Nevada gambling revenue falls 14 percent in February
But officials noted that the numbers were being compared to a strong month a year ago. “The bottom line, it was a difficult comp,” said Michael Lawton, senior research analyst of the board.
Las Vegas Strip gambling revenues fell more than 20 percent last month to us$556 million. The story was happier in downtown Las Vegas, where casino revenue rose three percent to us$43 million in February.
Reno casino revenue grew less than one percent to us$44 million, while South Lake Tahoe casino winnings dropped almost 10 percent to us$15 million.
Nevada collected almost us$59 million in taxes on the February gambling revenue, which is down about five percent from the same time a year ago. Winnings from table games statewide dropped 27.6 percent, while the slot machine win inched down 0.5 percent.
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