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Nevada Has Dismal March As Revenues Drop 11%

10 May 2012 by CasinoListings

This story was published more than 10 years ago.

The Nevada Gaming Control Board released March's financial results for the state's casinos, showing an 11% decline in revenues for the month.

The Nevada Gaming Control Board reported Thursday that land gambling operations in the state suffered an 11% decline in revenues to $855 million in March compared to the same period a year ago.

Most of the state’s top venues saw revenues fall, and even the Las Vegas Strip was down almost 15% year-on-year to $449 million. Downtown Las Vegas saw a 12% decrease and brought in $43 million.

The decline in revenues meant that the state collected 10% less in taxes...down at $71 million.