Nevada Gaming Win Up 1 Percent In 2015
Gaming Revenue Down Slightly On The Strip
Casinos in Nevada won $11.1 billion from gamblers in 2015, an increase of 0.9 percent compared to the previous year, according to figures released Friday by gaming regulators.
Gaming win on the Las Vegas Strip accounted for $6.35 billion of that figure, down 0.4 percent compared to 2014. The data showing that gaming win was basically flat is not a surprise.
In the last fiscal year, Nevada’s top grossing casinos had total revenue of nearly $24.6 billion, the most since the $25 billion seen in 2008. Statewide gaming revenue during FY 2015 was $10.6 billion, or 43.2 percent of total revenue. According to research done by the University of Nevada Las Vegas, that’s a historic low. Three decades ago, gaming win represented nearly 62 percent of total casino revenue in the fiscal year.
On the Strip, gaming win was just 34.9 percent of the total revenue of $16.74 billion, also an all-time low. This all means that other revenue sources—hotel rooms, food, beverages, entertainment and retail—are at historic highs in the Silver State.
|1||Josephy Calls Kassouf A Clown On WSOP Broadcast|
|2||Bilzerian Eyes Prop Bet To Recover Poker Losses|
|3||Elton Tsang Wins €1 Million Big One Invitational|
|4||Gambling Site Already Paying Out For Clinton Victory|
|5||Phua Wins 2016 One Drop €100k High Roller|
|6||2016 CPPT Bike Main Event: 18 Players Remain|
|7||Bieber Spotted Playing In Poker Cash Game|
|8||Costner In Talks To Join Sorkin's Poker Movie|
|9||Poker Hand of the Week: What's Your Play?|
|10||Warriors Accomplish Rare Preseason Gambling Feat|
|1||Brunson, Selbst Get In Ugly Twitter Exchange|
|2||Josephy Calls Kassouf A Clown On WSOP Broadcast|
|3||Zachary Smiley Wins WPT Maryland Live! Main Event|
|4||Poker Strategy: Which Hands To Reraise|
|5||Wynn Says Berman Beat Him Up At Poker|
|6||Bilzerian Eyes Prop Bet To Recover Poker Losses|
|7||Poker Strategy: The Preflop Checklist|
|8||Rules Guy: Did William Kassouf Deserve A Penalty?|
|9||Maryland Poker Rooms Rake $2.7M In September|
|10||Sylvia Wins WPT Borgata Poker Open Main Event|