Nevada's biggest casinos lost USD 1.3 billion in 2013

Total revenue is the money patrons spent on gambling, rooms, food, beverage and entertainment. While the casinos' losses grew more than 11 percent from 2012, analysts say much of that it tied to a jump in expenses. The last time Nevada's biggest casinos posted a net profit was 2008.
 
The report looks at casinos that gross more than us$ 1 million in gambling revenue. The 263 casinos included in the report paid us$ 804 million in gambling taxes and fees. Statewide, slot machines accounted for 64.9 percent of the gaming win of us$ 10.3 billion. Table games produced 31.7 percent of gaming revenues.
 
Casinos on the Las Vegas Strip produced us$ 15.5 billion in total revenues, with 37 percent coming from gaming. The net loss on the Strip was us$ 1.4 billion, or 13 percent less than 2012. Downtown Las Vegas casinos reported a net loss of us$ 17.8 million, but that was 61 percent lower than 2012.
 
Laughlin casinos, meanwhile, posted us$ 13 million in net income, a gain of 288.9 percent. Net income at Boulder Highway casinos was 35.6 percent to us$ 44.2 million and casinos in the rest of Clark County had a net income of us$ 120 million, down 100.7 percent from 2012.
 
The report showed casinos in Washoe County had a net income of us$ 719,429 in 2013, 100 percent down on the previous year. South Lake Tahoe casinos posted a us$ 90.2 million net loss. But Carson Valley casinos made a net profit of us$ 7 million.