Nevada gaming revenue decreases slightly in April
The state’s casinos generated $1.23m in gaming revenue, down 0.47 year-over-year.
US.- The Nevada Gaming Control Board (NGCB) has reported that the state’s casinos generated $1.23m in gaming revenue in April. That’s a decrease of 0.47 year-over-year.
The Las Vegas Strip generated $646.8m, down 2.8 per cent year-on-year. Clark County as a whole, which includes the Strip, downtown Las Vegas, North Las Vegas, the Boulder Strip and surrounding areas, generated $1.0bn, a 1.1 per cent decrease.
Washoe County, which includes casinos in Reno, Sparks and North Lake Tahoe, generated $86.3m, up 4.2 per cent, South Lake Tahoe $16.6m, down 7.5 per cent, and Elko County $33.2m, up 7.4 per cent.
The State collected $68m in percentage fees based upon the taxable revenues generated in April.
Nevada assembly approves bill on illegal gambling
The Nevada Legislature recently approved Senate Bill 256 (SB 256), which aims to strengthen the state’s power to fight illegal gambling. The legislation passed with a 42-0 vote and will now return to the Senate for approval as amended in the legislature.
Given that the only change the legislature proposed was to add assemblywoman Brittney Miller as a co-sponsor, the bill is expected to pass quickly to governor Joe Lombardo to become law.
