Las Vegas Hits The Jackpot

Setting Their One-Month Record: $1.14 billion in May

The state Gaming Control Board reported Thursday that the casinos’ “win” for May was about $2 million higher than the previous record, set in January 2006, and a 1.5% gain compared with the same month a year ago. Gov. Jim Gibbons said that along with the record win for casinos the state saw an increase of 16.4% in its percentage fee collections from resorts, which enabled the state to end its fiscal-year collections from the casinos slightly ahead of earlier projections. Gamblers wagered $14.7 billion in Nevada during May, betting $11.8 billion on slot machines alone. Resorts on the Las Vegas Strip reported a 1.4% gain while downtown Las Vegas casinos were up 0.3% in May.

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