Good news for South Shore Lake Tahoe casinos to report this morning. Gaming establishments at Stateline saw a 25.42 percent increase in revenue over July 2010 figures, according to figures released today from the Nevada Gaming Control Board.
Carson Valley casinos, which include Carson City, Minden, Garderville had a 2.6 percent decline in July. Casinos took in a win of $8,699,046. In July 2010 it was $8,900,097. Statewide, casinos had an overall 3.66 percent increase in "gaming win" for the month.
Stateline casinos took in a win of $29, 808,523 in July, as compared to 23,798,600 in July 2010, the board reports. A likely draw to casinos was the 22nd annual American Century Championship held July 12-17 at Edgewood Tahoe Golf Course.
Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $860,089,795 for the month July, amounting to the 3.66 percent increase over July 2010, when licensees reported a gaming win of $829,682,912.
Meanwhile, casinos in North Lake Tahoe in Washoe County reported a 10.5 percent decrease in July, taking in a win of $3.399,945 this July compared to $3,798,600 over July 2010.
Nevada collected $48,078,178 in percentage fees during the month of August 2011, based upon the taxable revenues generated in July 2011. This represents a 3.56 percent decrease (or $1,775,364) compared to the prior year’s August, when percentage fee collections were $49,853,542.
For more figures, see the PDF attachment below.
| Attachment | Size |
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| mrrJuly11.pdf | 53.4 KB |