Las Vegas Craps Tables Booming Since July

Casinos on or around Nevada’s main casino corridor won $26.4 million from their craps tables in September, according to figures released late last month by state regulators.

The amount was a 41.7 percent increase year-over-year, with a 17 percent hold off the bets for the Strip-area casinos. Since July, craps revenue of $77 million was up 28.7 percent compared to the same period last year (July 1, 2016 to Sept. 30, 2016).

Craps revenue in June was down slightly year-over-year, with a win percentage of 14.5.

The next best table game in terms of year-over-year revenue growth during the three-month period was blackjack, which enjoyed a 5.6 percent gain.

There are 185 craps tables on or around the Strip, compared with 1,280 blackjack tables.

Over the 12 months prior to Oct. 1, 2017, Strip area craps win was $280.2 million, up 7.2 percent compared to the prior period. In other words, most of the gains occurred since July.

Statewide craps win was $36.5 million in September, a 29.7 percent increase compared to September 2016. Between July and September it was up 21 percent to $107.2 million.

According to data compiled by the UNLV’s Center for Gaming Research, craps was once significantly more popular for Nevada casinos. Back in 2000, win from the game was $491 million. Last year it was $384 million, but revenue has grown year-over-year since 2014.

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