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Nevada Casinos Have Lackluster July In Terms Of Gambling Revenue

Money Won From Gamblers Fell 7.97 Percent Compared To July 2012


The Silver State’s casinos won less from gamblers this most recent July than they did during the same period in 2012.

According to a report released Friday by the Nevada Gaming Control Board, nonrestricted gaming licensees reported a total gaming win of $925,729,767 for the month of July 2013. This amounted to a 7.97-percent decrease compared to July 2012, when such gaming facilities reported gaming revenue of $1,005,877,250.

The iconic Las Vegas Strip, which accounted for more than half of the overall gaming revenue in the entire state, fell by a 14.40-percent clip.

The state collected $61,177,073 in percentage fees during August 2013, based upon the taxable revenues generated in July 2013. This figure represented a 9.40-percent ($6,344,724) decrease compared to the prior year’s August, when collections were $67,521,797.

Here is a snapshot of the other months in 2013:

January

Casinos reported gaming win of $909,182,243. This amounted to a 12.44-percent decrease compared to January 2012, when licensees reported gaming win of $1,038,359,335.

February

Casinos reported gaming win of $1,073,255,958. This amounted to a 15.13-percent increase compared to February 2012, when licensees reported gaming win of $932,175,507.

March

Casinos reported gaming win of $914,784,656. This amounted to a 7.04-percent increase compared to March 2012, when licensees reported gaming win of $854,590,337.

April

Casinos reported gaming win of $854,293,047. This amounted to a 0.16-percent decrease compared to April 2012, when licensees reported gaming win of $855,674,603.

May

Casinos reported gaming win of $897,232,001. This amounted to a 1.37-percent increase compared to May 2012, when licensees reported gaming win of $885,086,491.

June

Casino reported gaming win of $792,496,546. This amounted to a 4.81-percent decrease compared to June 2012, when licensees reported gaming win of $832,534,319.

For more news from Nevada, check out its state page.

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