Nevada gaming win tops $1 billion for 13 straight months
Gaming win again topped $1 billion in March — for the 13th month in a row.
Total win for the month was $1.355 billion. That is a 26.8% increase compared to March 2021 and the second highest monthly win of all time, just a hair under the $1.359 billion reported last July.
For the nine months of this fiscal year, win is up 51.7% over the same period last year.
More than half of total win was generated on the Las Vegas Strip — $746.2 million.
Games win was $452.2 million, up 53% from a year ago. Baccarat win of $131.7 million helped. That is an increase of 93.2%.
The Carson Valley Area, which includes valley portions of Douglas County as well as the capital, saw a decrease of 1.8% to $11.8 million. The culprit was game and table win that fell 46.7%. Gamblers actually bet more on table games than a year ago but the casino hold percentage fell from 15.25% to 7.93%.
South Shore casinos at Stateline increased compared to March 2021 by 5.6% to a total of $25.4 million.
Slot win fell 8.1% or $1.5 million but game and table win rose 47.5% or $2.8 million compared to a year ago.
Game and table win was helped considerably by a $4.2 million increase in “Other Games,” small market code for Baccarat play.
The North Shore casinos at Crystal Bay didn’t fare as well, seeing a decrease of 1.1% to $2 million for the month. While game and table win increased nearly 21%, a 5% decrease in slot win erased that gain.
Washoe County saw a 9.2% increase to $84.7 million. That is 1.9% higher than a year ago. Both slot win and game and table win increased compared to a year ago.
Churchill County casinos reported a decrease of 2.2% in win. Total win by Churchill’s 10 non-restricted licensees was $2.45 million.
Area Win Percentage Change
Statewide $1.355 billion – 26.83%
Carson Valley $11.77 million -1.75%
South Shore $25.43 million 5.58%
North Shore $2 million -1.14%
Washoe County $84.7 million 1.93%
Reno $59.76 million 1.25%
Clark County $1.17 billion 31.7%
The Strip $746.2 million 48.8%
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April was a brutal month for both stock and bond investors and so far May is down, too. Seldom do stocks and bonds move the same direction. Almost never. They are both falling now.