nevada gaming control board
South Shore casinos win big in June; End fiscal year ahead of 2014
Submitted by paula on Tue, 07/28/2015 - 9:48am
The Nevada Gaming Control Board released their figures today for the month of June, 2015 and they show Stateline casinos bringing in $17,613,209 for the month, which is 44% above the same period in 2014. This is the biggest increase in the state which saw a loss of 8.37%.
This reporting period wraps up the fiscal year. The South Shore is up $11,567,637, of 5.66%, over last year.
The biggest loss when compared to last year was the Las Vegas Strip which saw a 16.31% decrease with their take of $445,510,980.
South Shore casinos have net 'win' of $16,150,457 in May
Submitted by paula on Fri, 06/26/2015 - 7:56am
The Nevada Gaming Control Board released their May casino win/loss figures today, and casinos on the South Shore of Lake Tahoe had a net 'win' of $16,150,457 in May, down 6.76% from 2014.
The local casinos experienced a "win" of $16,150,457. This amount is down 6.76% from May of 2014.
For the fiscal year, the South Shore is up $6,184,822 over last year (the fiscal year runs from July 1 to June 30).
When reviewing the whole state of Nevada, the downtown Las Vegas did the best with a 15.45% increase in gaming win. The South Lake Tahoe casinos had the biggest percentage of loss.
South Shore casinos post big win in April
Submitted by paula on Fri, 05/29/2015 - 8:12am
South Shore casinos are faring better than last year, so far.
Figures released by the Nevada Gaming Control Board today show they had a big month in April, 2015 with a gain of 56% over last year. Harrah's, Harvey's, MontBleu, Hard Rock and Lakeside had a net win of $14,520,821.
This boost brings the casinos' year-to-date figures up to a 4.21% gain over last year. So far, the casinos in Stateline have a net win $182,247,183.
Overall, the state of Nevada fared well with a gain of 5.39&.
Casinos on the South Shore lose in March; Gaming figures down 6.8%
Submitted by paula on Wed, 04/29/2015 - 9:46pm
The Nevada Gaming Control Board released their figures for the month of March, 2015 and they show Stateline casinos bringing in $13,911,206 which is 6.83% down from the same period in 2014.
For the fiscal year, the South Shore is up $1,915,009 over last year.
When reviewing the whole state of Nevada, the Boulder Strip once again did the best with a 18.97% increase in gaming win. The biggest loss when compared to last year was North Lake Tahoe which saw a 15.31% decrease with their take of $1,529,528.
The state "win" figure is down 3.15% with income of $951,245,276.
South Shore casinos keep "win" figures on the positive side in February
Submitted by paula on Tue, 03/31/2015 - 10:49pm
The Nevada Gaming Control Board released their February casino win/loss figures today, and the South Shore casinos experienced a "win" of $15,575,141. This amount is up 5.66% from February of 2014.
For the fiscal year, the South Shore is up $2,934,706 over last year.
When reviewing the whole state of Nevada, the Boulder Strip did the best with a 10.59% increase in gaming win. The biggest loss when compared to last year was the Las Vegas Strip which saw a 4.38% decrease with their take of $531,348,04.
South Shore casinos have net loss of $89,263,931 in 2014
Submitted by paula on Sun, 01/11/2015 - 12:17am
The Nevada Gaming Control Board released figures Friday that show the Douglas County casinos on the South Shore of Lake Tahoe had a net loss of over $89 million in Fiscal Year 2014. Their total gaming revenue was $184,671,937 which is down 6.1% from the previous year. Total revenue including hotel, food and beverage was $337,090,380, down 3.6%.
In Nevada there were 270 casinos which grossed more than $1 million in FY2014. Together they took in $23,075,800,492 and is a net loss of $743,688,008.
Casinos on the South Shore win almost $24M in September
Submitted by paula on Tue, 10/28/2014 - 9:32pm
South Shore casinos posted a win for the second month in a row in September, ending up 7% above the same month last year according to the monthly report released today by the Nevada Gaming Control Board.
Casinos took in $23,781,570 for a month that saw an overall loss for the state of 5.96%. The state took in $901,697,989.
The biggest "winner" in the state were the casinos on the Boulder Strip who saw an increase of 14.28% while the opposite end of the spectrum were North Lake Tahoe casinos who's win was down 15.44%. They took in $2,194,567.
