Nevada Gaming Revenues Down in October

Submitted by Associated Press on

Written by :

Associated Press

Published on :

CARSON CITY, Nevada — (Associated Press) - Nevada gambling revenues are down 2.6 percent in October compared with a year earlier.

Officials from the Nevada Gaming Control Board say Wednesday that the state's casinos brought in $954 million last month.

Las Vegas Strip winnings of $551 million were down 5 percent from the same month last year, while downtown Las Vegas revenues of $47 million were down 3 percent.

Reno casinos saw their winnings drop 1 percent to $43 million. South Lake Tahoe saw revenue fall 23 percent to $12 million in October.

The state collected $61 million in taxes based on October gambling winnings. That's an 11.9 percent increase from the same month last year.

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.
FBI

Maryland Man Under 24-Hour Home Confinement After Threatening PrizePicks Execs Over $50

"if my $50 doesn’t end up back in my bank account before 5pm today, I’m going to drive down to Atlanta, Georgia and kill everyone in the PrizePicks office,” Aaron John Sasser wrote