Western Nevada casinos up in June but barely up for the fiscal year
Western Nevada gaming operators finished the fiscal year with fairly strong June performances.
But, overall, those same reporting areas were up just a bit for the fiscal year, which ended June 30.
The Carson Valley reporting area, which includes valley portions of Douglas County as well as the capital, reported a 3.16 percent increase in June to $8.4 million. But, for the fiscal year, Carson was up just 1 percent to $100.8 million.
Likewise, Churchill County saw a 3.6 percent increase in June to $1.62 million. For the fiscal year, Churchill’s 10 locations were up just 1.04 percent for a total win of $19.55 million.
Lyon County, with a total of 20 non-restricted gaming locations, finished the fiscal year with a 2.55 percent gain to $3.8 million. For the year, Lyon casinos won just 1.77 percent more than in fiscal 2016, a total of $44.1 million.
Washoe County gaming licensees reported total win for the fiscal year of $805.47 million, 2 percent more than the previous year. In June, Washoe’s win was just over $67 million, a 1.7 percent increase.
In most of those markets, the story is all about slot win which provides more than 90 percent of total win. For example, game and table win in Churchill, while up 6.5 percent over the previous fiscal year, accounted for just $756,000 of the $19.5 million total. Likewise in Lyon County, table games generated just $347,000 of the $44.5 million total win for the year.
The exception is Douglas County’s South Shore casinos at Stateline, the only reporting area in western and rural Nevada where game and table play is a significant contributor to total win — up 15.2 percent over the year to $70.48 million. Overall, south shore casinos raked in $223 million, a 7.4 percent increase over the previous fiscal year.
South Shore finished the year with a $20.15 million total win in June, a 9.38 percent increase over June 2016.
Statewide, total gaming win for the year was up 2.9 percent over fiscal 2016 to $11.44 billion. The only reporting area to outdo South Lake Tahoe for the year was downtown Las Vegas which reported a 10.7 percent increase to $608.7 million.
Las Vegas Strip casinos, which account for more than half the state’s total win, raked in $6.47 billion in fiscal 2017, matching the overall 2.9 percent statewide increase.