STATE OF NEVADA NEVADA GAMING CONTROL BOARD 1919 College Parkway, P.O. Box 8003, Carson City, Nevada 89702 555 E. Washington Avenue, Suite 2600, Las Vegas, Nevada 89101 J. BRIN GIBSON, Chairman TERRY JOHNSON, Member 3650 S. Pointe Circle, Suite 203, P.O. Box 31109, Laughlin, Nevada 89028 PHIL KATSAROS, Member 557 W. Silver Street, Suite 207, Elko, Nevada 89801 STEVE SISOLAK 9790 Gateway Drive, Suite 100, Reno, Nevada 89521 Governor 750 Pilot Road, Suite H, Las Vegas, Nevada 89119

Nevada Gaming Control Board January 22, 2021

FOR IMMEDIATE RELEASE NEVADA GAMING ABSTRACT - 2020

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. Press Release Nevada Gaming Abstract Page 2 of 2

Nevada Gaming Abstract - 2020: Selected Statistics by Gaming Market

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.