Nevada Gambling Revenues Rise For Fourth Straight Year

The state of Nevada has reported that its gambling industry has brought in higher revenues for the fourth straight year, notching $11.1 billion in wins in 2013.

The rise in revenues was widely attributed by an influx of VIP Baccarat players, who traveled in from across the world as well a good fortunes on other games and sports bets. The casinos ended up seeing $11.8 billion wagered on Baccarat this year and ended up winning $1.6 billion on the game.

The revenues were up 2.6% over 2012, but still are lagging 15% behind the all time record of $12.8 billion that the state's casinos won in 2007. Without Baccarat winnings, Nevada would have posted only a 0.6% increase over 2012.