Nevada gaming revenue up 7.8 percent in November

Tapanee “Jib Jib” Songsee deals blackjack Monday, April 21, 2014, at the Cromwell.

Nevada gaming revenue increased 7.8 percent in November, led by a particularly strong month for casinos in Clark County, the state reported today.

The Gaming Control Board said statewide gaming revenue was $944.3 million last month compared to $876.2 million in November 2014. The increase came despite a 14.3 percent drop in statewide revenue from baccarat, a major money-making table game, while statewide slot revenue rose 13.2 percent.

Most areas of Clark County saw significant increases from November of last year. On the Strip, by far the state’s largest market, gaming revenue rose 5.4 percent to $535.6 million. There, baccarat revenue fell 14.1 percent to $109.6 million, while revenue from slot machines grew 15.2 percent to $265.1 million.

Downtown Las Vegas had an even better month. Gaming revenue there grew 25.2 percent to $53.7 million, with slot revenue rising 30.7 percent.

North Las Vegas, Laughlin and the Boulder Strip, meanwhile, reported gaming revenue increases of 22.9 percent, 3.1 percent and 21.5 percent, respectively. Mesquite’s gaming revenue fell 4.3 percent year over year.

Overall, Clark County gaming revenue increased 8.4 percent from November of last year.

The state’s northern casino markets had a good month, too. In Washoe County, gaming revenue rose 3.4 percent year over year to $61.3 million. Reno’s revenue increased 3.3 percent to $44.5 million.

And South Lake Tahoe’s gaming revenue for the month was $14.2 million, up 17.3 percent from November 2014.

The state collected $62 million in taxes on November’s gaming revenue, a 30.7 percent increase from the year before.