Nevada Gaming Control Board: South Shore casinos back on the winning side
Submitted by paula on Sun, 04/28/2019 - 11:18pm
STATELINE, Nevada - Casinos on both the north and south ends Lake Tahoe saw a gain in revenue in March 2019 according to figures released by the Nevada Gaming Control board.
Revenue on the South Shore was $15,913,477, up 9.16 percent from the same month a year ago when revenue was $14,577,529. On the North Shore, their reported revenue of $2,085,064 was up 2.2 percent from March 2018.
Statewide, the revenues reported by casinos was $1,022,974,672, down .12 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 $9,173,576, .60 percent down.
South Shore casinos were right behind the casinos in the Elko area in leading the state on gains in March. The biggest loss was seen on the Las Vegas Strip who saw a loss of 3.83 percent.
Since their fiscal year started on July 1, South Shore casinos are down 1.14 percent with their $173,060,578 in revenue.
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.
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