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Overall, sportsbooks took in $863 million in wagers, an increase of 34.7 % compared to March 2021. Hotel occupancy hit 80.six % in Las Vegas in the course of March and weekend occupancy was slightly above 92 %. According to the Las Vegas Convention and Visitors Authority, much more than three.3 million visitors came to Las Vegas in March, a 49.5 percent increase compared with March 2021 and 9.eight percent under March 2019. Convention attendance to tradeshows, like the National Automobile Dealers Association and the Bar & Restaurant Expo brought practically 495,000 visitors. The opening weekend of the March Madness men’s and women’s NCAA basketball tournaments had been also a element in gaming totals, Lawton said. "March’s results additional assistance strong demand for gaming activity and consumer behavior remains constant across a number of customer segments all through the majority of markets statewide," Lawton stated. Compact corporations affected by Formula 1 targeted traffic issues got a smaller victory with a bridge removal but may not see compensation for their economic losses. Without the need of legal sports wagering in California, Vegas sports books continue to prosper for the Super Bowl and another Golden State initiative fails to achieve tribal assistance.

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