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May 2016 Nevada Gambling Revenue
NEVADA GAMBLING REVENUES SLIGHTLY LOWER IN MAY
But it was a tough comparison month.
Figures released late Thursday by the Nevada Gaming Control Board revealed that Nevada gambling revenue in May 2016 was $958 million - slightly down on the billion dollars of the comparison period last year, when Las Vegas visitation numbers were higher thanks to the Floyd Mayweather and Manny Pacquiao fight, and the Rock in Rio music festival.
"At the end of the day, we were facing a tough comparison," Board analyst Mike Lawton said. "We dont hit $1 billion too many times. Last May was a hugely successful month that was driven by a strong events calendar."
Revenue on the Las Vegas Strip totaled $531 million in May, down nearly 12 percent compared with May 2015. That means winnings so far this year on the Strip are 3.8 percent lower year-on-year, and overall winnings for the state are down 1.1. percent.
Elsewhere in the state, downtown Las Vegas winnings were up 13 percent to $50 million; Boulder Strip winngs totalled $78 million - up 26 percent;and North Las Vegas revenue was up 28 percent to $27 million. Reno fared less well, with casino revenue down 5 percent at $50 million, and Lake Tahoe also experienced a fall-off, dropping 15 percent to $14 million.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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