Downtown Vegas Continues To Outperform The Strip In July

With revenue in the world’s largest gaming destination, Macau, China, continuing to slump, casino investors have been looking to the state of Nevada for some much-needed good news this year. The state’s Gaming Control Board recently released its report on gaming revenue for the month of July. Here’s a summary of the report.

The Numbers

Nevada’s non-restricted gaming licensees reported a total “gaming win” of $922,886,804 in July, a 0.96 percent year-over-year decrease. July marks the beginning of the new fiscal year for Nevada, after statewide gaming revenue declined by 1.5 percent last fiscal year.

Las Vegas Strip

More than $524 million (about 57 percent) of Nevada’s total gaming win in July came…

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