Lake Tahoe results drag Nevada figures down
Gaming win jumped 1.3% in the state during September but Lake Tahoe dragged Nevada’s strong figures down anyway.
US.- Despite Nevada having a good performance during September, a down month in the Lake Tahoe market dragged down figures in the state. While North Shore casinos posted a 12.7% decrease in revenue, South Shore venues saw their figures down 15.8% year-on-year.
Gaming win seen at North Shore casinos at Crystal Bay reported a 12.7%, US$370k decrease to US$2.6 million. Slot win, which contributes most of North Shore’s win, was also down 13.2% or US$288k, ending a six-month increasing streak.
South Shore casinos at Lake Tahoe underperformed as well, posting a decrease in win of 15.8% (US$3.3 million) to US$17.7 million. Slot win saw a 17.3% drop and blackjack was down a massive 63.8% as it recorded US$1.2 million less than the previous year.
Other areas like Carson Valley were up during September (casinos, 10.5% increase; slots, 6.9% increase), posting a win improvement for the 16th consecutive month. However, win drops prevailed across the state as Washoe County and Churchill County were down 1.4% and 2% respectively.