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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.
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GAN Partners with Station Casinos -
B2B online gaming company GAN (formerly Game Account Network) has revealed Station Casinos as its previously unidentified partner in an announcement made August 2016
Oceanís Call Slot Launches -
Online gambling games developer Habanero has embarked on a journey across the high seas to bring players its latest HTML5 high resolution slot title, Oceanís Call.
Big Names Playing WCOOP -
The big names came out to play in the closing stages of the World Championship of Online Poker this week as major prizes were handed out in a number of exciting and entertaining competitions.
Sirplay to Open Argentina Branch -
#SirPlay expects the new office to be fully operational by early next year, extending its service to Grupo Slots, which holds a license to operate the provincial San Luis Lottery, and other potential LatAm clients.
DFS Changes for Ohio -
#dfs Coley says that at present DFS is an example of the "pools for profit" concept, the rules for which the state Attorney General has opined are unclear in relation to DFS.
New Jersey Teams Up With Kahnawake Gaming Commission -
The New Jersey Division of Gaming Enforcement and the Kahnawake Gaming Commission have agreed to collaborate in preventing unlicensed online operators from accepting bets from New Jersey and other U.S. states through the Continent 8 data centre situated on tribal land, according to reports Tuesday from the Associated Press news agency.
Petition to Ban Online Gaming in Singapore -
Singapore Pools and Singapore Turf Clubís application to operate online betting has triggered the origination of a petition that calls on the Government to deny authorization and stop legalization of online gambling.
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