“The four-day period beginning on November 16th was extremely profitable for both gaming and non-gaming activity on the Las Vegas Strip with some properties estimating those days established all-time record levels of revenue,” according to Michael Lawton, senior economic analyst. Race promoters and county officials believe it will be a bigger payday next year, when some of the wrinkles are ironed out. Many believed the headache just wasn’t worth it.īut the numbers released Thursday by the Nevada Gaming Control Board showed there was a big payday that came with the event.
With cones disrupting traffic all around the racecourse and construction changing the face of the Las Vegas Strip, there was considerable pushback to the F1 race right up to the event. The win was 12.5% above figures from last November. Statewide, casinos won $1.37 billion, about $30 million short of July’s record.
The number fell about $14 million short of the Strip’s all-time high in July 2023 ($834,898,954). The Strip’s win - $820,992,082 - was a gaudy 22.6% higher than November a year ago. LAS VEGAS (KLAS) - Casinos on the Las Vegas Strip drove Nevada to its second-highest win on record in November, validating some expectations surrounding the return of Formula One racing to the valley.
