Laughlin, NV
Overall Laughlin is seeing more gaming revenue from fewer visitors. This is only one factor that will determine how well the Laughlin properties are rebounding. Room rates are up, dining and food costs are up, there are employee shortages, and the important Revenue Per Available Room (RevPAR) number is down.
This is a comparison of Laughlin Visitor and Gaming data thus far in 2021 with 2020 and 2019. During 2020 the start of the pandemic began and there were closures of the Casinos for several months. 2019 was the last year when there was not a pandemic and had no closures.
Laughlin Gaming Revenues Year to Date
2021 $334,303,000 (Year to Date through August 2021)
2020 $229,407,000 (Year to Date through August 2020)
2019 $353,716,000 (Year to Date through August 2019)
Gaming Revenue is up +45.7% in 2021 compared to 2020 (when there were Casino Closures). However, Gaming Revenue is down ‐5.5% in 2021 compared to 2019 (when there was no pandemic, no closures and no restrictions).
Gross Gaming Revenue (rounded) - August only
2021 $41,108,000
2020 $35,123,000
2019 $38,785,000
Gaming Revenue was up +17.0% compared to Aug of 2020 and up +6.0% compared to Aug 2019
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Source of data and graphic: Nevada Gaming Control Board, https://gaming.nv.gov/index.aspx?page=172
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Data and Graphic from LVCVA.Com
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Laughlin Visitor Numbers
Visitor numbers are up +25.9% in 2021 compared to 2020 (when there were Casino Closures) but down ‐34.5% compared to 2019(when there was no pandemic, no closures and no restrictions).
Laughlin Visitor Numbers
2021 841,400 (through August 2021)
2020 668,400 (through August 2020)
2019 1,285,100 (through August 2019)
Taking a look at the comparisons for the month of August for each year:
Visitor Volume - August
2021 95,600
2020 105,600
2019 160,400
Visitors down -9.5% 2021 vs. 2020
Visitors down ‐40.4% 2021 vs. 2019
Average daily room rate - August
2021 $78.48
2020 $64.97
2019 $58.01
ADR is up +20.8% compared to Aug. 2020 and up +35.3% compared to Aug. 2019
Revenue Per Available Room (RevPAR) - August
2021 $35.08
2020 $31.58
2019 $37.59
RevPar is up 11.1% compared to Aug. 2020
but down ‐6.7% compared to Aug 2019
Laughlin/Bullhead City Passengers - August
2021 7,719
2020 5,640
2019 19,776
Visitors at the airport was up +36.9% compared to Aug 2020 but down ‐61.0% compared to Aug 2019
In summary, the number of visitors to Laughlin has rebounded compared to 2020 but is still far behind the numbers seen in 2019. In spite of the lower number of visitors, and pandemic restrictions in 2021 the gaming revenue has rebounded much better. Yet 2021 revenue is still down by -5.5% compared to 2019.
Laughlin Buzz and Best of Laughlin Sponsors
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