Nevada gaming revenue decreases in May
Gaming revenue was down 2.18 year-over-year.
US.- The Nevada Gaming Control Board (NGCB) has reported that the state’s casinos generated $1.29m in gaming revenue in May. That’s down 2.18 year-over-year but up from April, when casinos generated $1.23m.
The Las Vegas Strip generated $713.3m, down 3.87 per cent year-on-year. Clark County as a whole, which includes the Strip, downtown Las Vegas, North Las Vegas, the Boulder Strip and surrounding areas, generated $1.1bn, down 2.4 year-over-year.
Washoe County, which includes casinos in Reno, Sparks and North Lake Tahoe, totalled $90.6m, down 0.2 per cent. South Lake Tahoe generated $13.4m, down 23.4, and Elko County $35.8m, down 6.5 per cent.
The State collected $79.2m in percentage fees based upon taxable revenues. For the fiscal year, from July 1, 2024 through May 31, 2025, gaming win was down by 1.18 per cent.
Nevada assembly approves bill on illegal gambling
The Nevada Legislature recently approved Senate Bill 256 (SB 256), which aims to strengthen the state’s power to fight illegal gambling. The legislation passed with a 42-0 vote and will now return to the Senate for approval as amended in the legislature.
Given that the only change the legislature proposed was to add assemblywoman Brittney Miller as a co-sponsor, the bill is expected to pass quickly to governor Joe Lombardo to become law.
