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Las Vegas Strip leads state in gaming revenue in July

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Howard Stutz, Las Vegas Review-Journal

Nevada gaming revenue increased less than 1 percent in July while Strip casinos saw an increase of 4.8 percent.

During the month, casinos statewide took in $931.8 million from gamblers. Strip casinos collected $536.2 million in revenue.

The figures were released Thursday by the Gaming Control Board.

July’s totals could be viewed as a letdown following June’s 14.3 percent statewide increase, which included a 22.5 percent gaming revenue increase on the Strip.

Several reporting markets in Clark County suffered gaming revenue decreases in July, including the Boulder Strip, downtown and North Las Vegas. On a whole, Clark County gaming revenue increased 2.2 percent in the month.

Nevada’s three online poker websites collected revenue of $985,000 after cracking the $1 million mark for the first time in June.

Northern Nevada casinos had a down month in July. Washoe County, which includes Reno, saw gaming revenue decrease 1 percent as a whole. Reno casinos experienced a 2.3 percent revenue decline. Casinos in South Lake Tahoe had the state’s largest gaming revenue decline in July, down 22 percent.

The state collected $52.2 million in gaming taxes during August, based on the July revenue total, a decline of 14.7 percent. In the first two months of the fiscal year, gaming tax collection are down 7 percent.

This is a developing story. Check back for updates.


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