Nevada gaming revenue passes the USD 1B mark in May

The Gaming Control Board said the slightly more than $1 billion won by state casinos marked a 3.33 percent increase from May 2014. For the fiscal year, however, gaming revenue is still down 0.99 percent.

Every reporting area in Clark County saw revenue increases compared to 2014. May was a big month for events in the county, with the Mayweather-Pacquiao boxing match and the Rock in Rio music festival.

On the Strip, which accounts for more than half the state total, gaming revenue rose 1.39 percent from last year to $601.2 million.

Slot revenue there increased 11.93 percent to $272.5 million, and sports pool revenue rose 92.2 percent to $9.7 million. Baccarat revenue, meanwhile, decreased 36.09 percent to $109.2 million.

Downtown Las Vegas casinos reported $44.6 million in revenue, up 15.45 percent from last year. North Las Vegas and the Boulder Strip also saw double-digit increases for the month, with gaming revenue in those areas rising 14.96 percent and 10.47 percent, respectively.

In Laughlin and Mesquite, gaming revenue increased 1.55 percent and 3 percent, respectively.

Washoe County casinos had a good month, too. Revenue there was up 2.42 percent from 2014 to $70.6 million. In Reno, gaming revenue was $52.9 million for the month, up 1.53 percent from last year.

The state collected $62.8 million in taxes on May’s revenue, up 14.26 percent from 2014.