Gaming revenues down in state as casinos start back up after closures

STATELINE, Nev. - Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $566,806,791 for the month of June 2020, the first month casinos started to reopen in the state after being closed due to the coronavirus. This amounts to a 45.55 percent decrease compared to June 2019, when licensees reported a gaming win of $1,040,978,076 according to the monthly report released today by the Nevada Gaming Control Board.

Casinos on the South Shore of Lake Tahoe had a "win" of $13,080,609, down 20.54 percent from June 2019. Harrah's, MontBleu and Hard Rock reopened on June 4, with Harveys not reopening until June 30. The Lakeside closed permanently in April.

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

The State collected $344,027 in percentage fees during the month of June 2020, down 99.39 percent.

Some casinos actually showed a slight increase in revenue from 2019, those in Mesquite and casinos in Washoe County not in Reno, Sparks or North Lake Tahoe. The North Shore casinos posted a win of $1,634,685, down 23.11 percent from the previous year.

The rest of Douglas County had a "win" of $9,234,538, a 1.73 percent decline.

Since July 2019, South Shore casinos have reported a win of $55,077,000 on table games, $188,389,000 on slot machines, $3,452,000 on football games and $589,000 on basketball games. Their fiscal year has been $188,389,365 in "win", down -15.40 percent to date.