A pandemic can really be a downer when it comes to slot machine profits. Before closing for the Coronavirus outbreak a few weeks ago, Nevada casinos had a great February pulling in over $1 billion in winnings for the third consecutive month… then things came to a crashing halt. Slot machine winnings were up 6.6% in the year-to-year comparison, based largely on volume.
The Nevada Gaming Control Board attributed the third-highest figures ever in February to the calendar, including a leap-year extra day, and clear winter weather in Northern Nevada. Even the winnings in Reno and Washoe County jumped by 27% while South Lake Tahoe properties reported about a 21% rise in the year-over-year comparison. Casino winnings on the Vegas strip, however, were flat for February… and downtown Las Vegas properties were down over 4%.
Read more about what’s happening at Nevada casinos at the Las Vegas Sun.