Nevada Gaming Control Board: South Shore casino revenue down 12 percent

Submitted by paula on Tue, 07/30/2019 - 3:21pm

The Nevada Gaming Control Board released its monthly report today and casinos on the south shore of Lake Tahoe posted a 12.05 percent drop in revenue when compared to June 2018.

Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $1,040,994,041 for the month, an 11.57 percent increase compared to June 2018, when licensees reported a gaming win of $933,019,638. For the fiscal year (July 1, 2018 through June 30, 2019), gaming win for the state has increased 0.80 percent.

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

At Stateline, casinos in June reported a win of $16,461,499, up $2,255,781 from 2018. On the North Shore, casinos had a win of $2,126,009, down 4.23 percent and in Carson City and the Carson Valley their revenue of $9,396,985 was up 3.44 percent.

To view June's recap: http://southtahoenow.com/story/06/27/2019/gaming-revenues-rebound-lake-tahoe-drop-almost-6-statewide