Nevada resorts end year with another $1B win


Courtesy Photo

Nevada casinos finished fiscal 2022 with their 16th consecutive monthly win totaling more than $1 billion.
Resorts reported $1.28 billion win in June driven by a 22.7 percent increase on the Las Vegas Strip that accounted for $734.7 million of that total.
Total win for the 2022 fiscal year was $14.63 billion, a 37.34 percent increase over the pandemic-stricken fiscal 2021 and the highest total win ever. It beat the old record set in 2007 by nearly $2 billion.
Games win and slot win both set records for the year at $4.8 billion and $9.8 billion respectively. Slot win was up 30.2 percent for the year and games win up 54.8 percent
Again, the Strip led the way raking in $8.1 billion of that total, a 65 percent increase over fiscal 2021. That total is another fiscal year record.
The Carson Valley Area, which includes valley portions of Douglas County as well as the capital, reported a modest increase of 1.5 percent compared to June 2021, a total of $11.2 million. But Carson was up substantially for the fiscal year as a whole, reporting $136.3 million in win, a gain of 10.2 percent. Almost all of that, $131.5 million, was from slot play.
That is Carson’s highest fiscal year win total ever.
Other than Carson, and North Shore Tahoe, northwestern Nevada had a bad month. Reno was down 4.8 percent to $85.6 million and Sparks down 10 percent to $12.7 million.
South Lake Tahoe also had a bad month in June, reporting $22.2 million in win, a 28.75 percent decrease from a year ago.
North Shore casinos at Crystal Bay were the exception, reporting an 11.4 percent increase over a year ago at $2.8 million.
In Churchill County, June win was $2.1 million, a 6.34 percent increase over a year ago. For the fiscal year, Churchill casinos won $25.7 million, a 5.5 percent increase.
Area                           Jun Win        Change                     FY22              Change
Statewide                $1.28 billion           5.71%           $14.63 billion 37.3 %
Carson Valley         $11.2 million          1.52%           $136.3 million 10.2%
South Shore            $22.2 million          -28..75%      $234.7 million -8.9%
North Shore            $2.83 million          -11.4%          $27.5 million 7.4%
Washoe County     $85.6 million          -3.15%          $1 billion     10.9%
Reno                          $61.4 million          -4.8%            $738.3 million 11.7%
Clark County          $1.1 billion  -          10.5%           $12,6 billion 43.4%
The Strip                  $734.7 million       22.7%           $8.14 billion 65.2%

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