May gaming win flat statewide; Stateline up
The May gaming win was essentially flat statewide, dropping 6-tenths of a percent compared to the same month a year ago. The good news is that Stateline South Shore gaming was up 3.59 percent.
Stateline’s positive month resulted in winnings of $26.7 million.
The total reported gaming win was $844.1 million, $5.1 million less than May 2001.
Gaming Control Board analyst Frank Streshley said the amount played in Nevada’s casinos was down but that was offset by an increase in the win percentage.
The Carson Valley Area continued to defy statewide trends, reporting its 16th straight month of increases.
Carson area casinos collected $8.5 million in winnings, a 7.53 percent increase over last year.
North Lake Tahoe casinos reported a drop of 15.5 percent to $2.7 million in total winnings. Most of that, however, can be blamed on the Crystal Bay Lodge, which was beginning to shut down its operations in May. The casino closed completely in June.
Statewide, slot winnings were actually up 2.1 percent for the month — primarily because of Megabucks play which culminated in a $23 million jackpot during the month. But that was more than offset by the 6 percent drop in game and table winnings.