The Nevada Gaming Control Board posted information about the revenue generated by the state’s casino licensees in December as well as during the calendar year ended December 31, 2015. Last month, Nevada’s casinos earned gaming revenue of $982 million, up 3.31% as compared to the figure posted for the same month a year ago. Full-year gaming revenue increased 0.9% to reach $11.1 billion.
In December, the gambling venues across Clark County generated a total of $864.3 million, up 3.66% year-on-year. Revenue from casinos located on the Las Vegas Strip, known to be one of the world’s most popular gambling destinations, amounted to $600.8 million, up 8.2% as compared to December 2014. The increase was mainly attributed to the excellent baccarat results. Revenue from that particular table game was up 19.8% from a year ago to $177.3 million.
Washoe County gambling halls posted gaming win of $60.4 million, up 0.07% year-on-year. Revenue generated by casinos in the South Lake Tahoe area increased 12.56% to a little less than $18 million. In December, Elko County saw gaming win of $19.3 million, down 2.86% year-on-year. Carson Valley casinos generated a total of $7.9 million last month, up 0.87% year-on-year. Other gambling facilities across Nevada contributed $12.2 million to the overall figure, down 4.47% as compared to what was posted for December 2014.
As mentioned above, revenue for the calendar year ended December 31, 2015 totaled $11.1 billion, up 0.9% as compared to the results reported for 2014. Casinos on the Las Vegas Strip generated $6.348 billion, down 0.4%. The drop was attributed to a decline in baccarat. Revenue from the popular table game decreased 12.5% year-on-year to $1.4 billion.
Over the past several years, Nevada’s gambling industry has been earning most of its income from outside the gaming floor. Gambling revenue accounted for 43.2% of the overall figure posted for the last fiscal year. On the Las Vegas Strip, gaming win represented 34.9% of the total revenue reported for the year ended December 31, 2015.
Full-year Clark County casino income was up 1% to $9.6 million. Gambling venues in Downtown Las Vegas posted the largest annual increase than any reporting area in the state. Only three areas within Nevada’s borders reported declines in revenue – the Las Vegas Strip, North Lake Tahoe, and South Lake Tahoe.
Statewide, income from slot machines amounted to $7 billion in 2015, up 3.8%. Revenue from table games dropped 3.8% to $4.1 billion.
