South Shore casinos win almost $16M in October

Submitted by paula on Thu, 12/29/2016 - 9:04am

Casinos on the South Shore are once again on the positive end of the monthly income report from the Nevada Gaming Board (NGB) released Thursday.

For three of the first four months of the fiscal year, a combination of Harrah's, Harvey's, MontBleu, Hard Rock and Lakeside Inn had positive gains in income for the month of October.

NGB reports that casinos in the area had a "win" of $15,978,745, a gain of 12.58 percent over the same month in 2015. They led the state of Nevada in the plus column, with a net "win" of $103,786,215 to date this fiscal year.

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

Casinos on the North Shore posted a "win" of 1,563,826, a drop of 10.99 percent from October 2015.

Nevada as a whole was down 1.47 percent in October with a "win" of $930,424,600.

- South Tahoe Now staff report