Nevada Gambling Revenue Way Down in November

Written by:
Associated Press
Published on:
Jan/10/2013
Nevada Gambling Revenue Way Down in November

CARSON CITY, Nev. (Associated Press) -- Nevada state gambling revenues have dipped, with officials reporting that casinos won 11 percent less in November compared with the same month a year ago.

The Nevada Gaming Control Board reported Thursday that casinos won about $783 million for the month, and the state collected nearly $46 million based on that amount.

The state's share was down more than 20 percent from the previous year.

November's revenue drop came after two months of climbing win numbers in Nevada.

Las Vegas Strip casinos pulled in about $432 million, down 13 percent in November. Downtown casinos winnings were down 17 percent.

Reno casino revenues of $37 million were down 3 percent, while South Lake Tahoe's $18 million was up almost 27 percent.

Gambling News

New York City Casinos Might Not Come Until 2026

State Assemblyman J. Gary Pretlow, head of the state’s racing and gaming commission believes politics is getting in the way of issuing three downstate casino licenses, including the New York City area

Syndicate