Nevada Gaming Revenue Drops In March
CARSON CITY, Nev. (AP) — Nevada casinos have brought in $855 million in gambling revenue in March, a nearly 11 percent drop compared with the same month a year ago.
The Nevada Gaming Control board says Thursday that many of the state’s major gambling centers saw their numbers tumble. The Las Vegas Strip’s winnings were $449 million in March, nearly 15 percent down year-over-year. Downtown Las Vegas saw a 12 percent decrease and brought in $43 million.
Reno’s numbers are nearly flat. Those casinos brought in $44 million in March, or less than half a percentage point up from last year.
South Lake Tahoe’s revenue totaled nearly $13 million, which was a 14 percent dive.
State officials collected $71 million in taxes based on the March winnings. That’s 10 percent down from the year earlier.
Copyright 2012 The Associated Press.