Nevada Gaming Statistics: July Comparison Executive Summary of 10-Year Revenue and Handle Trends

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Executive Summary of 10-Year Revenue and Handle Trends This report compares monthly Nevada gaming results for July over the past ten years for selected reporting areas: Statewide, Las Vegas Strip, Downtown Las Vegas, Boulder Strip, and Washoe County. July 2017 demonstrated that dependence on high-end play baccarat in particular can swing both ways. The Las Vegas Strip, which gets a large percentage of its total win from baccarat, lost this month as baccarat play declined; other parts of the state saw increases. Statewide, overall revenues fell by 1.68%. Slot win was up, with an increase in hold and handle. Game revenues were down 11.73%, thanks in large part to a 19.59% drop in baccarat win. On the Las Vegas Strip, total gaming win was down 7.73%. Slot win decreased by 1.16%, with handle slightly higher and a lower hold. Game win fell by 13.00%, chiefly because of an 18.26% drop in baccarat win. This was despite a higher hold percentage and because of a 19.87% drop in handle. Had hold been in its usual 10-12% range, this would have been an even worse month for the Strip. Downtown Las Vegas saw overall win grow by 7.84%. Slot win grew by 22.44%, almost entirely because of a 20.58% jump in slot hold. Tables saw a reverse, as game win fell by 23,60% despite a massive 44.67% jump in handle; tables and games simply held much less this month. The Boulder Strip, a weathervane for local Las Vegas play, was up, with overall fin up 19.34%, powered by a 23.05% jump in slot win, which was in turn driven by a big jump in hold percentage. Game revenue fell by 5.28% despite higher hold, due to lower levels of play. Washoe County saw a 2.27% overall gain in win thanks to higher slot win, slot hold, slot handle. Game win and handle were both down, however. Since Washoe County is a predominantly slots market, this did not have a huge impact on the overall bottom line. Tables for Statewide, Las Vegas Strip, Downtown Las Vegas, Boulder Strip, and Washoe County follow.

For more information, see http://gaming.unlv.edu or contact Dr. David G. Schwartz, Director ph (702) 895-2242 dgs@unlv.nevada.edu Nevada Gaming Statistics: July Comparison Statewide figures for the month of July, 2008-2017 Total Revenue 997,344 872,664 829,674 860,090 1,005,876 925,730 931,820 922,887 1,015,015 997,973 Slot Revenue 678,136 577,881 525,452 544,415 591,279 585,593 568,880 600,337 600,564 632,131 Slot Handle 10,696,151 9,365,981 9,028,385 9,501,134 8,851,482 8,753,259 8,752,000 8,973,647 9,296,656 9,592,276 Slot Hold % 6.34 6.17 5.82 5.73 6.68 6.69 6.50 6.69 6.46 6.59 # of Slots 169,559 169,454 166,390 163,558 158,917 156,028 152,649 148,820 145,874 142,107 Game Revenue 304,780 281,454 291,433 302,150 402,615 327,757 351,549 322,549 414,451 365,842 Game Handle 2,523,013 2,161,705 2,495,146 2,795,097 2,841,320 2,702,036 2,848,857 2,479,239 2,634,781 2,413,206 Game Hold % 12.08 13.02 11.68 10.81 14.17 12.13 12.34 13.01 15.73 15.16 # of Games 5,676 5,594 5,506 5,430 5,331 5,291 5,381 6,112 6,064 5,918 Baccarat Rev. 53,948 68,228 74,406 89,688 189,933 118,822 135,298 104,075 150,337 120,885 Baccarat Handle 561,958 534,702 743,317 918,934 1,184,860 1,040,473 1,259,758 816,275 911,133 787,524 Baccarat Hold % 9.60 12.76 10.01 9.76 16.03 11.42 10.74 12.75 16.50 15.35 # of Bacc Games 181 206 245 249 261 288 321 329 343 369 # of locations 336 331 329 331 327 329 329 323 324 327 All non-restricted locations, Statewide Total Revenue, Slot Revenue, Baccarat Revenue, & Game Revenue: Win reported for each category; how much money casinos kept, in thousands of dollars (add 000 for totals) Slot, Baccarat, & Game Handle: Estimate of how much was gambled by patrons in each category Number of Slots, Games, & Baccarat Tables: Statewide totals for each category

All data taken from Gaming Revenue Reports for their respective year; accessible at http://gaming.nv.gov/index.aspx?page=149 Nevada Gaming Statistics: July Comparison Las Vegas Strip figures for the month of July, 2008-2017 Total Revenue 519,175 461,336 461,349 468,540 597,455 511,448 536,159 524,970 613,019 565,606 Slot Revenue 286,039 235,917 217,649 224,099 248,005 234,423 239,303 261,210 272,693 269,527 Slot Handle 3,854,973 3,290,335 3,186,662 3,458,318 3,200,065 3,172,165 3,229,460 3,285,660 3,425,791 3,523,229 Slot Hold % 7.42 7.17 6.83 6.48 7.75 7.39 7.41 7.95 7.96 7.65 # of Slots 49,879 49,173 48,637 48,552 45,978 44,496 44,046 42,053 40,859 38,434 Game Revenue 224,329 217,374 235,427 235,530 341,514 269,308 289,139 263,759 340,325 296,079 Game Handle 1,979,956 1,702,224 2,050,758 2,338,928 2,415,233 2,216,527 2,391,555 1,984,643 2,136,378 1,875,104 Game Hold % 11.33 12.77 11.48 10.07 14.14 12.15 12.09 13.29 15.93 15.79 # of Games 2,712 2,736 2,809 2,816 2,709 2,721 2,793 3,174 3,184 3,078 Baccarat Revenue 52,826 67,391 73,452 88,899 189,867 115,000 133,481 105,661 148,527 121,399 Baccarat Handle 552,573 527,729 736,730 914,599 1,179,298 992,235 1,232,512 798,647 932,373 747,071 Baccarat Hold % 9.56 12.77 9.97 9.72 16.1 11.59 10.83 13.23 15.93 16.25 # of Bacc Games 169 194 234 236 253 273 306 310 322 325 # Locations 41 40 41 41 41 41 41 40 40 40 All non-restricted locations, Las Vegas Strip Total Revenue, Slot Revenue, Baccarat Revenue, & Game Revenue: Win reported for each category; how much money casinos kept, in thousands of dollars (add 000 for totals) Slot, Baccarat, & Game Handle: Estimate of how much was gambled by patrons in each category Number of Slots, Games, & Baccarat Tables: Statewide totals for each category

