This week’s gambling news finds both Caesars Entertainment and MGM Resorts looking to sell Las Vegas Strip casinos! MGM plans to sell The Mirage, while Caesars has yet to name which Strip casino they plan to move. But why sell any of their Las Vegas casinos when Nevada is in the middle of such a strong economic recovery? On our show from October 12th we reported that casinos in Nevada were on a six-month streak of bringing in over $1 billion in gaming revenue each and every month! And now, here we are in November, and I’m happy to report…

Following the staggered, limited reopening of properties on the Strip, Las Vegas Strip casinos reported just over $230 million in winnings, which is down 61.4% from the same time last year. Downtown on Fremont Street, casinos took in just north of $23 million, which was a drop of nearly 56%.  Collectively, casinos in the state of Nevada made $566.8 million, which is a fall of 45.6%. You can read more about how the Las Vegas Strip casinos did with their June opens when you visit News3 LV.