Nevada Revenues Decline 3 Percent

Las Vegas strip gambling win down just over 1 percent

The latest land gambling stats from the Nevada Gaming Control Board show that revenues declined 3 percent year-on-year in January 2014 to $884 million.

The Associated Press news agency reports that Las Vegas Strip winnings of just under half a billion dollars were down a little more than 1 percent, whilst downtown Las Vegas winnings of $43 million were down 3 percent.

Reno casinos brought in $38 million in January, which was up 1 percent year-over year. South Lake Tahoe revenues of $15 million were down 12 percent.

The state collected $69 million in taxes on the January winnings, which marked a 2 percent increase from the same time last year.

Online Casino News Courtesy of Infopowa

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Casinomeister

Casinomeister

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 astrophography.

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