Nevada Casinos Break Losing Streak With A Solid June

Gaming Win Stops a 5-Month Slide

July 30, 2019 - 9:26 am

LAS VEGAS (AP) — After several months of declines, June was a bounce-back month for Nevada casinos.

A jump in winnings helped push statewide revenue figures up to more than $11.9 billion to end the fiscal year.

The Nevada Gaming Control Board reported total gaming win on Tuesday of a little more than $1 billion last month, which is up nearly 11.6% compared with June 2018.

June ended a six-month losing streak on the Strip, where the win climbed almost 18% to $616.6 million, driven by strong baccarat numbers. Downtown Las Vegas also did very well, with a win of 18.6 percent, just over $52 million. Clark County as a whole was up 14.6 percent to $906.7 million 

The GCB report says Nevada collected $55 million in percentage fee taxes based on June figures. That was up 15.9% from a year ago.