Monthly gaming report: Lake Tahoe casino revenue sees sharp drop

Submitted by paula on Thu, 03/28/2019 - 9:44am

STATELINE, Nevada - Casinos on both the north and south ends Lake Tahoe saw a big drop in revenue in February 2019 according to figures released today by the Nevada Gaming Control board.

Revenue on the South Shore was $14,571,570, down 26.64 percent from the same month a year ago when revenue was $19,861,878. On the North Shore, their reported revenue of $1,411,965 was down 24.74 percent from February 2018.

Statewide, the revenues reported by casinos was $1,011,538,885, down .62 percent from last year.

The "gaming win" represents the computed income of casinos before business expenses and taxes.

The Carson City and Carson Valley had a "win" figure of $7,524,795, 5.81 percent down.

Casino areas on the plus side of things in the state were all under nine percent ahead of last year. The biggest drop in revenue in Nevada was Stateline and the biggest gain was nine percent in downtown Las Vegas.