{"id":39063,"date":"2016-09-01T13:00:44","date_gmt":"2016-09-01T20:00:44","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=39063"},"modified":"2016-09-01T11:32:29","modified_gmt":"2016-09-01T18:32:29","slug":"nevada-casino-revenue-benefits-julys-bonus-weekend","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/nevada-casino-revenue-benefits-julys-bonus-weekend\/","title":{"rendered":"Nevada Casino Revenue Benefits From July’s Bonus Weekend"},"content":{"rendered":"
\"Nevada
Nevada casino revenue was as hot as the weather in July, as statewide revenues surpassed the $1 billion mark. (Image: Las Vegas Review-Journal file)<\/figcaption><\/figure>\n

Nevada casino revenue soared in July and surpassed $1 billion in total gaming win for the first time in 14 months. Thanks to five full weekends and a long Independence Day holiday, the state’s gambling floors took in $1,015,015, a 9.96 percent increase year-over-year.<\/p>\n

The even better news for the gambling industry in the Silver State is that the Las Vegas Strip was the best performer. Revenues for Strip casinos totaled $613 million, a nearly 17 percent gain on figures from July 2015.<\/p>\n

Baccarat was the leading percentage gain winner of the major table formats. The card game accounted for $150.3 million statewide, a 44.5 percent increase.<\/p>\n

“From the state’s point of view, that was a pleasant surprise on the baccarat side,” Nevada Gaming Control Board Senior Analyst Michael Lawton told the Associated Press.<\/p>\n

Of the month’s 31 days, 16 days were a Friday, Saturday, Sunday, or holiday.<\/p>\n

And the weather in Sin City was typical for a Mojave Desert summer month. There was only one day with any sort of measurable precipitation, and that “soaking” rainfall total 0.17 of an inch.<\/p>\n

It was hot, however, with average highs around 107 degrees Fahrenheit, another reason to stay inside the casino.<\/p>\n

Culturally Significant Report<\/b><\/h2>\n

The Lucky Dragon Las Vegas casino is scheduled to open sometime this fall. When it does, it will be targeting the Asian American and Asian tourist. The multi-billion dollar Resorts World will do the same when it opens in 2019.<\/p>\n

The two venues believe the Asian demographic is underserved in Las Vegas<\/a>. July revenues might support that theory.<\/p>\n

\n

Baccarat is one of the most sought-after games for many Asians, and like its statewide figures, the game was up on the Strip 41 percent in July. Strip casinos pulled in $148.5 million from baccarat alone.<\/strong><\/p>\n<\/blockquote>\n

Pai gow is another wildly popular game in Asian communities.<\/p>\n

Like baccarat, pai gow revenues were up in July, but at an even more astonishing level. Though only 11 casinos offer pai gow, the domino game collected $674,000 in July, an 84 percent rise.<\/p>\n

Sports Betting Helps Books<\/b><\/h2>\n

Another very strong performer in the Nevada<\/a> casino revenue report was the sports books. Though the win totaled just $11.1 million, the number represents a more than 1,000 percent gain.<\/p>\n

July is traditionally a yawner of a month for sports books. There’s no football or basketball, and soccer is also rather quiet.<\/p>\n

2016 was different.<\/p>\n

Major League Baseball is approaching the playoffs, and there are several heated races apparently attracting plenty of interest in Nevada. The Los Angeles Dodgers and San Francisco Giants are in a close race out west, and the Toronto Blue Jays, Boston Red Sox, and Baltimore Orioles are dueling back east.<\/p>\n

Oddsmakers won $11.8 million on baseball in July, a 126 percent bump.<\/p>\n

But basketball cost the house $3.2 million. Though the NBA wrapped up its season in mid June with Cleveland winning the Finals, bettors in Vegas looked overseas to international leagues to continue wagering on hoops.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nevada casino revenue soared in July and surpassed $1 billion in total gaming win for the first time in 14 months. Thanks to five full weekends and a long Independence Day holiday, the state’s gambling floors took in $1,015,015, a 9.96 percent increase year-over-year. The even better news for the gambling industry in the Silver […]<\/p>\n","protected":false},"author":42,"featured_media":39065,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18],"tags":[],"acf":[],"yoast_head":"\nNevada Casino Revenue Benefits From July's Bonus Weekend<\/title>\n<meta name=\"description\" content=\"Nevada casino revenue soared in July and surpassed $1 billion in gross gaming thanks largely to five full weekends and a long Independence Day holiday.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nevada Casino Revenue Benefits From July's Bonus Weekend\" \/>\n<meta property=\"og:description\" content=\"Nevada casino revenue soared in July and surpassed $1 billion in gross gaming thanks largely to five full weekends and a long Independence Day holiday.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/nevada-casino-revenue-benefits-julys-bonus-weekend\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2016-09-01T20:00:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-09-01T18:32:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/09\/web1_WLV_2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"430\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/nevada-casino-revenue-benefits-julys-bonus-weekend\/\",\"url\":\"https:\/\/www.casino.org\/news\/nevada-casino-revenue-benefits-julys-bonus-weekend\/\",\"name\":\"Nevada Casino Revenue Benefits From July's Bonus Weekend\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/nevada-casino-revenue-benefits-julys-bonus-weekend\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/nevada-casino-revenue-benefits-julys-bonus-weekend\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/09\/web1_WLV_2.jpg\",\"datePublished\":\"2016-09-01T20:00:44+00:00\",\"dateModified\":\"2016-09-01T18:32:29+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"Nevada casino revenue soared in July and surpassed $1 billion in gross gaming thanks largely to five full weekends and a long Independence Day holiday.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/nevada-casino-revenue-benefits-julys-bonus-weekend\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/nevada-casino-revenue-benefits-julys-bonus-weekend\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/nevada-casino-revenue-benefits-julys-bonus-weekend\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/09\/web1_WLV_2.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/09\/web1_WLV_2.jpg\",\"width\":640,\"height\":430,\"caption\":\"Nevada casino revenue was as hot as the weather in July, as statewide revenues surpassed the $1 billion mark. 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