Nevada Casinos Crack $1 Billion With February RevenueSilver State Casinos See 10-Figure Revenue In Last Full Month Of Gaming Before Coronavirus-Induced Shutdown |
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In what ended up being the last full month of gaming revenue for at least the immediate future, Nevada casinos raked in $1.042 billion in gross gaming revenue in February.
According to numbers released by the Nevada Gaming Control Board, February’s revenue represented a 3.05 percent increase from the prior February. It was the second time in as many months that casinos touched the $1 billion mark, after January yielded revenue of $1.038 billion.
It will be the last time that casinos a 10-figure revenue following the 30-day shutdown of Nevada casinos and all other “nonessential businesses” by Gov. Steve Sisolak to help curb the spread of coronavirus.
As always, Clark County made up nearly all of that revenue, with the Southern Nevada area winning $897.5 million from gamblers. The Las Vegas Strip casinos won $596.2 million, up 0.75 percent year-over-year.
While the majority of the revenue came from Southern Nevada, Northern Nevada casinos experienced the biggest upticks on a percentage basis. Washoe County casinos won $77.06 million, which was up 27.09 percent from a year ago.
Reno was up 30.17 percent with $57.78 in winnings, while North Lake Tahoe saw the biggest percentage increase in the state with a 48.13 percent jump.
Only North Las Vegas, Downtown Las Vegas and the Boulder Strip saw revenues drop year-over-year. North Las Vegas fell 9.2 percent, the largest decrease in the state. Downtown Las Vegas witnessed a decline of 4.1 percent and the Boulder Strip was down just 0.49 percent.
The state government collected $68.945 million in taxes from the gaming revenue.
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