Gaming Revenues Down In October
CARSON CITY, Nev. (AP) — Nevada gambling revenues are down 2.6 percent in October compared with a year earlier.
Officials from the Nevada Gaming Control Board say Wednesday that the state’s casinos brought in $954 million last month.
Las Vegas Strip winnings of $551 million were down 5 percent from the same month last year, while downtown Las Vegas revenues of $47 million were down 3 percent.
Reno casinos saw their winnings drop 1 percent to $43 million. South Lake Tahoe saw revenue fall 23 percent to $12 million in October.
The state collected $61 million in taxes based on October gambling winnings. That’s an 11.9 percent increase from the same month last year.