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FinancialIndustry

Nevada reports $1.31bn gaming win for July

Nevada’s non-restricted gaming licensees have reported a total gaming win of $1.31bn for the month of July 2022.

nevada july

As reported by the Nevada Gaming Control Board, the total represents a 3% decline from July 2021, when licensees reported a gaming win of $1.35bn.

Clark Country represented the majority of total revenue at $1.12bn, down 3% from the prior-year period, when revenue was $1.16bn.

Within Clark County, Las Vegas Strip revenue was down 3% year-on-year to $773.3m, with Downtown and North Las Vegas revenue amounting to $60m and $24.5m respectively, year-on-year declines of 16% and 4% respectively.

Laughlin and Boulder Strip reported revenue totals of $42.8m and $72.7m respectively. The former was equal when compared to the prior-year period, with the latter increasing by 4%. Mesquite was also equal when compared to the prior-year period at $14.1m.

Washoe County revenue totalled $94.7m, down 5% from the prior-year period, while South Lake Tahoe reported revenue of $31.8m, a 1% year-on-year decline. Carson Valley Area revenue also declined year-on-year, down 3% to $11.7m.

Elko County was the only area to report a positive year-on-year change, with revenue climbing 5% from July 2021 to $35.9m.

The Nevada Gaming Control Board also reported that the state collected $90.3m in percentage fees during the month of August 2022, based upon the taxable revenues generated in July 2022.

The total represents a 7% decline compared to August 2021, when percentage fee collections were $97.7m.

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