Gaming win for Nye County positive in latest Nevada report

Getty Images Nye County gaming establishments experienced a gain of more than 9.5% in gaming wi ...

Nye County gaming operators experienced a positive increase in gaming win in the latest report.

Nye County gaming establishments were up more than 9.5% in May in comparison to the same period last year; establishments brought in over $4.8 million in May compared to $4.3 million in the same month in 2018.

“Nye County was up 9.53% for the month of May while facing a pretty soft comparison; last May, Nye County was down 6.1%,” said Michael Lawton, senior research analyst for the Nevada Gaming Control Board, in an email.

According to data from the Control Board, gaming establishments in Nye County experienced just slightly over a 10% increase in revenue from slot machines—with high growth in nickel, penny, multidenominational and the other category tracked by the Control Board—in comparison to the same time a year earlier.

Nye County gaming establishments experienced an overall loss of more than 4.5% for table, counter and card games and also had losses in sports book betting in May when compared to the same time last year.

Nye County is also up 2.9 percent for the calendar year (Jan.-May) when compared to the same period a year ago, according to Lawton.

On the state level, gaming win was down just under 6% in May with a total of more than $981.8 million brought in by gaming establishments in the state. Gaming revenue in the same period a year ago was over $1 billion, according to data from the Control Board.

The Las Vegas Strip was down 11.1 percent in May from a year ago.

“When looking at Clark County and the Strip, the primary reason for their decrease this month and for the CY (calendar year) is baccarat play, which was significantly off (down $67.1 million) on the Strip and accounted for the entire decrease for the month of May,” Lawton said.

Contact reporter Jeffrey Meehan at jmeehan@pvtimes.com

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