South Shore casino income drops in October

After the first three months of the fiscal year had positive gains in income for casinos on the South Shore, October brought an abrupt halt to that trend with a large loss. When compared to a year ago, the casinos at Stateline showed a 22.17 percent drop from October 2015figures.

This was the largest loss of any area in the state of Nevada, according to the Nevada Gaming Control Board who released the monthly figures Tuesday.

South Shore casinos had gaming wins of $14,175,046 in October, $87,807,469 since July 1, 2016. With a strong start to the fiscal year, South Shore casinos are still on the positive side, with an increase in gaming win of 7.53 percent.

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

Nevada as a whole was up 11.12 percent in October with a "win" of $986,203,125. The largest gain was recorded in Las Vegas, the downtown area up 29.54 percent and North Las Vegas up 29.30 percent.