Strip revenues were down 5 percent, downtown revenues down 3 percent.
New York voters authorized an expansion of gambling in the state, making way for 7 Las Vegas style casinos.
State gaming revenues are down 5%, and the Strip numbers are skewed by events of June 2012
Bad luck with craps and baccarat, plus a missing Sunday, kept Nevada casino revenue flat in April.
Nevada’s largest casinos suffered a combined loss of $1.2 billion in 2012, despite an increase in revenues.
The gambling industry will be among the hardest hit if the White House and Congress fail to avoid the so-called fiscal cliff, one of the top U.S. credit rating agencies said Monday.
(Las Vegas, NV ) Macau casinos had double-digit gains last month. Casinos in the Chinese enclave took in three-billion dollars from high-rollers in September, an increase of more than 12-percent from a year earlier. It […]
State gambling regulators say Nevada casinos revenues were down 10 percent in May compared with a year earlier.
Nevada casinos are pressing the state Department of Taxation to halt the collection of more than $200 million in back sales taxes due on past complimentary meals given to casino patrons and employees until various legal issues are decided.
The recession is becoming a memory for the nation’s casino industry.