According to data released by the Nevada Gaming Control Board, the state’s casinos won just US$861 million in August.
US.- The Nevada Gaming Control Board release August’s results, which reflects that the state’s casinos won just US$861 million.
State officials declared that Nevada gambling revenue was down 5 percent in August after Las Vegas Strip revenues experienced a significant decline.
Revenue on the Las Vegas Strip declined 15 percent year-over-year, to US$450 million. On the other hand, 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 in August.
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.