Third consecutive month

Nevada gaming revenue down 3.29 percent

2014-11-27
Reading time 47 seg
(US).- The Gaming Control Board reported that Nevada gaming revenue has declined for the third consecutive month in October. Casinos grossed US$ 913.6 million last month, a 4.26 percent decrease from October 2013. Gaming revenue is down 3.29 percent so far for the fiscal year, which began July 1.

On the Las Vegas Strip, which accounts for more than half of the state’s total, revenue dropped 5.63 percent from last year to US$ 520.3 million. Baccarat revenue there, which accounts for the overwhelming majority of the state’s total for the game, dropped 35.51 percent to USD 97.3 million.

Gaming revenue in downtown Las Vegas, on the other hand, rose a modest 1.22 percent from last year to US$ 47.7 million.

North Las Vegas and the Boulder Strip saw double-digit declines of 14.66 percent and 24.20 percent, respectively.

Laughlin and Mesquite each recorded less dramatic decreases of 4.71 percent and 1.26 percent, respectively.

In all, Clark County’s October gaming revenue was down 6.23 percent from last year. Casinos in Washoe County fared comparatively better, with revenue up 6.78 percent. In Reno, casinos won $46.8 million, a 7.92 percent increase from last year.

Statewide, online poker revenue was just US$ 665,000, a 46.95 percent decline.

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