South Shore casinos hit the jackpot in August
Submitted by paula on Fri, 09/26/2014 - 7:18am
Casinos on the South Shore of Lake Tahoe had a gaming win of $28,419,413 in August, up 32.64% from the same month a year ago according to the Nevada Gaming Control Board (NGCB).
In figures released today, the NGCB shows the whole state of Nevada was down 3.66% with a net win of $920,291,644.
The gaming win represents the computed income of casinos before business expenses and taxes.
The South Shore casinos led the state in wins while casinos in North Lake Tahoe and Mesquite had the biggest losses at 7.25% and 6.64% respectively.
South Shore casinos dealt losing hand to start off new fiscal year
Submitted by paula on Thu, 08/28/2014 - 7:30am
Casinos on the South Shore of Lake Tahoe had a gaming win of $25,079,065 in July, which is down 22.5% from the same month a year ago according to the Nevada Gaming Control Board (NGCB).
In figures released today, the NGCB shows the whole state of Nevada almost equal to last July's reported gaming win with $931,819,621 taken in during the month, up .65% from July of 2103.
The gaming win represents the computed income of casinos before business expenses and taxes.
Douglas County Sheriff Candidate Dave Brady: Our Quality of Life is Being Threatened
Submitted by paula on Wed, 05/14/2014 - 10:54pm
South Tahoe Now sent a questionnaire out to all of the candidates for Douglas County Sheriff. We will be posting them in the order received. This is the second of three to be received.
1. What do you see as the biggest challenge facing the Douglas County Sheriff’s Department?
Stateline Casinos Have Another Losing Month in January
Submitted by paula on Fri, 02/28/2014 - 8:04am
Casinos at South Lake Tahoe saw a 12.43% drop in gaming profits for the month of January, 2014 according to a report released today by the Nevada Gaming Control Board.
The Stateline casinos took in $14,698,597 in gaming-related profits or "win" in January, down from the prior year's $16,784,196. Their fiscal year to date change is a decrease of 3.44% with $136,138,827 in gaming revenues.
Stateline Casinos Loose Big in December
Submitted by paula on Fri, 01/31/2014 - 8:14am
Casinos at South Lake Tahoe saw a 24.68% drop in gaming profits for the month of December, 2013, according to a report released today by the Nevada Gaming Control Board.
The Stateline casinos took in $15,781,736 in gaming-related profits or "win" compared to December 2012.
The state saw an over all gain in profit of 9.61%.
Stateline casinos saw the largest drop in win, and North Las Vegas had the biggest gain, 24.38%
Stateline Casinos Have Biggest Drop in Gaming Revenues in the State
Submitted by paula on Wed, 11/27/2013 - 9:06am
Casinos at South Shore Lake Tahoe saw a 22.5% drop in gaming profits for the month of October, the Nevada Gaming Control Board reported today. The rest of the Silver State saw a drop of 2.58%.
The Stateline casinos took in $12,291,710 in gaming-related profits or "win" compared to October 2013.
There is still come good news for the local casinos, they still lead the state with a 3.22% gain in gaming win for the fiscal year which started July 1.
The net revenue for Nevada was $954.331,806.
South Lake Tahoe Casinos Win in September
Submitted by paula on Thu, 10/31/2013 - 9:14am
Casinos on the south shore of Lake Tahoe won $22,188,166 in the month of September, 2013, up 23.19% over the same period in 2012. This brings the win since July 1 to $75,985,370 according to the Nevada Gaming Control Board.
Overall, the state of Nevada gained 7.41% over the previous year, bringing their September win to $958,805,870. The Carson Valley and Carson City casinos won $8,455,170 which is was a loss of just over 4% from 2012.
Stateline casinos lead Nevada in July gaming profits
Submitted by Editor on Fri, 08/30/2013 - 7:20amCasinos at South Shore Lake Tahoe led the Silver State in gaming profits for the month of July, the Nevada Gaming Control Board reports Friday.
Casinos in Stateline took in $32,371,760 in gaming-related profits or "win" compared to July 2012, a 9.23 percent increase.
Las Vegas strip casinos saw the biggest decrease in gaming profits for the month, seeing a 14.40 decline from July 2012.
South Shore Lake Tahoe casinos lead state in December gaming revenue
Submitted by Editor on Fri, 02/08/2013 - 10:20amSouth Shore Lake Tahoe casinos took in an impressive amount of gaming business over December and the Christmas holidays, taking in the most gaming win revenue for the month, figures from the Nevada Gaming Control Board show.
