Article Image
News Link • Economy - Economics USA

Nevada gambling revenue falls 13.7 percent

• http://news.yahoo.com,
 Nevada's gambling revenue in February plunged 13.7 percent, a decline blamed on a huge drop in baccarat winnings and a tough comparison from a year earlier when the Las Vegas Strip recorded its highest win total ever, state regulators reported Friday.

Casinos statewide reported a win of $926.1 million in February, down from nearly $1.1 billion raked in during the same month the year before.

The tumble on the Strip, home to Nevada's posh resorts, was even more dramatic. Casinos there reported gambling revenue of $555.7 million, down 20.1 percent compared with $696.1 million won in February 2013, the state Gaming Control Board said.

Elsewhere in the state, clubs in downtown Las Vegas posted a 3 percent gain in gambling revenues to $43 million, while Reno casino revenue inched up nearly 1 percent to $44 million. At South Lake Tahoe, casino winnings fell 9.5 percent to $14.7 million.

Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:


Stop Wars T-shirt at The Bitcoin Store