With revenue in the world’s largest gaming destination, Macau, China, continuing to decline, 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 August. Here’s a summary of the report.
The Numbers
Nevada’s non-restricted gaming licensees reported a total “gaming win” of $908,240,074 in August, a 1.39 percent year-over-year decrease.
The fiscal year is off to a slow start for the state of Nevada. Total win from July 1, 2015, through the end of August is down 1.1 percent from last year.
Las Vegas Strip
More than $527 million (about 58 percent) of Nevada’s total gaming win in August came…
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