Nevada casinos report $566.8 million in June win, down 45% from last year | nnbw.com
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Nevada casinos report $566.8 million in June win, down 45% from last year

Geoff Dornan

gdornan@nevadaappeal.com

The Eldorado casino-resort in downtown Reno.
Courtesy photo
BY THE NUMBERS
  • Area: June 2020 gambling win total (percent change YOY)
  • Statewide: $566.8 million (-45.55%)
  • Carson Valley: $9.2 million (-1.73%)
  • South Shore: $13 million (-20.5%)
  • North Shore: $1.6 million (-23.1%)
  • Washoe County: $65 million (-6.8%)
  • Reno: $46.6 million (-8.5%)
  • Clark County: $441 million (-51.3%)
  • The Strip: $238.2 million (-61.4%)

CARSON CITY, Nev. — With the exception of the Strip and downtown Las Vegas, Nevada’s gambling markets made a strong rebound after being allowed to reopen, albeit at restricted capacities, in early June.

The Strip was down 61.4% compared to June of last year, and downtown was off 55.5%. Because of the slow recovery in the south, statewide win was down 45.55% to $566.8 million for the month. A year ago, total win topped $1 billion.

The totals reported Wednesday by the Nevada Gaming Control Board were a major improvement from near-zero in April and May due to coronavirus closures.

But the figure represented a dramatic drop compared with February, when casinos reported a third straight month of $1 billion in house winnings.

Board analyst Michael Lawton noted that properties depending on drive-in and local customers saw more businesses as casino openings continued through June and July.

What Lawton termed a “growth trajectory” was affected by limited air travel bringing national and international customers to Las Vegas, he said, particularly visitors who favor baccarat — for example, the main Southern Nevada gambling markets saw a 70% decrease in baccarat win as the high rollers stayed home through most of June.

Across the state, slots and other machine-based gambling recovered better than in-person games like baccarat and “21.” Game and table win was down 57.3% to $172.7 million, while slot win fell 38.1% to $394.1 million.

Notably, smaller markets across the state came back pretty strong — one of the best recoveries was in the Carson Valley Area, which includes valley portions of Douglas County and Carson City. Casinos there posted $9.2 million in win, just 1.7% less than the $9.4 million they won a year ago.

Washoe County was still down, but only by 6.8% with $65 million in total win. Elko casinos were off just 2.1% compared to June 2019, and Churchill County casinos were actually up 1.7% for the month, winning a total of 1.57 million.

Tahoe venues were in the middle. South Shore casinos at Stateline reported just over $13 million in win. While that’s a significant recovery, it’s still 20% down from a year ago. North Shore casinos at Crystal Bay were in a similar spot, down 23% at $1.6 million for the month.

For the fiscal year ending June 30, statewide gaming win of roughly $9.33 billion was down 21.7% because of the nearly three-month, pandemic-induced shutdown of Nevada’s gaming licensees. Slot win decreased 20.5% over the year. Table, counter and card games win fell 23.8%.

Carson Valley win for the fiscal year was down 19.2% to $89.5 million and South Shore casinos were down 15.4% to $188.4 million. North Shore casinos fell 21% for the year, winning just $20.7 million.

Reno was down 19% to $507.4 million and Washoe County as a whole was down 18.6% to $695.9 million.

The Associated Press contributed to this report.


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