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Nevada Casinos Win $861 Million In August

Revenue Fell Five Percent Year-Over-Year, State Says

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Nevada’s gaming industry won $861 million from gamblers during the month of August, according to figures released Thursday by the state Gaming Control Board.

That figure was five-percent less than the money won during the same month last year. The drop was thanks to the Strip’s performance, where revenue fell to $450 million, a 15-percent drop year-over-year.

Several other regions of the state either grew or remained flat, but the Strip is where Nevada’s fortunes are decided. More than half of state gaming revenue is generated there.

On the $861 million, Nevada collected nearly $50 million in taxes, the state said.

Here’s a look at Nevada gaming win by month in 2016:

August: $861 million
July: $1.02 billion
June: $887 million
May: $958 million
April: $876 million
March: $922 million
February: $990 million
January: $925 million

Nevada casinos won $11.1 billion from gamblers in 2015, which was a small uptick compared to 2014 but a tiny drop compared to 2013. The all-time best year for Nevada’s gaming industry was the $12.8 billion won in 2007, the year before the Great Recession.

The low for the period after the Great Recession was the $10.4 billion won in 2009 and 2010.

The Silver State has roughly 330 casinos. According to the University of Nevada Las Vegas, there are about 150,000 slot machines and 6,000 table games statewide.