Nevada casino winnings jump back above $1B mark in May

Nevada casino winnings jump back above $1B mark in May

June 30, 2018 8:13 AM
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Nevada casino winnings jumped back above the $1 billion mark in May, the Nevada Gaming Control Board (NGCB) revealed Friday.

State gambling outlets won $1.04 billion in May, a 9.4 percent increase from April and 5.3 percent ahead of May 2017.

In April, Nevada casinos earned $954 million from gamblers, the first time since January the monthly statewide figure had fallen below $1 billion.

For the fiscal year running from July 1 through May 31, the win total is now $10.9 billion, a 3.14 percent increase from the same 11 months a year ago.

The Las Vegas Strip enjoyed a major winnings increase of more than 6.3 percent from May 2017, to $581.5 million, representing more than half the statewide win

The only declines statewide compared to May 2017 were in downtown Las Vegas, 3.5 percent, and the Boulder Strip, 0.2 percent. The Mesquite region, near the state’s Utah border, was up 5.9 percent.

In Northern Nevada, Washoe County casinos enjoyed a 7.1 percent increase compared with the same month a year ago, including 4.6 percent in Reno, 11.4 percent in Sparks and 25.1 percent at North Lake Tahoe. Winnings were up 1.1 percent at casinos on Tahoe's south shore in Stateline on the California line. The Carson Valley area enjoyed an 8.6 percent increase, and Elko a 7.6 percent increase, including 10.1 percent in Wendover.