Nevada gaming revenue declined for the fourth consecutive month in April, dipping 1.8 percent versus the same month last year to $936.5 million.
Year to date, the take statewide is down 1.4 percent compared to the first four months of 2018, according to new figures released by the Nevada Gaming Control Board.
The Las Vegas Strip, which is down 3.3 percent over the same period, didn’t fare any better in April either. Win declined 3.5 percent year on year, despite the first positive month for baccarat since November. Revenue from the game𑁋a proxy for the Strip’s attractiveness as a destination for international high-end play𑁋rose 2.5 percent for the month to $66.8 million on a surge in wagering of nearly 17 percent.
On the down side, blackjack, craps and roulette all recorded double-digit declines. Slot machine revenue for the month was up less than 1 percent.
“On the whole the Strip results were decidedly mixed and likely reflect some impact from the Easter calendar shift,” said Stifel analyst Steven Wieczynski.
April was a relatively flat month as well for the Las Vegas locals market; but Downtown was up 2.1 percent to $61.7 million and is up 2.8 percent year to date.
Good news in Northern Nevada, too, where Reno ended a four-month slide with a 3.2 percent increase to $48.9 million.
Statewide, sports betting also continued to perform well. Revenues rose 32.7 percent in April to $21.7 million on a 3.9 percent increase in bets to $328.1 million.
