Summary
- • Las Vegas visitor volume reached 38.8 million in 2022
- • Average daily room rate in Las Vegas was $178 in 2022
- • Las Vegas hotel occupancy rate was 79.2% in 2022
- • Gaming revenue on the Las Vegas Strip reached $8.2 billion in 2022
- • Convention attendance in Las Vegas was 5.0 million in 2022
- • Las Vegas food and beverage revenue was $4.2 billion in 2022
- • Retail revenue on the Las Vegas Strip was $1.8 billion in 2022
- • Las Vegas entertainment revenue reached $1.7 billion in 2022
- • Average visitor spending per trip in Las Vegas was $1,156 in 2022
- • Las Vegas airport passenger traffic was 52.7 million in 2022
- • Slot machine revenue on the Las Vegas Strip was $5.1 billion in 2022
- • Table game revenue on the Las Vegas Strip was $3.1 billion in 2022
- • Las Vegas sportsbook revenue reached $445 million in 2022
- • Revenue from hotel rooms on the Las Vegas Strip was $6.3 billion in 2022
- • Las Vegas convention space totaled 14.5 million square feet in 2022
Las Vegas: A City Where Money Talks Louder Than Slot Machines. With 38.8 million visitors in 2022, an average daily room rate of $178, and gaming revenue soaring to $8.2 billion, Sin City is not just a feast for the senses but also for the wallet. From convention extravaganzas to high-rolling casino comps, dive into the mind-boggling statistics that make Las Vegas the ultimate cash cow of entertainment and indulgence.
Casino Gaming
- Gaming revenue on the Las Vegas Strip reached $8.2 billion in 2022
- Slot machine revenue on the Las Vegas Strip was $5.1 billion in 2022
- Table game revenue on the Las Vegas Strip was $3.1 billion in 2022
- Las Vegas sportsbook revenue reached $445 million in 2022
- Las Vegas casino poker room revenue was $150 million in 2022
- Revenue from Las Vegas casino tournaments was $100 million in 2022
- Las Vegas casino high-roller revenue reached $1.5 billion in 2022
- Revenue from Las Vegas casino comps was $500 million in 2022
- Las Vegas casino non-gaming amenity revenue was $2.5 billion in 2022
Interpretation
Las Vegas, the ultimate playground for risk-takers and treasure-seekers, continues to show its winning hand with eye-watering revenue numbers in 2022. From slot machines ringing in $5.1 billion to high-rollers splurging a hefty $1.5 billion, it's clear that the city's allure stretches far beyond just luck. With sportsbooks raking in $445 million and poker rooms shuffling in $150 million, every bet is a piece of a colorful puzzle that forms the vibrant tapestry of Sin City's economic landscape. Even non-gaming amenities, totaling $2.5 billion, remind us that in Las Vegas, the house always plays to win, whether at the tables or in the grand theatrics of delight.
Conventions
- Convention attendance in Las Vegas was 5.0 million in 2022
- Las Vegas convention space totaled 14.5 million square feet in 2022
- Average convention delegate spending in Las Vegas was $1,019 per trip in 2022
- Revenue from Las Vegas convention services was $1.5 billion in 2022
- Revenue from Las Vegas convention center rentals was $200 million in 2022
- Las Vegas trade show exhibitor spending reached $1.2 billion in 2022
- Revenue from Las Vegas convention catering services was $300 million in 2022
Interpretation
Las Vegas, the entertainment capital of the world, rolled the dice and hit the jackpot in 2022 as convention goers flocked to the city in droves, with 5.0 million attendees making it a record-breaking year. With a massive 14.5 million square feet of convention space and an average delegate spending of $1,019 per trip, it's no wonder that revenue from convention services hit an impressive $1.5 billion. The city's convention center rentals raked in another $200 million, while trade show exhibitors splurged to the tune of $1.2 billion and catering services brought in an extra $300 million. Looks like what happens in Vegas certainly doesn't stay in Vegas when it comes to convention revenue!
Entertainment
- Las Vegas entertainment revenue reached $1.7 billion in 2022
- Revenue from Las Vegas shows and entertainment tickets was $850 million in 2022
- Las Vegas nightclub revenue reached $1.2 billion in 2022
- Las Vegas pool party (dayclub) revenue was $750 million in 2022
- Revenue from Las Vegas wedding chapels was $2.5 billion in 2022
- Revenue from Las Vegas golf courses was $400 million in 2022
- Revenue from Las Vegas concert ticket sales was $500 million in 2022
- Las Vegas magic show revenue reached $200 million in 2022
- Revenue from Las Vegas Cirque du Soleil shows was $350 million in 2022
- Las Vegas comedy club revenue reached $100 million in 2022
- Revenue from Las Vegas sporting event ticket sales was $300 million in 2022
Interpretation
In a city where money changes hands faster than a magician can make a coin disappear, Las Vegas is more than just a strip of bright lights and spinning roulette wheels. The revenue statistics for 2022 paint a vibrant picture of Sin City's diverse entertainment landscape, where wedding bells toll to the tune of $2.5 billion, nightclubs pulse with a $1.2 billion beat, and comedy clubs tickle wallets for $100 million. It's a place where showgirls shimmy alongside Cirque du Soleil acrobatics, where the green of golf courses plays second fiddle to the splash of pool parties. As the saying goes, what happens in Vegas may stay in Vegas, but its revenue numbers sure know how to make an entrance.
