Nevada casino win down in May
Friday 28 de June 2019 / 03:14
2 minutos de lectura
(Nevada).- Casinos in Nevada won nearly $982 million from gamblers in May, down almost 6 percent compared with more than $1 billion during the same month a year ago, the Nevada Gaming Control Board reported Thursday.
It was the fifth consecutive year-over-year decrease in statewide "gaming win," and the sharpest monthly decrease this year for the key measurement of state fiscal health.
Las Vegas Strip casino winnings were down more than 11% in May compared with a year ago, which board senior analyst Michael Lawton attributed to baccarat card play.
He said house winnings in the player-versus-dealer card game were about 7.5%, less than half of the more than 16% a year ago. "Volume was steady, but players played luckier than usual," he said. The Las Vegas casino resort corridor contributes more than half of the overall winnings total. Statewide, results were better.
Statewide slot winnings were up 1.5% in May compared to a year ago, marking the eighth increase in nine months. Slot volume was up 3.6%, for the ninth increase in 10 months.
Gambling tax revenues make up about 18% of the state's $14 billion annual budget, second only to sales taxes. Nevada has no state income tax. The report said the state collected $61.3 million in percentage fee taxes based on May figures. That was down 9.8% from the same month in 2018.
Categoría:Casino
Tags: casinos,
País: United States
Event
iGaming Club Conference Cancun
24 de November 2025
Levon Nikoghosyan Confirms iGaming Cancun’s Success and Future LATAM Expansion
(Cancun, SoloAzar Exclusive).- The vibrant energy of iGaming Cancun has set the tone for a new chapter in the Latin American iGaming industry. Levon Nikoghosyan, CEO and Co-Founder of AffPapa and iGaming Club, shared his enthusiasm for the event’s debut in Mexico, highlighting its impact on the regional market and the company’s ambitious plans for the future.
Thursday 04 Dec 2025 / 12:00
iGaming Club Cancún 2025 Concludes Successfully with Strong Connections in Its First LatAm Edition
(Cancun, SoloAzar Exclusive).- iGaming Club Cancún 2025 came to a close last night with a comprehensive experience of conferences, networking, and the AffPapa iGaming Awards LATAM gala, consolidating itself as a unique space for operators, affiliates, and providers in the region.
Thursday 27 Nov 2025 / 12:00
iGaming Club Cancún 2025: Affiliates, Operators, and Innovation Take Center Stage on Final Day
(Cancun, SoloAzar Exclusive).- The second and final day of iGaming Club Cancún 2025 unfolds today, bringing together operators, affiliates, and select B2B providers in a unique networking and conference environment that highlights the evolving dynamics of the Latin American iGaming market.
Wednesday 26 Nov 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.