Nevada casinos reported September’s revenues were the highest since casinos reopened and the Head of Nevada Gaming Control Board stepping down.
Nevada has reported year-on-year revenue decreases for the seventh consecutive month but September’s revenues were the highest since casinos reopened in June.
While revenues are up since August, the industry continues to struggle with reduced capacities and a decline in tourism and conventions.
According to a report released by the Nevada Gaming Control Board on Wednesday, casinos generated a total of $821.1m gambling revenue in the state in September.
Although the $821.1m figure represents a 22.4 per cent fall from September 2019, it beats August 2020’s total by $82m.
But the Las Vegas Strip continues to be hit hard by the pandemic, with casinos reporting $354.7m in revenue, down 39.1 per cent year-on-year and up by only $38m from August.
Nevada Gov. Steve Sisolak allowed casinos to reopen on June 4 but the industry continues to struggle with reduced capacity policies and a decline in tourism and conventions.
Head of Nevada Gaming Control Board stepping down
Citing a professional business opportunity that was too good to pass up, Nevada Gaming Control Board Chairwoman Sandra Douglass Morgan has resigned her position as board chairwoman and executive director.
Gov. Steve Sisolak announced Morgan’s resignation Thursday afternoon. She will leave her position effective Nov. 6 “to pursue an exciting professional opportunity,” according to a news release.
Morgan has held the position for nearly two years and was appointed by Sisolak in January 2019.
One of Morgan’s top achievements during her tenure was to deliver new discrimination and harassment policies to the state, modernizing existing documents and updating a series of regulations to clarify the state’s stance on all forms of discrimination, including sexual harassment.
Morgan also took the lead on one of the largest merger investigations in gaming history when Reno-based Eldorado Resorts Inc. and the Carano family acquired Caesars Entertainment Corp. for $17.3 billion in July.
She also has been in a key position since mid-March when the state developed health and safety regulations to prevent the spread of COVID-19.