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.
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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