CARSON CITY – Casinos along the Las Vegas Strip posted another banner month in June, chalking up a 32.3 percent increase in winnings due in large part to baccarat and craps.
That comes on top of a 28.9 percent increase in May, when compared to a year earlier, from the 41 casinos along the Strip. The Strip accounts for more than 50 percent of Nevada’s gaming win.
"The Strip is picking up in a lot of areas," said Mike Lawton, senior research analyst for the state Gaming Control Board.
The board reported today that statewide casinos won $885.7 million in June, a 15.9 percent gain from the same month a year ago.
For the fiscal year that closed June 30 the board said gaming win, computed before expenses and taxes, rose statewide to $10.6 billion, up 3 percent from a year earlier. Strip casinos registered a 7 percent increase in gaming win to $6 billion for the fiscal year. It was the only area in Clark County to register an increase.
For June, the casinos on the Strip reported a $506.7 million win. It was paced by a 489.2 percent increase in baccarat win.
“It was an easy comparison,” Lawton said. In June 2010, the “hold” on baccarat was 3 percent and this year it was 15.6 percent. There also was a 190.4 percent gain in casino winnings in craps.
The board reported blackjack win at Strip casinos in June rose 26 percent, but roulette was off 27.5 percent and sports book casino win fell by 22.8 percent. Slot win was up 1.5 percent.
In Clark County, Laughlin casinos posted an 11.6 gain in win and Boulder Strip casinos were up 5.6 percent. But downtown Las Vegas casinos fell by 4 percent; North Las Vegas was off 2.7 percent and the balance of the county was down 1.9 percent. Mesquite casinos posted a 0.2 percent increase.
The board said gaming win in Washoe County fell 1.7 percent in June, the Carson Valley was off 5.8 percent, it dropped 28.5 percent at South Lake Tahoe, but Elko County casinos registered a 6.2 percent increase.
For the fiscal year, the board said the increased win of 3 percent comes after a decrease of 4.3 percent in fiscal 2010.
For the 12-month period, downtown Las Vegas casinos fell by 2.3 percent; Laughlin was of 0.8 percent; the Boulder Strip was down 0.4 percent; North Las Vegas dropped 1.5 percent; Mesquite was off 0.5 percent and the balance of the county fell by 1.4 percent for the fiscal year.
For the fiscal year, the gaming win in Washoe County fell 4.7 percent; it dropped 7.9 percent at South Lake Tahoe, but increased by 0.2 percent in Carson Valley and 0.4 percent in Elko County.