South Shore casinos have strong February, Strip loses big
February gaming win was down 25.9% compared to the same month a year ago, almost entirely because of the loss on the Las Vegas Strip.
Gaming Control Board analyst Mike Lawton said the 41.5% decrease on the Strip accounted for almost 92% of the difference.
A big factor was the 56% decrease in Baccarat win. Casinos primarily on the Strip won just $51 million from that game.
Lawton said a key issue in Baccarat win was the lack of international travel during Chinese New Year.
Game and Table win of $241.6 million was down 38.7% overall.
Elsewhere, casinos had some problems with February. First, Lawton said the calendar had one less weekend day. In addition, last February was a leap year.
Those issues helped cause an 8.6% decline in Washoe County win with Reno the primary problem — down 13.7%. Sparks and the balance of county were both up in Washoe. Total win there was $70.5 million.
North Shore casinos at Crystal Bay were down, but only by 1% to just over $2 million.
But South Shore casinos at Stateline had a strong month, winning $20.47 million. That is a 15.8% increase from a year ago. Slot win was up nearly 30% at South Shore.
Likewise, Carson Valley, which includes valley portions of Douglas County as well as the capital, did well, winning $9.35 million, a 6.1% increase from February 2020. The driver was an 8.1% increase in slot win.
Lawton said next month’s numbers will be the first month that looks at the pandemic’s impact on Nevada gaming activity when casinos were initially shut down to slow the spread of the virus.
The shutdown half way through March 2020 caused a near 40% reduction in total win. Lawton said looking at the average win since June’s reopening of casino floors, he expects March 2021 to be up significantly over March 2020.
Area Win Percentage Change
Statewide $772.4 million -25.9%
Carson Valley $9.35 million 6.09%
South Shore $20.477 million 15.8%
North Shore $2.07 million -1.03%
Washoe County $$70.47 million -8.57%
Reno $49.86 million -13.7%
Clark County $631.5 million -29.6%
The Strip $348.45 million -41.55%
Support Local Journalism
Support Local Journalism
Readers around the Lake Tahoe Basin and beyond make the Tahoe Tribune's work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.
Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.
Your donation will help us continue to cover COVID-19 and our other vital local news.
Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.
User Legend: Moderator Trusted User