July a big month for Stateline | TahoeDailyTribune.com

July a big month for Stateline

by Sally J. Taylor

Table games carried Stateline casinos to 10.16 percent increase in wins in July compared to a year ago, according to figures released Thursday by the Nevada Gaming Control Board.

South Shore casinos winnings kept $39.3 million after payoffs.

“July was a very good month, it was a very good month for tourism overall,” said Steve Teshara, the executive director of the Lake Tahoe Gaming Alliance. “The Fourth of July, (Isuzu Celebrity) Golf Tournament, good weather and the success of some of the marketing programs that were out there, all combined to make a very good month.”

Unlike the rest of the state which was dominated by slot machine profits, the largest gains for Stateline clubs came in table games.

“South Shore was the only market (in Nevada) that was carried by games and table games,” Gaming Control Board spokesman Russ Guindon said.

Slots wins increased only 0.2 percent. The coin in, which measures activity increased by 4.1 percent, Guindon said.

“The south shore market is somewhat like the (Las Vegas) strip in that regard with close to a 50/50 split (between games and tables games and slots),” he said. “That’s not true of other markets.”

Games and table wins increased by 24.6 percent, he said, with all types of “games and table game devises showing significant increases.”

With only three months in 1998 with increases compared to 1997, the July numbers are particularly appreciated.

“The Tahoe market has been bouncing up then bouncing back down,” Guindon said. “It will be nice to see a string of positive numbers.”

Tahoe Daily Tribune E-mail: tribune@tahoe.com

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