Search
 

Casinos' Take Year-to-Year Suffers 15% Dip Statewide

LAS VEGAS-North Las Vegas and the Boulder Strip were the hardest hit, taking in closer to 30% less than they did during the same month last year.

By Brian K. Miller | Updated on July 14, 2008

LAS VEGAS-Nevada casinos won 15% less from gamblers in May 2008 than they did in May 2007, according to data posted to the state Gaming Control Board’s Web site on Friday. Gaming revenue for casinos in Clark County, which includes the Las Vegas Strip, fell approximately 16%, while locals’ markets like North Las Vegas and Boulder, CO, saw their revenue from gamblers fall by closer to 30%, according to the spreadsheet.

Statewide, casinos reported gaming revenue of $969.94 million in May 2008, a 15.17% decline from the $1.14 billion they took in during May 2007. In Clark County, which includes the Las Vegas Strip as well as Downtown Las Vegas, North Las Vegas, Laughlin and the Boulder Strip, gaming win totaled $810.05 million, a 16.35% drop from $968.43 million in May 2007.

Gambling win for casinos just along the Las Vegas Strip was $513.45 million, down 16.44% from May 2007. Downtown saw gambling win fall 17.32% to $48.24 million from $58.56 million in May 2007. In North Las Vegas, gaming win fell 29.38% to $20.2 million, and along the Boulder Strip gaming win fell 30.20% to $58.4 million.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.