Best since 2008

Nevada casinos won USD 11.1 billion last year

2014-02-03
Reading time 1:35 min
(US).- Nevada casinos ended 2013 with a strong win of USD 1 billion in December, up 9.6 percent from the same month in 2012. The state Gaming Control Board reported that the industry’s gross win for the year was USD 11.1 billion, an increase of 2.5 percent from 2012 and the most since 2008.

The board reported that 58.4 percent of the 2013 statewide win came from Strip casinos, the largest percentage recorded. “It’s been increasing every year,” board analyst Michael Lawton said. In 2004, the Strip accounted for 50.5 percent of the state’s gaming win. He attributed the growth to the increasing popularity of baccarat. In 2003, the baccarat win amounted to 7.6 percent of money won on the Strip; last year it was 24.4 percent.

Lawton said the increase in December was paced by baccarat, which registered its second-highest win ever of us$ 242.9 million. In December, Las Vegas Strip casinos reported revenue of us$ 664.2 million, up 12.9 percent. The win at the baccarat tables was up 32 percent and the slot machine win was up 16.4 percent.

The win was down 12.5 percent for blackjack, 16.3 percent for craps and 22.9 percent for roulette. For the year, the winnings at Las Vegas Strip casinos was us$ 6.5 billion, a 4.8 percent increase from 2012.

The win in December was up 12.9 percent to us$ 41.7 million at downtown Las Vegas casinos, 24.3 percent to us$ 24.1 million at North Las Vegas casinos and 15.5 percent to us$ 67.4 million at Boulder Highway casinos.

The board said winnings in Laughlin dropped 8.9 percent to us$ 30.2 million, in Mesquite increased 0.5 percent to us$ 9.2 million and in the balance of Clark County increased 7.2 percent to us$ 86.2 million. Winnings in Washoe County fell 0.9 percent to us$ 55.3 million, in South Lake Tahoe fell 24.6 percent to us$ 15.7 million and in the Carson Valley area dipped 1.8 percent to us$ 7.7 million.

For downtown Las Vegas casinos, the gross win for 2013 was us$ 500.9 million, down 1.6 percent; Laughlin was off 1.5 percent to us$ 455.1 million; casinos on Boulder Highway reported a decline of 1.2 percent to us$ 786.9 million; North Las Vegas fell 5.3 percent to us$ 259.1 million; Mesquite was off 3.7 percent to us us$ 113.1 million; and the balance of Clark County had a 1.9 percent increase to us$ 1 billion.

Related topics:
Leave your comment
Subscribe to our newsletter
Enter your email to receive the latest news
By entering your email address, you agree to Yogonet's Terms of use and Privacy Policies. You understand Yogonet may use your address to send updates and marketing emails. Use the Unsubscribe link in those emails to opt out at any time.
Unsubscribe
EVENTS CALENDAR