Nevada casinos win big in June, fiscal year 2016
LAS VEGAS >> Casinos in Nevada saw a 6.8 percent gaming win in June, bringing in a total of $887.4 million statewide.
The Las Vegas Review-Journal reports that a strong June brought the total gaming win for fiscal year 2016 to $11.1 billion, an increase of less than 1 percent over the prior fiscal year.
Nevada’s statewide gaming win in 2016 was the fifth in six years, following a 1.6 percent decline in fiscal year 2015. The total win of $11.1 billion remains 12.7 percent below the Nevada peak in the pre-recession year of 2007.
While Nevada casinos won overall, some areas did better than others. The Strip ended slightly negative, with a 0.64 percent loss on $6.3 billion in revenue, as did South Lake Tahoe, which had negative 3.8 percent of 2015.
6 responses to “Nevada casinos win big in June, fiscal year 2016”
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Our Hawaii gamblers must lose a lot of money in Las Vegas. Are there statistics as to how many $$ millions are lost in Nevada by our locals?
Does it really matter? The gambling lobbyists grease our legislators palms so that we will never have gambling here. BTW, under the guise of immoral, takes from the poor, ethnically wrong, etc. Tax and spend–who needs a neat gambling source of revenue? With our tourists it would be a goldmine!!!
Vegas Baby
When are our politicians going to write legislation to build casinos in Hawaii and keep the $$ here in the islands ?
We already have marijuana dispensaries.
It’s just like the gamblers; they only tell us about the winners, not the losers.
I’ve said this before, and I’ll say it again. Start a casino cruise ship and sail it outside of State boundaries. Fill it with good ethnic restaurants of all kinds, Asian, hoale, black, and Polynesian party girls who can please you in every way, add gay boys, Thai massage parlors with room service, the best drink mixers and every spirits from around the world, Cabaret shows, big showroom shows like Las Vegas’, and everything that fulfills the hedonist’s wishes carnal and normal. Rent a huge cruise ship like those monsters in Miami. If fails, return it. If succeeds, start a land-based casino on Molokai or Lanai and revive the SuperFerry or smaller hydrofoils like Hong Kong to Macau routes. No cars. Just electrical jeepneys and small motorcycle taxis. Everybody can walk. Make a giant swimming pool out of that big hole the Navy left. If you can bring back the cheap one dollar breakfasts that Vegas has cancelled we can draw more mainland tourists. Tax hauls should finance a reverse osmosis water plant, solar panels projects for electrical self sufficiency, pay for rail and education. Think about this. BTW can the HSA investigate and print a story WHY the legislators are so adamant about preventing gambling here? A lot of law-abiding citizens just want to enjoy themselves playing poker and shooting the bull. And then the cops swoop in and suddenly make them criminals just for holding a bunch of playing cards in their hands. frustrating hearing about those $500M+ lotteries, and we can’t buy into them. We want to see local folks win.