International edition
September 29, 2020

On the Strip, gaming revenues grew 21.1 % during the month

Nevada gaming revenues jump 11.5 % in August

(US).- Nevada casinos reversed five straight months of gaming revenues declines in August with an 11.5 % increase. The Gaming Control Board reported this morning that Nevada casinos collected us$ 944.5 million from customers in August compared with almost us$ 847 million in the same month last year.

T

he figure was only the second monthly increase this year. On the Strip, gaming revenues grew 21.1 % during the month. Strip casinos collected us$ 544.3 million from customers in August, compared with almost us$ 450 million a year ago.

Strip casinos had fared better than the rest of state this year. In July, gaming revenues were flat while monthly revenues increased twice this year including a nearly 33 % hike in February. The rest of Clark County was a mixed bag. North Las Vegas casinos were 13.6 %, but downtown, Laughlin and Mesquite all showed declines. Gaming revenues in Clark County as a whole were up 13.6 %.

Gaming tax collections based on the August revenues were almost us$ 61.8 million, an increase of 24.4 % compared with us$ 49.7 million collected in the same period a year ago. For the first three months of the fiscal year, gaming tax collections are up 1.3 %.

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