Nevada casinos suffer fourth straight month of falling revenue

Nevada casino gaming revenue took another step back in the month of April as gamblers treated the state’s table games like they were ATMs.

Official figures released Wednesday by the Nevada Gaming Control Board showed total statewide casino gaming revenue hitting $936.5m in April, a 1.8% decline from the same month last year and around $87m less than the previous month’s result. This marks the fourth straight month — so, every month this year so far — that the state’s gaming revenue has endured a year-on-year fall.

The decline was more pronounced on the Las Vegas Strip, where gaming revenue was down 3.5% to $481.8m. Most of Clark County was also in the red, although downtown Vegas improved 2.1% to $61.8m.

Statewide, slots revenue was almost perfectly flat year-on-year, falling a mere 0.02% to $658.8m. The ‘table, counter and card games’ category was dealt a tougher hand, falling 5.8% to $277.7m.