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Nevada casinos top $1B in monthly winnings; 6th time in 2019

Poker tables disappearing from casinos
Posted at 11:24 AM, Nov 26, 2019
and last updated 2019-11-26 14:24:06-05

LAS VEGAS (AP) — Nevada casinos reaped more than $1 billion in winnings in October, marking the sixth time this year the state has topped the mark in a key monthly index of fiscal health.

A strong Nevada Gaming Control Board revenues report on Tuesday reflected a tough comparison with a year ago.

Board analyst Michael Lawton says the $1.02 billion that casinos statewide reported in monthly "gaming win" was down 3.8% compared with the same month a year ago.

That's because October 2018 was an exceptionally good month, topping $1.06 billion in winnings.

Lawton says house winnings decreased last month on games including baccarat, blackjack and roulette.

Slot machine figures were flat.

The state collected $62.3 million in taxes based on the October 2019 figures. That's up 9.4% from a year ago.