Vegas Strip Revenue Down 3.9% In March

With revenue in the world’s largest gaming destination – Macau, China – still depressed, casino investors are looking to the state of Nevada for some much-needed revenue growth this year.

The state’s Gaming Control Board has released its report on gaming revenue for the month of March. Here’s a brief overview.

The Numbers

Nevada’s non-restricted gaming licensees reported a total “gaming win” of $922,272,002 in March, a 3.0 percent year-over-year decrease.

The fiscal year has been solid for the state of Nevada so far. Total win from July 1, 2015, through the end of March is up 1.0 percent compared to the same period a year ago.

Las Vegas Strip

More than $486 million (about 53 percent) of Nevada’s total gaming win in March came…

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