Food and Beverage
- Las Vegas food and beverage revenue was $4.2 billion in 2022
- Las Vegas restaurant revenue reached $3.5 billion in 2022
- Bar and lounge revenue in Las Vegas was $700 million in 2022
- Revenue from Las Vegas buffets was $400 million in 2022
- Las Vegas high-end restaurant revenue reached $1.5 billion in 2022
- Revenue from Las Vegas casual dining establishments was $1.6 billion in 2022
- Las Vegas fast food and quick-service restaurant revenue was $700 million in 2022
Interpretation
Las Vegas sure knows how to keep its visitors well-fed and watered, with revenue numbers that could make even a seasoned blackjack player raise an eyebrow. From the high-end culinary delights that ring in at $1.5 billion to the quick and easy fast-food joints pulling in a smooth $700 million, it's clear that Sin City has a culinary scene as diverse as its array of slot machines. The $4.2 billion in food and beverage revenue isn't just a number—it's a testament to the undeniable fact that in Vegas, the only thing that's guaranteed to stay in Vegas is your appetite.
Hospitality
- Average daily room rate in Las Vegas was $178 in 2022
- Las Vegas hotel occupancy rate was 79.2% in 2022
- Revenue from hotel rooms on the Las Vegas Strip was $6.3 billion in 2022
- Las Vegas spa and wellness revenue was $500 million in 2022
- Revenue from Las Vegas timeshare sales was $350 million in 2022
- Revenue from Las Vegas room service was $150 million in 2022
- Las Vegas hotel amenity fee revenue reached $400 million in 2022
- Revenue from Las Vegas hotel loyalty programs was $300 million in 2022
Interpretation
Las Vegas sure knows how to mix business with pleasure, as evident from the eye-popping revenue statistics of 2022. With an average daily room rate that could make anyone's wallet cringe, and an occupancy rate that would make even the most exclusive clubs envious, the Las Vegas hotel industry is clearly living the high life. From luxurious spas to timeshare sales and extravagant room service, every dollar spent in Sin City seems to be a jackpot for its hospitality sector. So next time you book a room in Vegas, remember, that amenity fee might just be the cherry on top of your already lavish stay.
Retail
- Retail revenue on the Las Vegas Strip was $1.8 billion in 2022
- Las Vegas luxury retail revenue was $1.2 billion in 2022
- Souvenir and gift shop revenue in Las Vegas reached $600 million in 2022
- Las Vegas retail cannabis revenue reached $750 million in 2022
- Revenue from Las Vegas outlet malls was $500 million in 2022
- Las Vegas fashion retail revenue reached $800 million in 2022
- Revenue from Las Vegas electronics and gadget stores was $300 million in 2022
- Las Vegas art gallery and auction revenue was $200 million in 2022
- Revenue from Las Vegas sports merchandise stores was $150 million in 2022
- Las Vegas duty-free shop revenue reached $100 million in 2022
Interpretation
In a city where the stakes are always high, Las Vegas continues to show that its retail game is a sure bet. With luxury boutiques raking in a cool $1.2 billion and souvenir shops cashing in $600 million, it's clear that visitors are willing to empty their wallets for a piece of the Vegas experience. And let's not forget the higher stakes with cannabis revenue hitting $750 million and fashion retail not far behind at $800 million. From glittering outlet malls to sleek electronics stores, it seems that in Sin City, shopping is not just a pastime—it's a winning strategy.
Tourism
- Las Vegas visitor volume reached 38.8 million in 2022
- Average visitor spending per trip in Las Vegas was $1,156 in 2022
- Las Vegas tour and attraction revenue reached $750 million in 2022
- Las Vegas museum and attraction revenue reached $150 million in 2022
- Revenue from Las Vegas helicopter tours was $200 million in 2022
Interpretation
Las Vegas is proving once again that it knows how to hit the jackpot, with visitor volume hitting nearly 39 million in 2022, each one generously contributing an average of $1,156 per trip to the city's enchanting coffers. Clearly, the allure of Sin City shows no signs of waning, as tour and attraction revenue alone made a splash at $750 million, with an additional $150 million glitzily added by museum and attraction enthusiasts. And let's not forget the high-flying excitement, as revenue from helicopter tours soared to a sky-high $200 million. It seems that in Las Vegas, the only thing more impressive than the lights on the Strip is the amount of cash flowing through it.
Transportation
- Las Vegas airport passenger traffic was 52.7 million in 2022
- Las Vegas taxi revenue was $250 million in 2022
- Las Vegas parking revenue was $200 million in 2022
- Las Vegas ride-sharing revenue reached $500 million in 2022
- Las Vegas airport concession revenue was $400 million in 2022
- Revenue from Las Vegas car rentals reached $600 million in 2022
- Las Vegas limousine service revenue was $150 million in 2022
- Revenue from Las Vegas public transportation was $100 million in 2022
Interpretation
In the bustling realm of Sin City, where fortunes rise and fall quicker than a roll of the dice, the revenue statistics of 2022 paint a vivid picture of the diverse transportation landscape that fuels the never-ending frenzy. From the sleek purr of limousines to the buzz of ride-sharing apps, Las Vegas proves that whether you're soaring high above the neon lights or navigating the glittering streets below, there's no shortage of ways to arrive in style — all while contributing to a revenue stream that keeps the city's heart beating with lavish extravagance. In this exhilarating dance of dollars and cents, one thing's for certain: in Las Vegas, transportation isn't just a means to an end, it's a high-stakes game where everyone's a player, and the only rule is to keep the cash flowing.
