Nevada’s May Gambling Revenue Reaches $1.32 Billion

The gaming report for May, which was just issued by the Nevada Gaming Control Board, showed a strong performance with $1.32 billion in statewide revenue.

Compared to the previous year, the total revenue of the state grew by around 2.5%. For 39 months running, Nevada’s total gaming income has been above $1 billion each time. Compared to the same period last year, Nevada’s gaming gain has increased by roughly 4.5% to over $14 billion in just this fiscal year alone.

Moreover, the state collected close to $88.5 million in taxes, marking a nearly 12% rise from the previous year. On the Vegas Strip, total wins rose by 3.7% year-over-year, reaching $742.5 million in May. Downtown Las Vegas also reported an increase, with total wins hitting $74.8 million. Combined, these areas accounted for 61.9% of Nevada’s total gaming revenue in May.

Expansion Plans for Station Casinos

In related news, Station Casinos has submitted a request for agenda items to the Clark County Zoning Commission with the intention of expanding its Durango property in the southwest valley. The commission will talk about the suggestion when it meets on July 3.

On its current site, Station Casinos intends to construct a new casino area as well as a new parking structure. Northwest of the new parking structure will be the location of the proposed casino. A wall with a water feature, an outside patio area, and more restaurant space are all included in the extension.

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Last December, Station Casinos opened its Durango facility and welcomed its first patrons. Renderings of the proposed expansions have not yet been released by the corporation.

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