Stateline gaming down in January
March 3, 2014
January wasn’t a very good month for Nevada’s casinos, especially those at Lake Tahoe.
The casinos at Stateline reported a $14.69 million take during January, down 12.43 percent from the same month last year. So far this fiscal year, which started July 1, has seen a 3.44 percent drop in gaming revenues in Stateline, the main source of Douglas County’s gaming tax revenue.
North Lake Tahoe fared even worse with an 18.24 percent decrease, the biggest gaming win drop in the state.
The North Lake Tahoe clubs brought in $1.5 million, down from $1.9 million last year.
Casinos in the East Fork Township and Carson City also saw a slight decrease in their gaming win during January, dropping to $11.9 million from $12.3 million last year.
Statewide, Nevada saw a 2.76 percent decrease in gaming win from nonrestricted gaming license holders.
The Stateline casinos extended their losing streak into a fourth month in January, according to the Nevada Gaming Control Board.
December saw a 24.68 percent decrease from the previous year.