragedy.”

Henderson police say the Clark County Coroner’s Office still needs to confirm the identity of the person whose body was found. They do not believe there was foul play.

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Anyone with information in this case is urged to call the Henderson Police Department at 702-267-4911, 3-1-1, or, to remain anonymous, call Crime Stoppers at 702-385-5555 or visit Crime Stoppers website. Tips directly leading to a felony arrest, or an indictment processed through Crime Stoppers, may result in a cash reward.





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