Casinos took in USD 945.6 last month

Nevada gambling revenue drops by 4.5% in February

State regulators say gambling revenue at Nevada casinos was down almost 4.5% in February compared with the same month a year ago.
2017-03-30
Reading time 30 seg
State regulators say gambling revenue at Nevada casinos was down almost 4.5% in February compared with the same month a year ago.

The Nevada Gaming Control Board said Tuesday casinos won $945.6 million from gamblers last month.

More than half of that was on the Las Vegas Strip, $542 million, where winnings declined nearly 5 percent compared with February 2016.

Gambling revenue at casinos in downtown Las Vegas grew 2.2 percent, bringing in $51.7 million. But winnings shrank in Reno, down 6.7 percent to $45 million, and at Stateline on the south shore of Lake Tahoe, down 6.9 percent to $15 million.

The state benefited with almost $52 million in percentage fees based on the taxable revenues generated in February. That's up nearly 2.9 percent from a year earlier.

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