Lake Tahoe gaming win drops in April | TahoeDailyTribune.com

Lake Tahoe gaming win drops in April

Area April Win Percentage Change

Statewide $936.48 million -1.81 percent

Carson Valley $9.02 million -0.06 percent

South Shore $13.29 million -12.5 percent

North Shore $1.29 million -16.13 percent

Washoe County $65.87 million 0.98 percent

Reno $48.97 million 3.21 percent

Clark County $808.6 million -2.02 percent

The Strip $481.8 million -3.53 percent

CARSON CITY, Nev. — Gaming win at Lake Tahoe’s two gaming markets dipped in April compared to the previous year.

South Shore casinos at Stateline and North Shore casinos at Crystal Bay in the Tahoe Basin were both down double digits, which Gaming Control Board Analyst Mike Lawton attributed to the weather.

At South Shore casinos total win was $13.1 million, a 12.5%, $1.9 million decrease. The market suffered a negative hold in the “Other Games” category. That’s the category where Baccarat play is recorded in Nevada’s smaller markets.

Crystal Bay on North Shore saw a 16.1%, $250,000 decrease in casino win. The volume of play, as at the south end of the lake, was down significantly.

The North and South shore slumps were the most drastic among an overall 1.8% — $17.3 million — statewide dip in win.

Lawton said there have been declines in each of the first four months of this calendar year.

April’s culprit was game and table win, which fell 5.8%. That category is now down 6.4% for the calendar year. Surprisingly, he said, Baccarat was not the issue in April. Baccarat reported a 2.5% increase to $66.8 million, the first increase for that game since last November.

“The real reason for this decrease is non-Baccarat game and table win is down 8.2% or $18.7 million,” Lawton said.

Blackjack win fell 11.1%, Craps 12.2% and Roulette 23.5%.

He said the positive note in game and table numbers came from the sportsbooks, which reported $27.1 million in win, a 32.7% increase on volumes of $321.8 million.

Slot win was down two tenths to $658.8 million, down just two tenths of a percent.

Reno-Sparks casinos also experienced a weak April. The county as a whole was up but by less than 1% to $65.9 million. While Reno casinos were up 3.2%, all other markets in the county were down. Washoe is down 1.6% for the calendar year thus far.

Carson Valley, which includes valley parts of Douglas County as well as the capital, also was down but by just one-tenth of a percent — $5,000. That’s the third consecutive decrease for the Carson Valley after 20 consecutive increases. Total win was $9 million for the month.

Finally, Churchill County defied the pattern experienced by the rest of the state, reporting a 2.15% increase in total win. The 10 non-restricted locations in Churchill reported $1.82 million for the month, all but $44,000 of that from slot play.

Editor’s note: This story was compiled based on reporting by Geoff Dornan of the Nevada Appeal. Contact him at gdornan@nevadaappeal.com.


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