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Nevada Casinos Win Big in June, Fiscal Year 2016

LAS VEGAS (AP) — Casinos in Nevada saw a 6.8 percent gaming win in June, bringing in a total of $887.4 million statewide.

The Las Vegas Review-Journal reports that a strong June brought the total gaming win for fiscal year 2016 to $11.1 billion, an increase of less than 1 percent over the prior fiscal year.

Nevada’s statewide gaming win in 2016 was the fifth in six years, following a 1.6 percent decline in fiscal year 2015. The total win of $11.1 billion remains 12.7 percent below the Nevada peak in the pre-recession year of 2007.

While Nevada casinos won overall, some areas did better than others. The Strip ended slightly negative, with a 0.64 percent loss on $6.3 billion in revenue, as did South Lake Tahoe, which had negative 3.8 percent of 2015.

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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