The impact of the March 17 mandatory
casino closures hit the March gaming numbers like a sledgehammer.
The win amount fell just shy
of 40 percent compared to the $1.02 billion in win gaming licensees reported
last March. Total win was $618,129,278. Gaming Control Board Analyst Mike
Lawton said that is the lowest win amount recorded since February 1998.
The drop in win resulted in a
53.6 percent decrease in collections in April. The General Fund received just
$37.1 million in percentage fees compared to $79.9 million in March 2019.
Gaming percentage fee collections are the second largest contributor to Nevada’s
General Fund revenue after the sales and use tax.
In addition to the shutdown,
Lawton said March was an unfavorable calendar with two fewer weekend days than
Game and Table win fell 57
percent to just $149.5 million. Baccarat win was $43 million, a 19.7 percent
Among the different games,
sports pools were hardest hit since nearly all sporting events were cancelled
by the shutdown. Sports pools won $1.5 million in the month, down 95.5 percent
from last year.
Western Nevada casinos were
the hardest hit in the state, averaging over 50 percent down. The single largest
percentage decrease was at North Lake Tahoe where gaming win fell 65.2 percent
from just over $2 million last year to $725,545 last month.
The only Washoe County
reporting area down less than 50 percent was the small “Balance of County” area
that includes rural Washoe casinos, down just 33 percent.
Reno casinos reported just
$32.9 million and Sparks $6.2 million.
South Lake Tahoe was down
43.1 percent to just over $9 million and the Carson Valley Area, which includes
valley portions of Douglas County, was down about the same amount, 43.3 percent
to $5.2 million.
Carson Valley reported a 41.6
percent decrease in slow win to $3.6 million. Game and Table win fell 74.3
South Shore reported a 25.7
percent decrease in slot win but a 66.6 percent drop in games win for the
month. Other Games, the category where smaller markets report Baccarat win,
fell 74.1 percent to $1.5 million.
In Churchill County, total
win decreased 40.8 percent to $1.18 million. Table games generated only $27,000
of that amount.
Gov. Steve Sisolak ordered all
casinos in the state to shut down in an effort to slow the spread of the