The world's largest gaming destination — Macau, China — seems to finally
The state's gaming
Nevada's non-restricted gaming licensees reported a total taxable revenue of $927.6 million in October, a 3.7 percent year-over-year increase.
October’s number mark’s a continuation of the strong performance by Nevada casinos so far this fiscal year. Statewide revenue is up 5.6 percent year-over-year since August 1.
Las Vegas Strip
More than $503 million (about 54 percent) of Nevada's total gaming win in October came from the
Taxable revenue for the Vegas Strip was up 8.3 percent year-over-year in October following September’s 7.0 percent gain. So far this fiscal year, Strip revenue is up 6.3 percent compared to last year.
Historic Downtown Las Vegas, which has performed extremely well in recent months, followed a solid September with a huge 28.7 percent revenue gain in October.
So far this fiscal year, Downtown Vegas taxable revenue is up 13.7 percent, the strongest growth number of any region in the state.
Shares of Boyd Gaming Corporation
Tuesday Stock Movements
- Boyd was down 0.36 percent at $19.15.
- Las Vegas Sands was up 0.1 percent at $62.61.
- MGM was up 0.9 percent at $28.99.
- Red Rock was up 1.64 percent at $23.59.
- Wynn was down 0.83 percent at $101.15.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.