Nevada Gambling Revenues Flat
By Casinomeister, Last updated Jan 2, 2015
Online poker delivers lowest revenues to date
Nevada gambling revenues for November 2014 remained flat compared to the same period last year, the Nevada Gaming Control Board said Tuesday.
Total Nevada casinos reported revenues of $876 million in November of which the Las Vegas Strip brought in $508 million, 4 percent down y-o-y. Downtown revenues were $43 million, an increase of 13 percent and Reno revenues were $43 million, down 1 percent. South Lake Tahoe revenues dropped a whopping 30 percent to $12 million.
Tax revenues of $47 million were taken by the State of Nevada for the month of November, 5 percent down compared to the same period last year.
Online poker revenues reached $641 000 for the month, its lowest yield ever.
Online Casino News Courtesy of Infopowa
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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophotography.
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