From Dec. 1 to Dec. 31, 2012, casinos in the Stateline corridor took in $20,952,920, a 57 percent increase over gaming figures for the same period in 2011, according to the Gaming Control Board.
Fans bet record $98.9M in Nevada on Super Bowl
Submitted by Anonymous on Mon, 02/04/2013 - 4:07pmLAS VEGAS (AP) - Sports fans bet a record $98.9 million at Nevada casinos on the Super Bowl, the Nevada Gaming Control Board said Monday.Unaudited tallies show 183 sports books made $7.2 million on...
Text of Nevada Gov. Brian Sandoval's State of the State address
Submitted by Editor on Wed, 01/16/2013 - 7:20pmAs Prepared for Delivery Wednesday, Jan. 16, 2013:
Madam Speaker, Mr. President, Distinguished Members of the Legislature, Honorable Justices of the Supreme Court, Constitutional Officers, Senator Heller, honored guests ...
South Shore Lake Tahoe casinos hit big during November
Submitted by Editor on Thu, 01/10/2013 - 8:02amNovember figures for South Shore Lake Tahoe casinos show the largest spike statewide in earnings or "win" at 26.63 percent over November 2011 profits, according to the Nevada Gaming Control Board.
South Lake Tahoe casinos took in $17,734,866 in November 2012 compared to $14,005,506 in 2011.
South Shore Lake Tahoe casinos report 5 percent increase in September
Submitted by Editor on Thu, 11/08/2012 - 7:46amSouth Shore Lake Tahoe casinos saw a five percent increase in September gaming numbers, the Nevada Gaming Control Board reports Thursday.
Casinos took in a gaming "win" of $18,011,866 in September, compared to $17,252,560 over September, 2011.
North Lake Tahoe casinos saw a 6.82 pecent increase over September 2011 figures taking in $2,755,365.
Stateline gaming plunges 19.45 percent in August
Submitted by Anonymous on Thu, 10/11/2012 - 12:08pmThe Stateline gaming win dropped to near their lowest levels for August, according to figures released Thursday by the Nevada Gaming Control Board.Stateline casinos took in $22.01 million, down ...
South Shore Lake Tahoe casinos see August gaming loss
Submitted by Editor on Wed, 10/10/2012 - 8:33amGaming profits for South Shore Lake Tahoe area casinos tumbled in August, falling 19.45 percent over profits during the same period last year, the Nevada Gaming Control Board reports Wednesday.
South Shore casinos took in a total gaming profit of $22,016,651 for the month, while in August 2011 they took in $27,331,777.
Statewide casinos saw a 3.11 decrease in "gaming win" over the same period last year, the state's gaming regulator reports. Nevada casinos took in gaming profits of $859,240,472 for the month of August. In August 2011 it was $886,835,278.
Gaming executives gather at Lake Tahoe to learn; face-off in competition
Submitted by Editor on Thu, 10/04/2012 - 4:06pm
Top gaming executives from around the world with gather in Lake Tahoe next week to sharpen their management skills, discuss current topics relevant to the gaming industry and hear from industry experts. They will also spend time all week preparing to face off against one another in teams at the end of week, in a competition where each team has to address a hypothetical, gaming-related management challenge – a battle of the best in gaming.
July gaming 'win' for South Shore Lake Tahoe casinos dips slightly
Submitted by Editor on Mon, 09/10/2012 - 6:48amGaming profits for South Shore Lake Tahoe area casinos fell slightly by 0.58 percent in July, the Nevada Gaming Control Board reported Monday.
Casinos in Stateline took in $29,635,805 in July of this year compared to $29,808,523 in July 2011. Casinos at North Lake Tahoe had a gain of 5.3 percent, while Carson Valley casinos, including those in Carson City, Minden and Garderville, dropped slightly, at 0.19 percent. The Las Vegas Strip was the big taker for Nevada casinos, with a 27.51 percent gain over 2011 figures.
Lake Tahoe South Shore area casinos post 17 percent gaming revenue increase in June
Submitted by Editor on Thu, 08/09/2012 - 6:59amGaming revenue, known as "win" for South Shore Lake Tahoe area casinos posted a 17 percent increase for the month of June, the Nevada Gaming Control Board reported on Thursday.
