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Nevada July 2015 Gambling Numbers
Sunday, August 30, 2015 : NEVADA GAMBLING REVENUES DOWN IN JULY FOR SECOND MONTH RUNNING
Volatile high roller baccarat sector continues to cause problems.
For the second month running Nevada gambling revenues have declined, according to statistics released Friday by the Nevada Gaming Control Board.
Overall gaming win came in at $922.8 million, a year-on-year decline of 1 percent; the fall was more pronounced on the Las Vegas Strip, where it was 2.1 percent down to $524.9 million.
Downtown Las Vegas casino revenue was better - up 6.5 percent, whilst the rest of Clark County delivered an increase of 6 percent and the balance of Clark County locations increased revenue 6 percent.
The Boulder strip performed miserably - down 11 percent, and North Vegas recorded a drop of 9.4 percent.
In the northern and more rural areas of the state the news was brighter; Washoe County revenues were up 4.8 percent, with Reno performing particularly well as revenues increased by 6 percent. Elko County did even better, with revenue growth of 10 percent, and Elko itself rising to 14 percent.
Carson Valley was up 10.3 percent.
Overall slot machine revenue was up 5.5 percent at $600 million, but high-earning baccarat declined year-on-year by 23 percent to $104 million in revenue terms, and based on total handle performance is down by almost a third, impacting performance and attributed to Asian fall-off due to crackdowns on wealthy punters. Overall baccarat revenues have been in decline for 10 of the past 12 months.
"A lot of the anti-graft campaign has impacted how those customers are spending their money," said Michael Lawton, senior research analyst at the Board.
Nevada does not strip out online poker results, but the card games statistics show a low level of action in general with revenue of $11.5 - less than a percentage point up y-o-y.
$56.9 million accrued to the state through gambling taxes - up 7.48 percent year-on-year.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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