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Nevada Gaming Control Board: Nevada Gaming Abstract
The Nevada Gaming Control Board has released its “NEVADA GAMING ABSTRACT – 2020.” The ABSTRACT is a report of combined financial information regarding Nevada gaming licensees grossing $1 million or more in gaming revenue during the fiscal year ended June 30, 2020 (FY 2020).
During FY 2020, there were 267 casinos in Nevada which grossed $1 million or more in gaming revenue. Together, these casinos generated net income of $2,893,142,737 from total revenues of $18,348,234,892. These results are improved compared to FY19 when net income of $2,055,525,922 was recorded on total revenues of $24,546,009,009. “Total revenue” is the money spent by patrons on gaming, rooms, food, beverage, and other attractions. “Net income/loss” is the money retained by casinos after expenses have been paid but prior to deducting federal income taxes and prior to accounting for extraordinary expenses. Gaming revenue accounted for $6,746,883,467 or 36.8% of total revenue. These 267 casinos paid $693,999,763 in gaming taxes and fees, equating to 10.3% of their gaming revenue.
On a county-by-county basis, Clark County had 157 casinos grossing $1 million or more in gaming revenue during FY 2020, which generated combined net income of $2,912,541,800 from total revenues of $16,298,422,043. Washoe County had 33 casinos which reported combined net income of $21,290,888 from total revenues of $1,166,315,584. Elko County had 17 casinos with $11,933,545 in combined net income. South Shore Lake Tahoe in Douglas County with 6 licensees reported a net loss of $65,861,830. Carson Valley Area with 15 casinos generated net income of $3,758,939. The balance of the state had 39 casinos earning $9,479,395 in combined net income.
|
Net Income/  |
% Change |
Total |
% Change |
Gaming |
% Change |
|
| Area |
Loss |
from FY 2019 |
Revenue |
from FY 2019 |
Revenue |
from FY 2019 |
| Statewide |
$2,893,142,737 |
40.7% |
$18,348,234,892 |
-25.2% |
$6,746,883,467 |
-23.0% |
| Clark County |
$2,912,541,800 |
54.9% |
$16,298,422,043 |
-25.8% |
$5,773,824,541 |
-23.4% |
| Las Vegas Strip |
$2,740,220,338 |
162.1% |
$12,126,708,964 |
-26.7% |
$3,387,496,073 |
-24.2% |
| Downtown Las Vegas |
$21,914,582 |
-87.8% |
$932,318,182 |
-23.7% |
$436,238,178 |
-23.3% |
| Laughlin |
-$13,059,417 |
-113.6% |
$530,828,762 |
-25.6% |
$277,343,919 |
-27.9% |
| Boulder Strip |
$81,765,488 |
-61.5% |
$879,342,448 |
-23.0% |
$557,683,971 |
-22.1% |
| Balance of County |
$81,700,809 |
-76.5% |
$1,829,223,687 |
-22.3% |
$1,115,062,400 |
-20.5% |
| Washoe County |
$21,290,888 |
-83.4% |
$1,166,315,584 |
-19.4% |
$474,929,043 |
-22.0% |
| Reno/Sparks |
$13,229,233 |
-88.0% |
$1,039,760,602 |
-19.9% |
$409,636,693 |
-23.2% |
| South Shore Lake Tahoe |
-$65,861,830 |
18.4% |
$283,292,673 |
-19.9% |
$131,274,877 |
-16.0% |
| Elko County |
$11,933,545 |
-79.6% |
$316,825,925 |
-23.1% |
$181,095,570 |
-17.7% |
| Wendover |
$18,466,340 |
-63.4% |
$201,775,837 |
-21.2% |
$113,950,499 |
-14.7% |
| Carson Valley Area |
$3,758,939 |
-71.6% |
$122,862,793 |
-19.9% |
$79,340,643 |
-18.9% |
| Balance of State |
$9,479,395 |
-68.8% |
$160,515,874 |
-22.5% |
$106,418,793 |
-21.2% |
In FY 2020, 61 casinos owned by public companies accounted for 71.0% of the total gaming revenue generated statewide during the fiscal year.
In addition to providing combined balance sheets and income statements, the GAMING ABSTRACT includes data concerning average number of employees, rate of room occupancy, revenue earned per room per day, gaming revenue earned per square foot of gaming floor space, and various ratios. Data is also combined into totals representative of casinos statewide with rooms and casinos statewide owned by publicly held corporations.
