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
SBC Summit 2025
16 de September 2025
Amatic Shines at SBC Summit Lisbon with Innovation and Legacy
(Lisbon, SoloAzar Exclusive).- At SBC Summit Lisbon, Amatic showcased a combination of continuity and innovation across its two brands, Amatic Online and Wildcat Gaming. Exclusive testimonials.
Friday 03 Oct 2025 / 12:00
Sportradar at SBC Summit Lisbon 2025: AI, Integrity, and Brazil’s Rising Influence in Global Gaming
(Lisbon, SoloAzar Exclusive).- Fernando Mora, Senior Sales Executive at Sportradar, reflects on a milestone presence at SBC Summit Lisbon 2025, where innovation, responsible growth, and Brazil’s emergence took center stage. Discover how Sportradar is shaping the future of sports betting through AI-driven solutions and global partnerships.
Thursday 02 Oct 2025 / 12:00
ProntoPaga Strengthens Its Position at SBC Summit Lisboa as a Leader in Digital Payments for iGaming in Latam
(Lisbon, SoloAzar Exclusive).- Juan Carlos Loza, Head of Sales Latam at ProntoPaga, shared the company’s achievements and progress during SBC Summit Lisboa 2025, where they reached a record number of strategic meetings. The team presented their 360° solution for the iGaming ecosystem, highlighted their leadership in local payments and instant payouts, and outlined the tech trends set to shape the future of the sector in Latin America.
Wednesday 01 Oct 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.