Gaming revenues rebound in Lake Tahoe; Drop almost 6% statewide

Submitted by paula on Thu, 06/27/2019 - 8:24am

The Nevada Gaming Control Board released its monthly revenue report today and casinos on the south shore of Lake Tahoe posted an 11.50 percent increase when compared to May 2018.

Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $981,842,080 for the month, a 5.96 percent decrease compared to May 2018, when licensees
reported a gaming win of $1,044,072,414. For the fiscal year (July 1, 2018 through May 31, 2019), gaming win for the state has decreased 0.12 percent.

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

At Stateline, casinos in May reported a win of $20,094,603, up $2,072,373 from 2018. On the North Shore, casinos had a win of $1,962,778, up 3.60 percent and in Carson City and the Carson Valley their revenue of $9,827,171 is down .12 percent.

To view April's recap: http://southtahoenow.com/story/05/29/2019/monthly-gaming-report-double-digit-drop-lake-tahoe-gaming-....