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Nevada casino revenue falls in August

  • Casinos in Nevada reported that revenue fell 5.23% to $860.7M in August.
  • Revenue on the Las Vegas Strip fell 15% to $449.6M, while downtown Las Vegas casinos saw a 7% rise during the month to $43M. Revenue from Reno casinos was flat at $51M.
  • In a little bit of a sign of the times, Blackjack winnings ($81M) outpaced the Baccarat win tally ($74M).
  • Nevada Gaming Control Board full report (.pdf)
  • Related stocks: CZR, CACQ, BYD, FLL, CZR, WYNN, MGM, LVS.
  • Related ETF: BJK.

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