Nevada Financials Dip

This week the Nevada Gaming Control Board revealed the state's July 2017 gaming numbers, noting a slight decline from the year prior.

For the month Nevada casinos brought in $998 million in revenues, which is down 1.7% from last year. The game of baccarat took a big hit during the month, as revenues dropped 19.6% from the year prior to $120.9 million. The regulator said that the drop in baccarat performance caused the decline in revenues, but noted that other sectors are sitting strong.

The regulator also claims that its predicting August revenues to be very impressive, given the huge bet volume for the Floyd Mayweather/Conor McGregor fight.

Year to date numbers are going strong, with casino revenues up 2.6% compared to 2016.

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bgsharpe
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1 September 2017 - 8:46pm
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Yeah Mayweather/ McGregor fight should compensate Vegas pretty well for all the other troubles, Mayweather announced his intention to retire but with so big funds involved I won't be surprised to see a rematch next year.