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Carson City area casinos generate $3.5 million in 2014 fiscal year net income

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The 15 casinos in the Carson City and Carson Valley region generated a net income of $3,506,840 for fiscal year 2014, the Nevada Gaming Control Board announced Friday in its annual abstract roundup of casino gaming profits. The casinos were down slightly, around 1 percent, in total revenue and gaming revenue.

Statewide, during FY 2014, there were 270 casinos in Nevada, which grossed $1 million or more in gaming revenue. Together, these casinos generated a net loss of $743,688,008 from total revenues of $23,895,954,169. These results are improved compared to FY13 when the net loss was $1,348,992,937 and total revenues were $23,075,800,492.

“Total revenue” is the money spent by patrons on gaming, rooms, food, beverage, and other attractions. “Net income/loss” is the money retained by casinos after expenses have been paid but prior to deducting federal income taxes and prior to accounting for extraordinary expenses. Gaming revenue accounted for $10,641,153,886, or 44.5 percent of total revenue. These 270 casinos paid $819,214,824 in gaming taxes and fees, equating to 7.7 percent of their gaming revenue.

See the full report below.

nevada_gaming_abstract_2014_press_release.pdf by Carson Now


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