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LV Strip (Nevada gaming area)


The LV Strip is one of the designated Nevada Gaming Control Boards reporting areas. It consists of the Las Vegas Strip casinos and many of the surrounding casinos. The Strip earns roughly 50% of the gaming revenue from all sources for the state of Nevada.

For the previous 12 months ending 31 August 2009, the Las Vegas Strip earns 83.6% of the pit revenue in Clark County, and 50.6% of the gaming revenue from other sources (slot machines, sports bet, parimutuel, etc.).

Penny slot machines is the only categories of gaming devices where revenue is increasing. After decades of being the top earning game in the pit, blackjack was surpassed by baccarat for the previous 12 months ending 31 August 2009. In August 2009, the game of baccarat was responsible for over 50% of the pit gaming revenue for the Strip which surpassed the game's contribution in the month of February during Chinese New Year.

Since 1999, non-gaming revenue at the Strip casinos exceeds gaming revenue. In more traditional gaming areas like Downtown Las Vegas or Laughlin gaming is still the primary revenue source.

Financial information is provided to show where the source of gaming revenue comes from (slots revenue, vs. pit revenue, etc.). Current data it is contrasted for the year ending Oct 2007 when revenue peaked. The other-pit category is all the other table games like Bingo, Keno, Let it Ride, Mini-Baccarat, Pai-Gow, Pai-Gow Poker, 3-Card Poker, Caribbean Stud, Sports Book, Racing Book, and so forth.

The year ending August 2009 is the first year that Baccarat has had higher revenue than Twenty One (or Blackjack). Although Baccarat is played in other areas of Nevada besides the Strip, 99.2% of the Baccarat revenue in the state is from the Strip.

Aria Casino had not yet opened in FY09.

The North Strip is the unofficial name of the first mile of Las Vegas Blvd. just outside the Last Vegas City Limits, corresponding to Winchester, Nevada. This section of the Strip currently includes five budget resorts, like the Sahara Hotel, Circus Circus Las Vegas, Slots-A-Fun Casino, the Riviera Hotel and Casino and the Greek Isles Hotel and Casino. Collectively they have less than 200 table games, 4200 slots, 31 poker tables and less than 8000 hotel rooms. Also numerous time shares have been built in this region.


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