Nevada generates $1.32bn in May gambling revenue

June 28, 2024
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The state has surpassed the $1bn monthly revenue mark for more than three years.

The Nevada Gaming Control Board has released its May gambling report. Revenue statewide reached $1.32bn during the month.

Overall state revenue rose by nearly 2.5% when compared to results from a year ago.

The state has brought in more than $1bn in total gaming revenue for the past 39 months, according to the report.

So far this fiscal year, Nevada gaming has brought in more than $14bn in win. When compared to the same period last year, this figure represents a nearly 4.5% increase in activity.

The state collected close to $88.5m in taxes, nearly 12% more than what the state brought in a year ago.  

Total win on the Vegas Strip rose by 3.7% year-over-year. Total win on the Strip during May reached $742.5m. Downtown Las Vegas win also rose last month to reach $74.8m. Combined, this accounts for 61.9% of all gaming revenue made in Nevada in May.

In other state news, Station Casinos recently filed an agenda item in Nevada with the Clark County Zoning Commission ahead of an upcoming meeting to expand its southwest valley Durango property.

The Clark County Zoning Commission is scheduled to meet July 3. According to the local news report, Station Casinos has stated that it wants to add a new parking garage, as well as build a new casino area on its existing property.

The new casino area would be northwest of the parking garage structure. Station Casinos has also proposed adding restaurant space, as well as a water feature wall and outdoor patio area.

The company has not released any renderings of its proposed additions as of late.

Station Casinos opened its Durango location a few months ago, welcoming its first guests last December.


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