January’s gambling revenue declined in Nevada
According to Nevada regulators, casinos gained around 2.9 percent less, year-on-year.
US.- The Nevada Gaming Control Board reported on Friday that the state kept about 2.9 percent less of the money gambled in January, compared with a year earlier. Casinos won US$953 million in January 2015 but last month they only made US$925 million.
On the other hand, Nevada benefited by collecting almost US$82 million in percentage fees based on the monthly “gaming win” total, which is up about 19.6 percent from a year earlier.
According to the Board’s report, for the first seven months of the current fiscal year, casino winnings are up a fraction of 1 percent. Downtown Las Vegas and the Lake Tahoe area had a good month in January in comparison with the Las Vegas Strip, which reported a 7.7 percent drop in casino gambling revenue.