South Shore casino income drops 7% in February, Nevada down over 4%

Submitted by paula on Tue, 03/28/2017 - 7:42am

Most regions of Nevada saw a drop in income in February when compared to a year ago, but year-to-date figures are still on the positive side.

Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $945,597,573 for the month of February 2017. This amounts to a 4.48 percent decrease compared to February 2016, when licensees reported a gaming win of $989,909,589. For the fiscal year (July 1, 2016 through February 28, 2017), gaming win has increased 2.71 percent.

For the South Shore casinos in February the "gaming win" was $15,053,021, a 6.93 percent decrease from the same month last year. For the fiscal year, the Stateline area casinos are up 6.37 percent with a "win" of $154,669,111.

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

North Shore casino win of $1,997,455 was down 3.66 percent.
Washoe County - $61,435,743, down 6.70 percent
Carson Valley - $7,899,312, down 3.92 percent

Only one region in Nevada saw a gain. Downtown Las Vegas casinos "won" $51,735,719, up 2.22 percent.