LAS VEGAS (AP) — July was good for casinos in Nevada, where state regulators say house winnings topped $1 billion for the fourth time in seven months this year.
The Nevada Gaming Control Board reported Wednesday the statewide "gaming win" in July was up 2.9% compared with the same month in 2018.
The state reported taking in $73.9 million in percentage fees on those figures. That's up 32.5% from a year ago, but board analyst Michael Lawton says that's because casinos took tax credits in July 2018.
Lawton says house winnings on increased slot machine play contributed to a 4.4% year-to-year statewide casino win increase last month.
Las Vegas Strip properties reported a 1.6% increase in overall winnings.
Gambling taxes are second to sales taxes as a percentage of Nevada's $14 billion annual budget.