Nevada Casino Revenues Up 12 Percent in November

Written by:
Associated Press
Published on:
Dec/30/2013
Nevada Casino Revenues Up 12 Percent in November

LAS VEGAS (Associated Press) - State officials say Nevada gambling revenues went up nearly 12 percent this November compared with a year earlier.

The state Gaming Control Board released a report Monday showing casinos won $876 million in November.

Revenues jumped almost 23 percent year-over-year on the Las Vegas Strip, which brought in $529 million last month.

Downtown winnings fell 1 percent to $38 million.

Reno casino revenue climbed 17 percent to $43 million, while South Lake Tahoe winnings dropped 2 percent to $17 million.

The state collected $50 million in taxes on the November winnings, which is up 9 percent from a year ago.

Gambling revenues statewide are up more than 3 percent so far this fiscal year compared with the same period a year ago.

Gambling News

Can I Play on SidePot.us From My State? Is it Legal?

Social, or sweepstakes, casinos are free to play on in the beginning, but one will almost always have to make real money purchases via virtual coins these websites have come up with clever names for (i.e. sweepcoins).

Syndicate