Nevada's Casino Revenue Rises in October 2017

According to state data, there have been year-over-year increases in gross revenues in each of Nevada's markets except for the north shore of Lake Tahoe. Overall, Northern Nevada’s casinos reportedly did solid business in October, with a 3.3 percent increase in October 2017's revenue, against October 2016. 

The report by the Nevada Gaming Control Board also shows that for the first four months of the current fiscal year, Washoe’s total revenues are running nearly 6 percent above the pace of 2016, the report showed.

Within the county, casinos in Reno saw a 3.3 percent rise and casinos in Sparks saw a slight half-percentage point increase. But resorts in Incline Village and Crystal Bay at Tahoe saw a 3.5 percent decline.

At Tahoe’s south shore, casinos at Stateline in Douglas County saw the region’s biggest increase, 16.2 percent, over October 2016.

Along the Carson City-Carson Valley corridor, gaming establishments’ October revenues rose a fraction of a percentage point.

In northeastern Nevada, casinos in Elko County saw a half-point rise in October.

However, to counterbalance this trend, casinos on the Las Vegas Strip -which by itself generates more than one-half of the statewide total- saw a 6 percent drop in gaming revenues from October 2016.