Nevada Casino Win Drops to Year Low

This story was published more than 2 years ago.

Nevada's gaming win for August dipped to a yearly low of $913 million, which regulators are attributing to a lack of major events in Las Vegas.

The Nevada Gaming Control Board reported that state casino win was down 7.7% from the year prior, while Las Vegas numbers were down 12.4% to $477.9 million. The numbers were down due to the August 2017 boxing match between Floyd Mayweather and Conor McGregor, which drew in a huge number of players to witness the fight. To illustrate the impact of the fight, sportsbetting revenues were down 63% to $12.6 million.

Speaking about the results NCGB Senior Analyst Michael Lawton said, "Last year's increase was driven in part by a very successful fight between Mayweather and McGregor. As a result, we are disappointed but not surprised by this August being down 12.4 percent on the Strip."

"We are anticipating that this is a short-term trend affecting the third quarter."

It'll be interesting to see how the numbers for September come in, as they should be reported later this month.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
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bgsharpe
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5 October 2018 - 3:01pm
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Yeah, of course Mayweather v McGregor fight can't be replaced by another such event this year and obviously that reflects over the Vegas casinos revenues but I wonder if they could arrange themselves a big boxing fight like that every year during that time, apparently it's not that simple and would be quite expensive event too.