Nevada Casino Revenues Up 12 Percent in November

Submitted by Associated Press on

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Associated Press

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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.

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