Nevada casinos earn just shy of $1b revenue in July

Nevada casino gaming revenue fell just shy of that magical monthly benchmark of $1b in July, despite double-digit declines in some major table games.

Figures released Wednesday by the Nevada Gaming Control Board (NGCB) showed statewide casino gaming revenue hitting just under $998m, a 1.7% decline from the same month last year but over $100k more than the casinos earned in June 2017.

The gains came despite casinos on the Las Vegas Strip reporting revenue falling 7.7% year-on-year to $565.6m. Virtually the entire rest of the state was in positive territory, led by the Boulder Strip, which reported revenue up nearly one-fifth to $66.4m.

Slot machine revenue did its part to boost July’s numbers, rising 5.1% to $632.1m. But table games played spoiler, falling 11.7% to $365.8m, led by double-digit declines at baccarat ($120.9m, -19.6%), blackjack ($100m, -12.2%) and roulette ($32.4m, -14.3%). Craps played contrarian, rising 19% to $40.4m, while the second half of the World Series of Poker gave poker revenue a modest 1% bump to $12.4m.