Nevada Gaming Revenues Down in October

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Associated Press

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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.

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