Statewide gaming numbers flat
Tribune Capitol Bureau
CARSON CITY, Nev. – Casino gaming win was essentially flat in January, down just two-thirds of a percent to $877.4 million.
The culprit in what would otherwise have been a good month was Baccarat, which was off 39.7 percent to $65.1 million compared with January 2010.
Other than Baccarat, game and table win would have been up 3.3 percent for the month. Statewide slot win was up by 5.6 percent.
Gaming Control Board Analyst Mike Lawton said the key difference was that, this year, Chinese New Year fell in February rather than January.
“We’re anticipating it coming back in February,” he said of Baccarat.
The Carson Valley Area, however, did much better, posting a 10.57 percent increase to $8.08 million. That boost, however, was primarily attributed to the fact that, a year ago, the Carson Valley Inn was undergoing a major renovation that closed down a significant part of the games pit and slots area.
For the seven months of the fiscal year, Carson Valley Area, which includes valley portions of Douglas County as well as the capital, is up 2.3 percent. The state as a whole is up 1.2 percent for the year so far.
This is the third consecutive month of declines in total gaming win.
Washoe County and South Shore continue to suffer the impact of Indian casinos in California. South Tahoe casinos at Stateline reported $16.88 million in win, a 7.85 percent decline from the year before, which was a 9.8 percent drop from the January before that.
In Washoe County, the overall decrease was 4.9 percent to $57.3 million.
The only reporting area in the black there was North Lake Tahoe with a 1 percent increase to just over $2 million.
Churchill County reported an 8.66 percent decrease with $1.53 million in total win. Games win was off more than 32.6 percent to $53,000. Slot win dropped 7.6 percent to $41.47 million in the nine unrestricted gaming locations in Churchill.
Lawton said the brightest spot was tax collections for February: a 15.26 percent increase over January 2010. The $68.7 million in revenue is $9.1 million more than the prior year’s February. Thus far this fiscal year, revenue collections are 3.3 percent ahead of the same period last year, a total of $419.7 million.
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