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Baccarat Nosedive and Mixed Slots Play Affect Nevada’s Bottom Line

Freitag, Februar 14th, 2020

Baccarat Nosedive and Mixed Slots Play Affect Nevada’s Bottom Line

*****Slot machine revenues took a drop in Vegas for June*****

Ends up all those James Bond movies where baccarat casino games are the play ground of the rich have actually some truth for them; the Las Vegas Strip didn’t have great gaming numbers this June, and it’s being straight attributed to an undesirable showing in baccarat play. But as the sleep of Nevada’s casinos are nevertheless attempting to play gambling revenue catch-up, the Las Vegas Strip, at least, is seeing incremental increases once more in slot machine play.

Baccarat and Slots Affect Bottom Lines

The more than 10 % drop in gaming revenues through the Silver State in June to $434.7 million was also due to an overall drop in slot play; less glam than baccarat, but definitely a bread-and-butter casino staple. According to recently released Gaming Control Board reports, Nevada casinos across the entire state took in close to $792.5 million in June, and that is a 4.81 % dip in comparison to $832.5 million for equivalent month year that is last.

But, actual slot device play increased for the third straight month in a line on the Strip it self, which analysts take being a good sign of movement towards data recovery. One Sterne Agee gaming analyst, David Bain, said the increase in play per se of 1.1 per cent in April, 1.7 % in May and 0.2 percent in June shows that the less well-heeled, however crucial midlevel gamblers are finding its way b (mehr …)