Strip Surge Continues, Gaming Win Up in March

Posted on by & filed under Nevada by the Numbers Blog.

Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $1,024,316,755 for the month of March 2018 according to the state’s Gaming Control Board. This amounts to a 3.37% increase compared to March 2017, when licensees reported a gaming win of $990,969,814. For the fiscal year (July 1, 2017 through March 31, 2018), gaming win has increased 2.44%.

As is usually the case, as goes the Strip goes the state. And the Strip had a tremendous March, with gaming win up 9.1% over the year. This was enough bring the area back in the black for the fiscal year, erasing the fall/winter downturn. Downtown Las Vegas, which is usually a top performer, took the largest tumble in the state in March, falling 14.18% from the same month a year ago. Boulder Strip, North Las Vegas, and outlying areas in Southern Nevada also saw declines.

In Northwestern NV, North Lake Tahoe led the way with a 16.12% increase in gaming win over the year. Meanwhile, South Lake Tahoe saw the area’s only decline, and at 12.84% it was a big one. Also, quick shoutout to West Wendover – this tiny northeastern city on the Utah border has the only double-digit growth for gaming win for the fiscal year to date.