Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Las Vegas Strip Gambling Revenue Jumps 28% in July on Baccarat

Don't Miss Out —
Follow us on:

Sept. 10 (Bloomberg) -- Gambling revenue on the Las Vegas Strip surged 28 percent to $597.5 million in July, driven by an increase in baccarat play.

Total Nevada gaming revenue rose 17 percent to $1.01 billion in July from a year earlier, the state’s Gaming Control Board said today in a statement. Monthly proceeds for Clark County, which includes downtown Las Vegas as well as the Strip, increased 21 percent to $867 million, the board said.

Strip baccarat revenue more than doubled to $190 million in July, compared to the same period last year. Craps also gained.

MGM Resorts International, the largest casino operator on the Las Vegas Strip, rose 1 percent to $10.81 at 10:51 a.m. in New York. Wynn Resorts Ltd. gained 0.3 percent to $103.01 while Caesars Entertainment Corp. fell 0.3 percent to $7.20.

To contact the reporter on this story: James Callan in New York at jcallan2@bloomberg.net

To contact the editor responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.