Nevada casinos release January’s report

The gaming industry perceived a positive beginning of the year.
The gaming industry perceived a positive beginning of the year.

January’s assessment show a 12 percent increase for Nevada casinos.

US.- The Nevada Gaming Control Board revealed the general results of January’s casino operations in the State that hosts Las Vegas. The report indicates that the sector grew 12 percent in the first month of 2017.

According to the official statement, casinos in Nevada generated a gaming win of US$1 billion in January. The sector had achieved US$925 million in the same period in 2016. Meanwhile, the last results have contributed to the US$6.7 billion and 3.8 percent growing casino revenues, which have increasing since the beginning of the current fiscal year seven months ago.

The Nevada Gaming Control Board showed that casino industry destined US$75.2 million to the State in percentage fees based on the taxable revenues. “It’s a good month,” commented Mike Lawton, senior analyst at the State’s entity. “But I’m not going to say that we are going to be seeing a billion-dollar win every month.”

Las Vegas Strip casinos reached US$609 million, meaning an increase of 26 percent, whilst Downtown Las Vegas gaming venues generated US$55 million, which represents a 32 percent growth. This last increase was motivated by the opening of Lucky Dragon Hotel and Casino, the Chinese-themed centre, during the month when the Chinese New Year is celebrated. However, North Lake Tahoe casinos reported a decline of 30 percent, and Elko County casinos announced a loss of 12.7 percent.