Las Vegas Sun

October 22, 2014

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Gaming revenue up 11.9 percent statewide, 22.5 percent on Strip

CARSON CITY — Nevada casinos reported gaming revenue of $875.9 million in November, an 11.9 percent increase over the same month a year ago.

Las Vegas Strip casinos, meanwhile, reported a 22.5 percent increase in their win before expenses and taxes, according to the state Gaming Control Board. Gross win was $529.4 million in November.

The state collected $49.9 million in gaming taxes in November, a 9.2 percent increase.

Michael Lawton, senior research analyst for the board, said an extra Saturday this November helped push the win higher.

Elsewhere in Clark County, however, revenue was down.

Casinos in downtown Las Vegas were off 1.3 percent; North Las Vegas fell 13.3 percent; Laughlin declined 13.6 percent; the Boulder Strip dropped 8.8 percent; and Mesquite was down 2.4 percent.

Gaming win at casinos in the balance of Clark County inched up 0.8 percent.

Washoe County posted a 14.3 percent gain in casino winnings; South Lake Tahoe was down 1.9 percent; and Carson Valley area casinos reported a 7.4 percent increase.

Among the 164 Nevada casinos with table games, blackjack win was up 64 percent and baccarat was up 81 percent. With football season in full swing, revenue generated by sports betting increased 474 percent.

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