Nevada’s gaming revenue up

nevada

Nevada casinos experienced a slight increase in revenue during 2016 to US$11.2 billion.

The state experienced a slight increase in gaming revenue in September.

US.- According to figures released by the Nevada Gaming Commission, the state saw an increase in September compared to the same period in 2015: it experienced a 3.55 percent increase in gaming win, with US$948 million earned in Nevada.

September marks the fourth month in a row that records an increase in regards to revenue totals. Las Vegas Strip went through a solid month, and earned over US$542 million, a 7.5 increase compared to the same period last year. South Shore casinos experienced a 2.3 increase with US$21 million earned in September, whilst North Shore in the Lake Tahoe area saw an increase of 6.4 percent and US$2.5 million.

On the other hand, casinos in the Carson Valley were up by 1 percent with US$8.83 million in gaming win. Washoe County and Reno casinos also earned approximately US$74 million last month, whilst Reno gaming revenues were up by 1 percent.

In August, Downtown Las Vegas winnings increased by 7 percent to US$43 million. Reno casino revenue remained flat at US$51 million, whilst South Lake Tahoe revenue rose 27 percent to US$24 million/ The state of Nevada as a whole collected US$48 million in tax money based off the August winnings, which is down 8 percent from the same time in 2015.