The LV Strip is one of the designated Nevada Gaming Control Boards reporting areas.
[1] The Strip earns roughly 50% of the gaming revenue from all sources for the state of Nevada.
For the previous 12 months ending 31 August 2009, the Las Vegas Strip earns 83.6% of the pit revenue in Clark County, and 50.6% of the gaming revenue from other sources (slot machines, sports bet, parimutuel, etc.).
After decades of being the top earning game in the pit, blackjack was surpassed by baccarat for the previous 12 months ending 31 August 2009.
In addition a major redevelopment and expansion of the Sahara Hotel and Casino and the Stratosphere Las Vegas were put on hold.
[citation needed] The Triple Five Group was in the process of trying to assemble 27.3 acres (110,000 m2) of North Strip land just south of the Riviera Casino.
Initial offers for selling the uncompleted tower are far less than the raw land value from two years ago.
In reality, the two largest corporate operations in Las Vegas, MGM Mirage and Harrah's Entertainment, in the first quarter of 2009, brought in $5.9 million and $4.1 million per day, respectively, in gaming revenue alone, but this was from all their Las Vegas Strip resorts combined.
But based on the size, age, and relative luxury of the casinos an analyst can guess the top six.
Harrah's Entertainment Corporation only reports aggregate numbers for regions, but their flagship property, Caesar's Palace, is clearly the biggest moneymaker in their portfolio.
Revenue reported by MGM-Mirage for the year ending 31 December 2004 for top Las Vegas casinos owned at this time.
Finally, when the Palazzo casino opened in January 2008, gaming revenue was starting to fall.
The Palazzo was followed by Palms Place, Trump Tower, Wynn Encore, The Cannery, The M Resort, and the yet to open MGM City Center and Fontainebleau.
The statistics are contrasted with those of Downtown Las Vegas where cash sales are still not much higher than the departmental expenses plus the cost of the comped rooms.
The major openings were Wynn Las Vegas and THE Hotel at Mandalay Bay, which were offset by the implosion of several resorts like New Frontier, The Stardust, Bourbon Street, and Castaways.
Because the timeline is unknown the report omits the Fontainebleau Resort Las Vegas which is already topped out, but is currently in bankruptcy.