• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Baccarat drives Vegas Strip’s 18pct rise in casino win

Jul 31, 2019 Newsdesk Latest News, Top of the deck, World  


Baccarat drives Vegas Strip’s 18pct rise in casino win

Baccarat drove the 18 percent year-on-year rise in casino win on the Las Vegas Strip (pictured) in the Nevada, United States, gaming hub, according to official data published on Tuesday.

Baccarat is a casino table game favoured by players of Asian heritage wherever they settle or travel in the world according to investment analysts.

Data posted online by the Nevada Gaming Control Board indicated that “win” in games of baccarat during the month rose to almost US$156.69 million, jumping by 116.78 percent. ‘Win’ in Las Vegas parlance is the amount players bet, minus the money that is paid out by the house in player prizes, according to the University of Nevada, Las Vegas .

“The highest baccarat hold (20.9 percent) since 2003 drove the outsized growth” in Las Vegas Strip win, noted Deutsche Bank Securities Inc’s Carlo Santarelli and Steven Pizzella, referring to the performance of the house relative to the performance of the players.

The brokerage also noted in its Tuesday memo that had baccarat been excluded, the Las Vegas Strip table drop – the amount of money exchanged for gaming chips at the table – would have fallen 7.4 percent in June. Thanks to baccarat business, it actually rose 2.3 percent.

The Nevada regulator said total June casino win on the Las Vegas Strip – including from the main supplier of earnings in that market, slot machines – rose to just under US$616.6 million, or slightly shy of 17.7 percent more than a year earlier.

The data indicated that in the entire state of Nevada, casino win rose to over US$1.04 billion in June, 11.6 percent more than a year earlier.


  • tweet
Related articles
  • Macau 4Q GGR to improve, volatility to remain: analysts
    Macau 4Q GGR to improve, volatility to...

    Nov 02, 2022  

  • Deutsche Bank tips Macau 4Q GGR decline to slow to 25pct
    Deutsche Bank tips Macau 4Q GGR decline...

    Oct 05, 2022  

More news
  • Junket boss Levo Chan heard okaying illicit bets: court
    Junket boss Levo Chan heard okaying...

    Jan 30, 2023  

  • Macau visitor momentum kept for post CNY weekend
    Macau visitor momentum kept for post...

    Jan 30, 2023  


Latest News

Junket boss Levo Chan heard okaying illicit bets: court

Junket boss Levo Chan heard okaying illicit bets: court

Jan 30, 2023  

A Macau court was offered evidence on Monday, including of recordings from police-wiretapped telephone conversation, that the prosecution says proves the direct involvement of Levo Chan Weng Lin...
Read More
Macau visitor momentum kept for post CNY weekend

Macau visitor momentum kept for post CNY weekend

Jan 30, 2023  

South Korea extends travel restrictions on China arrivals

South Korea extends travel restrictions on China arrivals

Jan 30, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


451,047

Aggregate number of visitors to Macau during the Chinese New Year holiday period



Most Popular

  • Available Macau casino tables busy at tail of CNY holsAvailable Macau casino tables busy at tail of CNY hols January 27, 2023
  • Almost half million visitors to Macau for 7 days of CNY holsAlmost half million visitors to Macau for 7 days of CNY hols January 30, 2023
  • Macau visitor momentum kept for post CNY weekendMacau visitor momentum kept for post CNY weekend January 30, 2023
  • G2E Asia in-person for Macau in 2023, first time since 2019G2E Asia in-person for Macau in 2023, first time since 2019 January 27, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us