USD 48M collected in taxes
Nevada casino revenue down in August as Las Vegas Stripe falls 15%
According to Nevada state officials, gambling revenue was down 5% in August after Las Vegas Strip revenues took a sizeable dip.
2016-09-30
Reading time 28 seg
According to Nevada state officials, gambling revenue was down 5% in August after Las Vegas Strip revenues took a sizeable dip.
The Nevada Gaming Control Board said Thursday that the state's casinos won just $861 million in August.
Revenue on the Las Vegas Strip fell 15 percent year-over-year, to $450 million. Downtown Las Vegas winnings notched up 7 percent to $43 million.
Reno casino revenue stayed virtually flat at $51 million.
South Lake Tahoe revenue rose 27 percent to $24 million in August.
The state collected $48 million in tax money based off the August winnings, which is down 8 percent from the same time last year.
Lear further details on the official figures released by the Nevada Gaming Control Board.
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