The state of Nevada’s financial woes related to the closure of casinos due to Covid-19 continued in May, as revenues fell 99.4% when compared to the same period in 2019.
The casino industry was shut down for the whole month, and only re-opened on June 4th to limited capacity. Because of this, the revenues for the industry were almost nothing, with only online poker generating $5.8 million in revenue through the WSOP brand.
These revenues will almost certainly rise for June, although the revenues will still be down severely from last year. How long will it take for revenues to return to normal? Who knows, but it seems that it’ll take a long time before things bounce back to where they were.