Nevada casinos win big in June, fiscal year 2016
LAS VEGAS (AP) — Casinos in Nevada saw a 6.8 percent gaming win in June, bringing in a total of $887.4 million statewide.
The Las Vegas Review-Journal reports (http://bit.ly/2adWoUt ) that a strong June brought the total gaming win for fiscal year 2016 to $11.1 billion, an increase of less than 1 percent over the prior fiscal year.
Nevada’s statewide gaming win in 2016 was the fifth in six years, following a 1.6 percent decline in fiscal year 2015. The total win of $11.1 billion remains 12.7 percent below the Nevada peak in the pre-recession year of 2007.
While Nevada casinos won overall, some areas did better than others. The Strip ended slightly negative, with a 0.64 percent loss on $6.3 billion in revenue, as did South Lake Tahoe, which had negative 3.8 percent of 2015.
Information from: Las Vegas Review-Journal, http://www.lvrj.com