The Las Vegas Strip saw its gaming revenue jump by 16.8 percent year-on-year in July, thanks largely to a huge increase in baccarat volumes.
Baccarat win increased a whopping 41 percent from the same time last year on the back of a 12.8 percent increase in volume as Sin City’s impressive recovery continues. Slot win was also up 4.4 percent on July 2015.
However, analysts have warned that the surprising increase comes after two months of low hold, meaning Las Vegas was due for an upturn.
“While we had heard operators reporting some higher end baccarat customers returning to Las Vegas, we would not expect this level of recovery in the baccarat business to continue,” said Union Gaming’s John DeCree.
