South Shore casinos show slight gain in revenue in June

Submitted by paula on Fri, 07/29/2016 - 7:49am

Income for casinos on the South Shore was up in June, 2016, recording a 6.47 percent gain in gaming win when compared to income from a year ago. They had a "win" of $18,753,534.

The gaming win represents the computed income of casinos before business expenses and taxes.

For the fiscal year, the local casinos continue to be off from last year, with a drop in the gaming win by 3.84 percent.

For the whole state, figures are up 6.8 percent for the month, with North Lake Tahoe casinos posting the biggest gain of 17.70 percent with their income of $2,500,943. The biggest losers were the non-Reno/Sparks, non-Tahoe casinos in Washoe County with a "loss" of 11.50 percent.

The state as a whole had a "win" of $887,413,848 in June.