Nevada Gaming Revenues Up 8.1 Percent In May

Latest numbers show that The Strip enjoyed its biggest single-month increase so far this year

The latest Nevada Gaming Control Board numbers show that in May 2014 Nevada gambling revenues were up year-on-year by 8.1 percent and constituted the biggest single-month rise on The Strip so far in 2014.

Strip casinos collected almost $593 million, a 17.3 percent increase compared to May 2013.

Nevada casinos statewide collected $970.3 million in the month, with the state's three online poker websites pulling in $862,000 during May, which was an 8.8 percent increase over April 2014 results.

Casinos in other regions of Nevada did not do as well as The Strip, with losses reported from downtown, North Las Vegas, Laughlin and the Boulder Strip.

On The Strip, it was again baccarat and high-rolling gamblers that saved the day, with revenues up 85.5 percent to $172.4 million and a lucrative 16.5 percent win rate.

The state collected $56.2 million in gaming taxes during June, based May's gaming revenue figures, which was a decline of 2.43 percent.

Online Casino News Courtesy of Infopowa

More news

here.

About the Author... Total Posts Written: 9,461
Casinomeister

Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
bryan@casinomeister.com

See More Posts