Nevada Casinos Report Record October Win

If Nevada is in an economic crisis, someone ought to tell the state's dominant casino industry which had a record monthly win of $1.16 billion in October.

A state Gaming Control Board report shows that the win, driven by losses by high-stakes baccarat players in Las Vegas Strip megaresorts, gave the clubs a statewide gain of nearly 10 percent over the same month a year earlier.

The $1.16 billion win eclipses the previous month-over-month record of $1.15 billion set in July.

Las Vegas-area casino action accounted for $1 billion of the total, and marked the first time the southern Nevada resorts hit that level.

But the southern Nevada gains didn't extend to the Reno-Tahoe area in northern Nevada.

Highlights:

STATEWIDE: Record $1.17 billion, up 9.6.

LAS VEGAS STRIP: $637.8 million, up 19.8 percent.

DOWNTOWN LAS VEGAS: $60.1 million, up 0.7 percent.

LAUGHLIN: $53.7 million, down 2.3 percent.

RENO: $61.9 million, down 8.7 percent.

STATELINE: $27.3 million, down 6.4 percent.

ELKO COUNTY: $25.9 million, up 4.5 percent.


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