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Nevada Gaming Control Board statistics for the month of May 2010 were released Wednesday, showing disappointing declines in revenue.
Land gaming revenues across the state were $847.2 million in May, compared with nearly $889.2 million in the comparable period in 2009.
Casinos operating on the Las Vegas Strip were hard hit, reporting a 6.4 percent drop to $450.2 million, mostly due to successful baccarat players making inroads into profits.
"Baccarat has been a big positive for Nevada, but not in May," said Frank Streshley, a spokesman for the Gaming Control Board, reporting that gamblers on The Strip bet $734.8 million on the game, an increase over the same period last year of 7.1 percent.
However, the hold on baccarat declined to 8.26 percent from the norm of 13.35 percent, hammering the casinos and leaving them with 37.1 percent less hold than last year..
During May, Nevada land casinos won $565 million from slot machines, down less than 1 percent from a year ago. Punters put $9.3 billion into the slots, down 7.5 percent.
The casinos in the gambling state won $269.9 million on table games, a reduction of 13.9 percent compared to last May, as gamblers wagered $2.5 billion, up 1.3 percent from the same period in 2009.
However, over the five months of this year for which statistics are available, Nevada gaming revenues have declined less than a percentage point overall.
Casino revenues in Clark County fell 4.4 percent, but two revenues on the Boulder Strip were up 5 percent while North Las Vegas casino revenues rose 8.8 percent.
Downtown casino revenues declined to $42.9 million from $43.2 million, a 0.7 percent drop and the lowest decline the market has seen since June 2008.
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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