Fight creates huge gaming win for Nevada casinos; Stateline up nearly 7 percent
Area August Win Percentage Change
Statewide $989.5 million 14.9 percent
Carson Valley $9.39 million 8.98 percent
South Shore $25.57 million 7 percent
North Shore $3.15 million 10.39 percent
Washoe County $77.25 million 10.13 percent
Reno $57.4 million 11.9 percent
Clark County $841.6 million 16.12 percent
The Strip $545.5 million 21.35 percent
Gaming win rose 14.9 percent in August to $989.5 million, driven by the Mayweather-McGregor fight in Las Vegas.
That represents a $128.4 million increase over the same month of 2016 and more than $32 million the total came from an increase in sports betting on the fight. That doesn’t count the extra revenue those fight fans contributed to the Baccarat and other games, which were also up significantly. Baccarat was up 38 percent to $101.6 million and “21” up 33.6 percent to $108.5 million.
Even with Baccarat deducted from the totals, statewide win was still up nearly 13 percent in August.
South Shore casinos at Stateline reported a 7 percent increase to $25.6 million for August, a stellar showing considering that it was up against a tough comparison. August 2016 win at South Shore was a 27 percent increase over the previous August.
Sports betting, again, was a huge factor, bringing in $617,000, $496,000 more than in August 2016.
The area would’ve done even better except that win from the craps tables was down $318,000.
The impressive August still doesn’t put Stateline in the black for this year compared to last. With two months in the fiscal year, the casinos are down 4.73 percent at $49.4 million.
North Shore casinos at Lake Tahoe reported a 10.4 percent, $296,000 increase in total win. Again, sports betting was a significant part of that increase but slot play at North Shore was also a huge factor, up 9 percent, accounting for $189,000 of that increase.
In the Carson Valley Area, which includes valley portions of Douglas County as well as the Capital, total win was $9.4 million in August — $774,000 more than last year. That translates to a 9 percent increase, Carson’s largest monthly increase since the 10.4 percent hump in July 2015 and comes on the heels of the area’s 8 percent increase in July. Mike Lawton of the Nevada Gaming Control Board said the last time the Carson Valley area had two consecutive months that strong was September-October of 2005.
In Carson, “other sports” betting — where boxing match win is reported — was up $123,000. Unfortunately, that was offset by a $150,000 decrease in “21” win.
“Sports made up for a bad ‘21’ month,” Lawton said.
But slots won 9.6 percent more than in August 2016.
Washoe County casinos had a strong month, winning $77.3 million. That’s $7.1 million more than a year ago, a 10.1 percent increase.
In Washoe, the story is rising visitation numbers. For the first time since 2006, Washoe has drawn more than 500,000 visitors in each of the past two months. Visitation is up 5.5 percent for the calendar year.