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Alberta Gaming, Liquor and Cannabis (AGLC) has announced the appointment of Larry Spagnolo as the new Board Chair, effective August 15, 2025. This announcement follows the official Order in Council issued by the Alberta Government and marks a new chapter in AGLC’s ongoing commitment to support communities, encourage responsible choices and position Alberta as the best place to do business.
Larry brings a wealth of experience in technology and business leadership to the AGLC Board and will play an integral role in guiding AGLC’s strategic direction. He is currently serving as VP and GM of Emerson’s SaaS SCADA business and has held senior roles at Zedi and Telus, driving innovation, growth, and global success.
A strong advocate for education and community, Larry serves as Vice Chair of Athabasca University’s Board of Governors and has held board roles with NAIT and Polytechnics Canada. He was awarded the King Charles III Coronation Medal for his community contributions.
AGLC and the Board of Directors extend their heartfelt thanks to Len Rhodes for his leadership and dedication as Board Chair since August 2019. He decided not to seek a third term and will continue to serve in this role until August 14, 2025. Len led AGLC through some significant milestones, including reducing red tape by 51%, growth of the emerging cannabis industry and ensuring AGLC delivered a balanced approach to business development, social responsibility, and regulatory oversight.
The post AGLC Announces New Board Chair appeared first on Gaming and Gambling Industry in the Americas.
EveryMatrix has expanded its partnership with tier-1 operator Pinnacle powering its new casino in Ontario, Canada, using CasinoEngine platform technology – the first time its platform solution has gone live in North America.
The latest agreement builds on the two companies’ previous collaboration that saw EveryMatrix’s CasinoEngine productivity platform power the well-known brand’s global casino offering.
The new launch takes the relationship to North America, marking EveryMatrix’s debut CasinoEngine platform integration in that market.
BonusEngine, EveryMatrix’s cross-vertical bonusing tool will be integrated in the second phase of launch. This will equip Pinnacle Ontario with a host of bonus types as well as AI-powered bonus abuse solution Bonus Guardian.
BonusEngine is the first of multiple engagement tools from EveryMatrix’s EngageSuite that Pinnacle plans to integrate.
With this comprehensive toolkit at its disposal, and the opportunity to add even more casino products in the future, Pinnacle Ontario can tailor campaigns, segment audiences, and reward players more effectively, creating a world-class digital entertainment experience for its customers.
EveryMatrix has more than 300 global customers and holds North American licences in Ontario, New Jersey, Michigan, West Virginia, Connecticut and Pennsylvania.
Stian Enger Petersen, CEO, Casino, EveryMatrix, said: “This launch marks a key milestone for EveryMatrix as we bring our market-leading CasinoEngine platform to Canada for the first time.
“We’re delighted to expand our partnership with Pinnacle and support their ambitions in Ontario with a powerful combination of platform, content, and engagement tools that are proven to drive success.”
The post Pinnacle Ontario live with CasinoEngine in North America debut appeared first on Gaming and Gambling Industry in the Americas.
As CEO of Prime Skill Games Inc., I feel compelled to address recent comments made by the Alcohol and Gaming Commission of Ontario regarding so-called unapproved gambling machines in convenience stores across the province.
Let me be perfectly clear
Our machines are not gambling devices. They are entirely skill-based, fully compliant with the law, and built on the fundamental idea that players are in control. The outcome of every session is determined solely by the player’s ability, not by random chance.
Prime Skill Games is proud to be the only true skill game operating in Ontario today.
We categorically reject any suggestion that our products fall under the definition of unregulated gambling. Such statements are inaccurate, misleading, and fail to recognize the critical distinction between games of skill and games of chance.
We stand firmly behind the legality of our machines and the integrity of our operations. We will demonstrate this through every available means, whether through legal documentation, expert analysis, or, if necessary, before the courts. We are prepared and unafraid to defend the truth.
To our players, partners, and business community, we want to reassure you that our mission has not changed. We are committed to offering a responsible, transparent, and innovative entertainment experience. We will not be intimidated by broad and baseless accusations, and we will continue to move forward with strength and clarity.
Sincerely
Matt Zamroźniak
Chief Executive Officer
Prime Skill Games Inc.
The post Prime Skill Games Inc. Official Response to AGCO Press Release appeared first on Gaming and Gambling Industry in the Americas.
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