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South Tahoe casinos have strong November


 
While major markets continue to struggle, particularly in the south, Carson City casinos reported their fourth consecutive monthly increase in gaming win in November.
The Carson Valley Area, which includes valley portions of Douglas County, won $8.94 million, a 1.8%, a $161,000 increase over November of last year. The story was almost completely sports betting. The sports pools that won just $4,000 a year ago raked in $274,000 this November, a 7,345% increase. The driver was the percentage of bets casinos held 22.7% this year compared to 2% a year ago.
Statewide win totaled $771.2 million. That is 17.75% less than the $937.5 million Nevada casinos won a year ago and according to Gaming Control Board Analyst Mike Lawton, 87% of the decrease is from the Las Vegas Strip. ....

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