Nevada casinos top $1B win for 8th straight month

(Photo: Associated Press)

(Photo: Associated Press)

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Nevada casinos recorded their eighth consecutive month of over $1 billion total win in October — a total of $1.22 billion statewide.
That is a 48.5 percent, $399 million increase over October 2020.
In fact, Clark County casinos alone recorded a billion dollars in winnings.
According to Gaming Control Board analyst Mike Lawton, that ties the record for billion dollar months set back in 2006-07.
The Las Vegas Strip accounted for $702.2 million of the total, an 86.9 percent increase over a year ago.
Lawton said that wasn’t the only record set in October, that sports wagering set a record of $1.1 billion in the total bet on games, far surpassing the previous record of $786.5 million set last month. Sports pools won $48.3 million in October.
Overall, total win is now up 9.2 percent calendar year to date.
The win total was helped along by the return of a full slate of special events including the 52nd annual World Series of Poker, the Tyson Fury-Deontey Wilder heavyweight fight, the resumption of residency’s by Lady Gaga’s and Gwen Stefani and the resumption of the Electric Daisy Carnival after last year’s cancellation.
In the Carson Valley Area, which includes valley portions of Douglas County along with the capital, win was up 14.3 percent in October to $11.5 million. That puts the area 20 percent ahead of calendar year 2019.
Washoe County’s win is up 19.6 percent calendar year to date. Win in October was $86.9 million, an 11.2 percent increase.
South Shore casinos at Lake Tahoe, however, were down significantly in October to $16 million, a 25.8 percent decrease compared to the same month a year ago. Lawton blamed loss of business caused by the Caldor fire for the decrease. Slot coin in was down 7.9 percent.
Other Games, the category that includes Baccarat in smaller markets, lost $163,000.
At the north end of the lake, total win was $2.2 million, a decrease of 2.9 percent or $65,000.
 Finally, Churchill County casinos reported $2.15 million in total win. That is an increase of just under 18 percent compared to October 2020. Fully half that total comes from multi-denominational slot machines, $1.14 million, and just $36,000 from game and table play.
October Win, Percentage Change
Statewide                   $1.22 billion               48.5%
Carson Valley             $11.5 million              14.3%
South Shore               $16 million                 -25.8%
North Shore               $2.19 million              -2.89%
Washoe County         $86.9 million              11.21
Reno                           $62.48 million           10.77%
Clark County              $1.05  billion             57.3%
The Strip                    $702.18 million         86.88%


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