Nevadan casinos once again crossed the $1bn gaming revenue landmark for the month of May, according to figures released by the Nevada Gaming Control Board.
Recovering from the previous months showing of $953.6m, when April became the first time this year that revenues fell below the nine zero mark, an almost nine per cent turnaround has been recorded.
The overall result of $1.04bn also highlights a 5.29 per cent increase on the same period last year, which gained a casino win of $991.5m, with the North Lake Tahoe area of Washoe County gaining the biggest year-on-year (yoy) rise, soaring a little over 25 per cent from May 2017’s $1.5m to $1.89m this time around.
Clark County was unsurprisingly the best performing of Nevada’s sixteen counties, up 5.10 per cent yoy to $904.5m, and the Las Vegas strip also revealed a healthy increase, reaching $581.4m from $526.7m (6.34 per cent).
The only declines felt for the month were also in Clark County, as downtown Las Vegas fell 3.48 per cent yoy from $55.2m to $53.3m, and the Boulder Strip reporting a slight 0.2 per cent drop.
For the fiscal year (FY) to date, running from July 2017, casino win also showed profits compared to the same period the previous year, increasing 3.14 per cent to £10.88bn from 2017’s $10.5bn.
Elko County posted a 7.54 per cent rise for the fiscal year as opposed to the same period a year ago, its $267m up from $248.3m.
Clark County shows a 2.74 per cent bump, from 9.13bn to $9.38bn, with the strip slightly increasing 1.72 per cent to just a little over $6bn.