Nevada Gambling Revenue Decreases 3 Percent in January

Written by:
Guest
Published on:
Feb/28/2019

LAS VEGAS (AP) - State regulators say Nevada gambling revenue decreased 3 percent in January from the same time last year.


START YOUR OWN SPORTSBOOK FOR JUST $4 PER CUSTOMER PER WEEK

The Nevada Gaming Control Board on Thursday reported casinos brought in about $984.6 million last month.

Casino operators were facing a difficult year-over-year comparison after revenue during January 2018 increased 2.1 percent, topping $1 billion.

Las Vegas Strip gambling revenues were down 4 percent last month to about $532.3 million, while downtown Las Vegas revenues dropped 7.8 percent to $52.1 million.

Reno casinos won about $44.2 million, down 1.1 percent over the year.

Statewide gambling revenue for the current fiscal year has increased 1 percent.

The state benefited with over $89 million in percentage fees based on the taxable revenues generated in January. That's up more than 30 percent from a year earlier.

Gambling News

BC.Game Reddit Reviews

There is little doubt that BC.Game is a big player in the worldwide online gambling space, especially when it comes to crypto.  It's not immediately clear if some of the negative stuff we've been reading about BC.Game is perhaps a symptom of growing pains.

Legality of Sweepstakes Casinos in Doubt

Forbes.com just published an amazing - and lengthy piece - pertaining to the world of sweepstakes casinos and the legal gray area they work in across the U.S.

Syndicate

Subscribe to Syndicate
More