Stateline casinos post 21st Century’s worst August | RecordCourier.com

Stateline casinos post 21st Century’s worst August

Staff Reports

NV August win percentage change

Statewide: $908.24 million -1.39%

Carson Valley: $8.8 million -2.46%

South Shore: $18.88 million -33.55%

North Shore: $2.79 million -15.68%

Washoe County:$69.85 million -4.54%

Reno: $51.26 million -3.97%

Clark County: $776.8 million +0.27%

The Strip: $527.4 million -4.66%

CARSON CITY, Nev. — The casinos at Stateline posted the worst gaming win in the 21st century during August.

According to numbers released by the Nevada Gaming Control Board, the casinos took in $18.8 million during the month. That’s down 33.55 percent from the same month in 2014, when at least one casino, the Hard Rock, was closed for renovation.

Despite being down a casino, August 2014 saw the casinos take in $28.4 million, which was considerably more than the $21.4 million for the same month in 2013.

No year since the turn of the century has seen that dismal a gaming win in August. August 2005 the casinos posted a win of $37.3 million, more than twice August 2015.

The Stateline casinos are the largest source of gaming revenue in Douglas County.

So far this fiscal year they are down 21.13 percent, with $42.1 million in revenues.

The Gaming Control Board combines results from East Fork Township and Carson City, which brought in $8.8 million, down 2.46 percent from August 2014.

Those casinos are still up 3.59 percent so far for the fiscal year with $17.7 million.

That revenue is only a minor fraction of the nearly $1 billion the state’s major casinos take in each month. Statewide gaming is down 1.39 percent, taking in $908 million, with the Las Vegas Strip accounting for $527 million of that alone.

Statewide, the story was about the calendar and the poor performance of table games.

Game and Table win dipped sharply to $332.6 million. That’s 16.4 percent and $65 million less than August 2014, $42 million of which was from Baccarat.

But other games also were down sharply this time including blackjack, craps and roulette — all down by double digits.