All data taken from Gaming Revenue Reports for their respective year; accessible at http://gaming.nv.gov/index.aspx?page=149

Downtown Las Vegas figures for the month of July, 2008-2017 Total Revenue 44,995 39,802 32,134 35,419 41,235 39,395 38,294 40,800 41,833 45,113 Slot Revenue 35,627 29,957 23,445 26,600 32,820 30,949 29,490 30,517 28,565 34,976 Slot Handle 511,148 471,764 448,279 458,621 438,184 422,801 406,198 435,335 438,786 445,554 Slot Hold % 6.97 6.35 5.23 5.8 7.49 7.32 7.26 7.01 6.51 7.85 # of Slots 11,964 12,033 11,779 10,990 10,911 10,586 10,692 10,427 9,553 9,685 Game Revenue 8,859 9,300 8,277 8,385 8,052 8,082 8,457 10,283 13,268 10,137 Game Handle 79,169 74,460 71,231 67,950 62,370 67,406 76,396 91,404 94,434 136,617 Game Hold % 11.19 12.49 11.62 12.34 12.91 11.99 11.07 11.25 14.05 7.42 # of Games 400 408 405 377 397 379 411 441 422 447 # of Locations 19 19 19 19 19 18 18 18 14 16 All non-restricted locations, Downtown Las Vegas Total Revenue, Slot Revenue, and Game Revenue: Win reported for each category; how much money casinos kept, in thousands of dollars (add 000 for totals) Slot and Game Handle: Estimate of how much was gambled by patrons in each category Number of Slots and Games: Statewide totals for each category All data taken from Gaming Revenue Reports for their respective year; accessible at http://gaming.nv.gov/index.aspx?page=149

Boulder Strip figures for the month of July, 2008-2017 Total Revenue 70,507 65,730 54,671 61,883 72,580 75,560 68,167 60,631 55,666 66,434 Slot Revenue 60,607 56,689 48,745 52,015 64,812 69,573 62,447 53,826 48,374 59,526 Slot Handle 1,161,054 1,102,899 1,041,560 1,229,669 1,033,684 998,178 969,674 1,009,869 1,051,609 1,061,070 Slot Hold % 5.22 5.14 4.68 4.23 6.27 6.97 6.44 5.33 4.60 5.61 # of Slots 19,321 20,009 21,537 21,543 20,574 20,355 18,805 18,491 18,463 17,910 Game Revenue 8,956 8,077 5,139 9,160 7,129 5,400 5,246 6,805 7,293 6,908 Game Handle 60,148 68,975 76,473 83,577 80,011 67,669 52,724 55,506 54,752 51,057 Game Hold % 14.89 11.71 6.72 10.96 8.91 7.98 9.95 12.26 13.32 13.53 # of Games 316 364 313 312 318 306 295 335 340 319 # of Locations 34 35 34 35 33 33 31 30 31 32 All non-restricted locations, Boulder Strip Total Revenue, Slot Revenue, and Game Revenue: Win reported for each category; how much money casinos kept, in thousands of dollars (add 000 for totals) Slot and Game Handle: Estimate of how much was gambled by patrons in each category Number of Slots and Games: Statewide totals for each category All data taken from Gaming Revenue Reports for their respective year; accessible at http://gaming.nv.gov/index.aspx?page=149

Washoe County figures for the month of July, 2008-2017 Total Revenue 88,501 71,223 69,732 70,698 64,904 67,124 66,432 69,662 76,130 77,856 Slot Revenue 68,665 57,942 57,483 57,030 52,245 54,827 53,988 57,672 61,381 63,813 Slot Handle 1,288,274 1,140,591 1,127,118 1,098,844 1,034,554 1,050,326 1,071,190 1,084,060 1,134,584 1,168,736 Slot Hold % 5.33 5.08 5.10 5.19 5.05 5.22 5.04 5.32 5.41 5.46 # of Slots 21,293 19,201 18,593 18,154 17,784 17,731 18,141 17,051 16,843 16,537 Game Revenue 18,831 12,417 11,407 12,826 11,980 11,609 11,813 11,990 14,749 14,043 Game Handle 106,030 81,316 81,246 80,515 70,388 76,075 81,133 85,521 94,727 87,989 Game Hold % 17.76 15.27 14.04 15.93 17.02 15.26 14.56 14.02 15.57 15.96 # of Games 643 576 554 538 527 536 548 591 564 547 # Locations 49 48 45 47 46 45 47 44 45 44 All non-restricted locations, Washoe County Total Revenue, Slot Revenue, and Game Revenue: Win reported for each category; how much money casinos kept, in thousands of dollars (add 000 for totals) Slot and Game Handle: Estimate of how much was gambled by patrons in each category Number of Slots and Games: Statewide totals for each category All data taken from Gaming Revenue Reports for their respective year; accessible at http://gaming.nv.gov/index.aspx?page=149