Gaming win dipped in March for most of Nevada

 

Gaming win dipped in March for most of Nevada
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Webp hendrick
Nevada Gaming Control Board Chair and Executive Director Kirk Hendrick | Nevada Gaming Control Board website

The Nevada Gaming Control Board (NGCB) has announced that nonrestricted gaming licensees recorded a gaming win of $1,290,406,695 in March 2024. This figure represents a 1.65% dip from the same period in the previous year. However, for the fiscal year ending on March 31, the win climbed by 4.44%.

According to an NGCB press release, Clark County reported a gaming win of $1,131,531,345 in March 2024. This is a decrease of 1.55% compared to the $1,149,326,957 reported in March 2023. The Strip saw a win of $715,870,198 which is a drop of 1.20%. Downtown Las Vegas reported a win of $76,198,704 marking a significant decrease of 12.85%. Following Downtown Las Vegas was the Boulder Strip area with the second steepest decline in the county at 9.28%. Conversely, Mesquite reported the smallest decrease at just 0.89%.

The press release also indicated that Washoe County experienced a decline of 3.78%, with its gaming win dropping to $76,490,356 compared to $79,494,055 in March 2023. Reno's win was reported at $52,012,344 which is down by 6.03%, while Sparks experienced a slight decrease with its win standing at $15,192,610 - down by only 1.34%.

South Lake Tahoe also saw a decrease according to the press release; it reported a win of $15,867,536 which represents a drop of 5.45%. However not all areas experienced declines; Elko County and Carson Valley Area were exceptions with increases of 3.05% and 0.08% respectively.

In terms of state revenue collection from percentage fees, the NGCB press release stated that Nevada took in $86,451,324 in April 2024. This figure—based on the taxable revenues generated in March 2024—reflects an 11.22% (or $10,928,882) decline compared to the $97,380,206 collected in April 2023.

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