Nevada Gaming Numbers Lower in May

The Nevada Gaming Control Board has announced the state's May gaming revenues, noting that the Silver State brought in $958 million in gaming revenues, down slightly from last year.

The numbers are slightly lower than last year, when the Floyd Mayweather, Manny Pacquiao fight took place. Still, the numbers were quite impressive, as the Las Vegas Strip brought in $5321 million in May, while downtown Las Vegas winnings were up 13% to $50 million. The Boulder Strip brought in $78 million, and North Las Vegas revenues were up 28% to $27 million.

Speaking about the results NGCB analyst Mike Lawton said, "At the end of the day, we were facing a tough comparison. We don't hit $1 billion too many times. Last May was a hugely successful month that was driven by a strong events calendar."

The numbers were less rosy in Reno though, as casino revenue dropped 5% to $50 million, while Lake Tahoe also experienced a drop, bringing in $14 million.

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2 July 2016 - 6:31pm

Despite the drop in revenues of the land based casinos all over the world looks like Las Vegas doing fine for now, maybe the tendencies there are also revenues to be slightly down but still it looks like quite good year for the local gambling industry.