December gaming revenues up 8% in South Lake Tahoe; Nevada sees "win" topping $1 billion

Submitted by paula on Thu, 01/30/2020 - 9:41am

Nevada’s nonrestricted gaming licensees reported a total “gaming win” of 1,057,602,710 for the month of December 2019. This amounts to a 5.79 percent decrease compared to December 2018, when licensees reported a gaming win of $999,678,537 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 $18,169,196, up 8.10 percent from December 2018. In November, the South Shore casinos experienced a decline from the prior year, down 3.07 percent.

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

The State collected $50,439,646 in percentage fees during the month of January 2020.

Casinos in North Las Vegas and the Boulder strip saw the biggest gain, over 20 percent up this December, with casinos in North Lake Tahoe and Reno topping the loss column at 7.17 percent and 2.77 percent respectively.

In the last 12 months, South Shore casinos have reported a win of $65,251,000 on table games, $160,342,000 on slot machines, $2,584,000 on football games and $1,439,000 on basketball games.