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Business: July’s gaming revenue down 5% from previous year

By ThisIsReno
Reno Business Weekly

Gambling revenue in Washoe County was down 5.3% in July from last year in the same month. That’s according to the Nevada Gaming Control Board which released today revenue numbers for the state as a whole.

According to the board’s economist, Michael Lawton, “the comparison is difficult due to the fact that the month we are comparing against (July 2021) was up 28.1% or $29.9 million over July of 2019. 

“To put it more in perspective, July 2021 had a total win amount of $100 million, which was the highest win total recorded by the region since June of 1999 and represented the eighth highest win total all-time for Washoe County,” he added. “Thus, July of 2021 is a very difficult month to be comparing against.”

Statewide, the drop in July was 3% compared with July of ‘21.

“Nevada’s nonrestricted gaming licensees reported a total ‘gaming win’ of $1,315,987,732 for the month of July 2022,” the board noted in a press release published on Twitter. “This amounts to a 3.17% decrease compared to July 2021, when licensees reported a gaming win of $1,359,057,512.”

Lawton added, however, that year-to-date revenue this year in Washoe County is up 1% versus last year during the same period.

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Bird e-scooters were launched in Reno on April 21, 2022. Image: Ty O'Neil / This Is Reno
Bird e-scooters were launched in Reno on April 21, 2022. Image: Ty O’Neil / This Is Reno

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