Nevada Gaming Revenues Slip 3% in March

The state of Nevada has posted their March casino revenue numbers, noting that revenues slipped 3% when compared to the same period last year.

The numbers were released by the Nevada Gaming Control Board, revealing that the gaming industry brought in $951 million in casino wins for the month, which was lower because of lower win percentage in Las Vegas. The Las Vegas Strip brought in $487 for the month, down 4% from last year. Downtown Vegas revenues were also down 4% to $51 million. Reno was in the black though, with the casino bringing in $47 million up 1%, and South Lake Tahoe brought in $17 million, up 23% from the year prior.

The tax revenue created from gaming operations was $73 million, which is down 8% from last year.

No information on internet poker revenues were available as of press time.

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9 May 2016 - 11:50pm

I think it's a tendency connected to the land based gambling businesses all over the world not only in Nevada, more and more online gambling pushes away the land based casinos and it's also quite logical movement I think.