Wendover casinos showed a modest 1.88 percent gain gaming win this June to $13 million reported the Nevada Gaming commission Wednesday.
While the entire state was off over $75 million this June Wendover casinos saw the slight increase primarily due to good weather and a strong showing on the tables and in the sports books.
click link for report:mrrJune15
“Win” is a gross figure, with no operating costs or other expenses deducted. And it’s casino revenue only _ separate from hotel, restaurant or bar revenues generated by the resorts.
While win indicates a casino market’s profitability another statistic “play” is an indicator of how casino workers are fairing. With some casino workers dependent on tips for up to half of their total income, play, the amount of money wagered by gamblers is a good indicator of how much casino workers received in tips and how many gamblers are actually in the casino.
Slot win was down 1.2 percent to $10.4 million. Slot play was down 1.9 percent to $185.9 million. Slot hold increased from 5.56 percent in June 2014 to 5.6 percent this June.
On the tables win was up 16.3 percent to $2.6 million. Play was down 0.6 percent to $12.4 million while hold grew from 18.19 percent to 21.28 percent.
Total gaming win for the balance of the county dropped by 6.1 percent to $7.2 million.
Slot win was down 7.1 percent to $6.5 million. Slot play was down 5.7 percent to $94.3 million. Slot hold increased from 7.04 percent to 7.21 percent
Thanks to terrible losses on t Baccarat a win was down 8.3 percent state wide to $830
Million. June’s statewide gaming “win” fell 8.37 percent, the report showed, pulled down by a -16.31 percent drop on the Las Vegas Strip. By itself Baccarat was off 56 percent from June 2014.
For the fiscal year, the state is down 1.58 percent from a year earlier.
