Nevada Casino Revenues Up 12 Percent in November

Submitted by Associated Press on

Written by :

Associated Press

Published on :

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.

Related Content

Hard Rock Bet jackpots

Hard Rock Bet Casino's Jackpot Tops $1 million in New Jersey

The site promotes $5,000 jackpots daily in the only other state it has an online casino, Michigan.
Online casino

Despite Sweepstakes Casino Ban in New Jersey, NJ.com Continues to Promote Them

NJ.com promotes both New Jersey regulated gambling sites as well as prohibited sweepstakes sites. The Garden State recently made these sites illegal.
Coinbase

New York Sues Coinbase and Gemini Titan, Calls Their Prediction Markets Illegal Gambling

In complaints filed in a state court in Manhattan, Attorney General Letitia James said Coinbase and Gemini failed to obtain New York State Gaming Commission licenses ​to operate their markets, where people trade based on the predicted outcomes of events such as ​sports and elections.
Evoke

William Hill UK Owner Evoke Weighs $304 Million Takeover Bid From Bally's Intralot

Betting group Evoke (EVOK.L), opens new tab, owner of William Hill UK and 888, is evaluating a takeover proposal from Greek lottery and gaming firm Bally's ​Intralot (BYLOTr.AT), it said on Monday, valuing the debt-laden UK company at ​225.3 million pounds ($303.88 million).