North Lake Tahoe casinos win big, up 17.7% in February | SierraSun.com

North Lake Tahoe casinos win big, up 17.7% in February

Geoff Dornan
gdornan@nevadaappeal.com

By the numbers

Area — February Win — Percentage Change

Statewide — $989.8 million — 8.05%

Carson Valley — $8.23 million — 7.69%

South Shore — $16.2 million — 3.84%

North Shore — $2.07 million — 17.68%

Washoe County — $65.85 million — 8.59%

Reno — $48.2 million — 6.91%

Clark County — $863.3 million — 8.34%

The Strip — $570.25 million — 7.32%

CARSON CITY, Nev. — Nevada casinos reported total win of $989.8 million in February, an 8 percent increase over the same month last year.

That is an increase of $73.7 million. Gaming win has now increased in three of the last four months.

North Shore casinos at Tahoe reported an increase of 17.7 percent to just over $2 million. The increase was evenly split between table games — 25.3 percent — and slots — up 14 percent. The total increase was about $311,000.

South Shore casinos at Lake Tahoe were up 3.8 percent in February, a total of $598,000 to $16.2 million. That is South Shore’s fourth consecutive monthly increase.

Washoe County was up 8.6 percent to $65.8 million. One driver was a 7.8 percent increase in visitation. Washoe has now had just one decrease in the last six months.

Gaming Control board Analyst Mike Lawton said a large part of the increases can be attributed to the calendar.

First, February had an extra day this year because of leap year. Second, all of the run-up to the Super Bowl that occurred in January last year happened in February this year, because the game was on the seventh instead of the first of the month.

Sports betting saw a 99 percent increase this February, up $13.9 million to about $28 million.

Game and Table win totaled $380.4 million for the month. While that is up 8.3 percent, it’s comparing to a weak game and table win a year ago when the total was down 9 percent.

Slot win was up 7.8 percent to a bit more than $609 million. That is the fourth consecutive increase in slot win for the state’s non-restricted gaming licensees.

Because of the calendar, Lawton said every market in the state was up in February.