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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.

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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