South Shore casinos took in a win of $16,555,235 in June compared to $14,128,801 during the same period in 2011.
Meanwhile, North Lake Tahoe casinos saw a 29.26 percent increase, taking in $2,417,863 for June.
Carson City area casinos, which include the areas of Minden and Gardnerville in Douglas County, had a 1.11 percent gain over June 2011 taking in $8,229,305.
Carson Valley, South Shore, casinos take hit in May
Submitted by Anonymous on Thu, 07/12/2012 - 10:44amMINDEN - Casinos in the Carson Valley area took in about 10 percent less in gaming win in May compared to the same month last year, according to data released by the Nevada Gaming Control Board....
South Lake Tahoe area casino 'win' down nearly 27 percent for May
Submitted by Editor on Thu, 07/12/2012 - 9:54amSouth Shore casinos reported a drop in monthly gaming "win" for May, according to the Nevada Gaming Control Board on Thursday. Casinos at Stateline report a 26.93 percent decrease compared to May 2011. Casinos in May took in $13,338,804. In the same period 2011 the "win" was $18,254,103.
South Shore Lake Tahoe casinos see 4.3 percent decline in April 'win' revenue
Submitted by Editor on Tue, 06/12/2012 - 6:35amSouth Shore Lake Tahoe gaming "win" at Stateline casinos for the month of April was down 4.43 percent over April 2011 figures, according to the Nevada Gaming Control Board.
North Lake Tahoe saw a steep decrease in win of 15.82 percent over 2011 figures, and the Carson Valley area, which includes Carson City, Minden and Gardnerville, had gaming revenue for casinos down 3.08 percent for the same time last year.
Year-to-date figures for South Shore Lake Tahoe remains in the plus category at 3.74 percent.
Regulators: Nevada Online Poker in 7-10 Months
Submitted by Editor on Mon, 05/14/2012 - 6:00pm
Americans could see the first U.S.-based licensed and regulated real-money poker site this holiday season.
At Monday’s Gaming Policy Committee meeting in Las Vegas, Nevada Gaming Control Board Chairman Mark Lipparelli said that the Silver State will likely issue its first licenses in 30-60 days — and it will probably take another six to eight months after that before games are running.
Despite efforts from a handful of other states, Nevada remains the only jurisdiction in the country where online poker is legislatively authorized.
Nevada casinos see their profits, revenue rise in 2011
Submitted by admin on Fri, 01/06/2012 - 11:37amThe Nevada Gaming Control Board released its Nevada Gaming Abstract for 2011 today, which shows profits for Nevada casinos rose 16.4 percent. But for South Shore casinos, profits dropped 72 percent.
Read the report below:
Stateline casino win up in October
Submitted by Anonymous on Fri, 12/09/2011 - 12:25pmTahoe in the fall, the tourists keep coming. The Las Vegas Strip was up 13.3 percent, downtown Vegas up 8.1 percent, and Reno down 12.3 percent, according to the Nevada Gaming Control Board on Friday....
September casino revenue declines
Submitted by Editor on Wed, 11/09/2011 - 8:27amNevada casino winnings declined nearly 6 percent in September over 2010 figures, with South Shore Lake Tahoe down 14 percent, the Nevada Gaming Control Board reports. Carson Valley casinos, which include Carson City, saw a slight decline at 2.54 percent.
Statewide Nevada casinos report a 5.8 percent decrease compared to September 2010.
Lake Tahoe casinos at Stateline continue winning streak
Submitted by Editor on Tue, 10/11/2011 - 10:30amLake Tahoe casinos at Stateline continued healthy gains this summer, taking in $27.3 million in August, a 16.2 percent increase over 2010 figures for the same month, the Nevada gaming control board reports today.
Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $886,861,912 for the month of August 2011, 6.10 percent decrease compared to August 2010, when licensees reported a gaming win of $944,457,344. Gaming profits in Stateline in August 2010 were 23,518,599.
Stateline casinos see 25 percent revenue increase in July
Submitted by Editor on Mon, 09/12/2011 - 7:27amGood news for South Shore Lake Tahoe casinos to report this morning. Stateline gaming establishments saw a 25.42 percent increase in revenue over July 2010 figures, according to figures released today from the Nevada Gaming Control Board.
Statewide casinos had an overall 3.66 percent increase in "gaming win" for the month.
