Analyst: Events will make 2022 bigger Las Vegas revenue year than 2021
by Howard Stutz
As the Las Vegas resort industry awaits the full return of its convention and meeting business, one gaming analyst said high-profile events tied to the National Fottball League will boost Southern Nevada visitation in the first half of the year, despite the recent national spike in COVID-19 cases.
Daniel Politzer, who follows the gaming industry for Wells Fargo Bank, had an opposing view from another analyst who believes the Strip’s gaming market will decline in 2022. Politzer said gaming and non-gaming revenues produced by Strip resort operators with multiple properties, such as MGM Resorts International and Caesars Entertainment, could jump as much as 20 percent over 2021 – a year that already portends to be a record-setting.
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