Regardless, Lawton said January and February numbers for 2023 should see an increase from 2022 when results were somewhat blunted because of the Omicron variant. On the positive side, new special events, such as the inaugural Formula One race in November, could boost gaming revenue totals. He said outside variables, such as what the Federal Reserve does with interest rates, will have an effect on Nevada revenues. “If we miss by 1 or 2 percent, those are still strong numbers compared to where we were in 2019.” “Flattish to moderate growth is good if we keep close to where we are now,” Lawton said. The control board told the state’s Economic Forum in December that monthly gaming revenue model predictions for the coming year show a roughly 1.5 percent gaming revenue decline statewide with Strip revenue showing no increase. Lawton suggested the monthly gaming revenue increases may moderate during 2023. During the streak, the state’s monthly gaming revenue total has surpassed Nevada's previous statewide record of $1.16 billion set in October 2007 in 15 different months, including July 2021’s current single-month record of $1.36 billion. Nevada has experienced 22 straight months of $1 billion or more in gaming revenue. “The state’s combined markets outside of the Strip only increased by 0.2 percent, or $914,000 compared to December 2021.”

“The Strip accounted for the majority of the statewide increase in December,” said control board senior economic analyst Michael Lawton.

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