Monthly gaming figures released: Nevada down, South Shore up
Submitted by paula on Tue, 01/31/2017 - 9:21am
Casinos on the South Shore are once again on the positive end of the monthly income report from the Nevada Gaming Board (NGB) released Tuesday.
For the first half of the fiscal year, a combination of Harrah's, Harvey's, MontBleu, Hard Rock and Lakeside Inn have had positive gains in income with a 7.65 percent increase over the same time period in 2015.
NGB reports that casinos in the area had a "win" of $18,724,329, a gain of 4.31 percent over December 2015. South Shore casinos have a net "win" of $122,510,544 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 $2,507,621, a gain of 24.90 percent from December 2015.The rest of Washoe County also experienced gains in their income figures, up 14.26 percent with an increase of $8,605,146 over last year. These were the highest gains of any casino area in the state. The largest drops in income were seen in North Las Vegas and on the Boulder Strip.
Nevada as a whole was down 2.73 percent in December with a "win" of $956,095,364.
The casinos have paid the state of Nevada $384,745,603 in fees based on this taxable income over the last six months.
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