Statewide casino revenue in Nevada sees slight drop in July


Casinos in Nevada were not as lucky in July.

Nevada gambling regulators on Thursday released data showing statewide casino revenue declined for the first time in six months.

The Nevada Gaming Control Board reports casinos won $996.4 million in July. That’s a 0.2 percent decrease compared with the same month last year.

Board senior analyst Michael Lawton says hold percentages for some table games were not good last month.

The statewide decrease was driven by casinos on the Las Vegas Strip, where revenue shrunk 5.8 percent to about $533.1 million.

Meanwhile, casinos in downtown Las Vegas saw their revenue increase 8.2 percent to $48.8 million.

Some Strip casino-resort operators earlier this month during earnings calls said they expected weak results for the ongoing quarter.

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