South Shore casinos keep "win" figures on the positive side in January

Submitted by paula on Fri, 02/26/2016 - 8:36am

The Nevada Gaming Control Board released their monthly figures for January, and those for casinos on the South Shore show a gain of 9.22 percent.

In January of 2016, casinos had a report gaming win of $15,434,635. A gaming win represents the computed income of casinos before business expenses and taxes.

North Lake Tahoe casinos had the biggest percentage of "win" with a gain of $445,683, up 22.35 percent over January of 2015. The biggest loss was seen on the Las Vegas Strip, where casinos took in a win of $532,275,993, down 7.72 percent.

Nevada’s non-restricted gaming licensees reported a total “gaming win” of $925,316,080 for the month of January 2016. This amounts to a 2.87% decrease compared to January 2015, when licensees reported a gaming win of $952,665,050. For the fiscal year (July 1, 2015 through January 31, 2016), gaming win has increased 0.59%.