Las Vegas Sun

April 25, 2024

Casino win on Strip, statewide drops in June

Aerial Photos: May 21, 2012

Steve Marcus

A view of the Las Vegas Strip taken from a helicopter May 21, 2012.

CARSON CITY β€” For the third time in the last four months, the casino gambling win on the Las Vegas Strip dropped, falling 4.5 percent in June. Statewide, it was off 6 percent compared to the same month a year ago.

This follows an 18.1 percent drop on the Strip in May.

For the fiscal year that ended June 30, the win on the Strip was about flat, up 0.6 percent.

Every casino area in Clark County, except Mesquite, posted lower winnings. In North Las Vegas and Laughlin, the win was down by more than 20 percent for the month.

The board said the win in June at the 37 casinos on the Strip totaled $483.7 million, compared to $506.7 million in the same month a year ago.

β€œIt was a lousy quarter,” said Michael Lawton, senior research analyst for the state Gaming Control Board.

The only bright spots on the Strip were roulette winnings, which were up 33 percent and sports betting, which saw an increase of 128 percent, largely the result of betting on basketball during the NBA playoffs.

Strip casinos reported the house win on blackjack was off 4.8 percent; craps fell 21.9 percent; the baccarat win dropped 3.9 percent; and the slot win fell by 4.5 percent.

The board reported the casino win in downtown Las Vegas fell 12.7 percent; North Las Vegas was off 26.1 percent; Laughlin casinos registered a drop of 20.3 percent; and the Boulder Strip declined 22.8 percent.

Casinos in Mesquite reported a 5.2 percent increase in gaming win, while the balance of Clark County had a 4.3 percent decline.

Casinos in Northern Nevada, meanwhile, experienced gains.

The board said Washoe County casinos posted a 7.2 percent gain in gambling win; South Lake Tahoe jumped 17.1 percent; and Elko County and Carson City each registered a 1 percent increase from June a year ago.

Statewide, the gambling win for the fiscal year that closed June 30 was $10.7 billion, up 0.66 percent.

The state collected $38.2 million in taxes based on the June business, a 27.4 percent decline.

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