Gambling revenues in Nevada edge up

News on 28 Aug 2014

The Nevada Gaming Control Board has released gambling statistics for the month of July, reporting that revenues were up less than 1 percent compared with the same month last year.

The state’s casinos brought in $932 million, with the Las Vegas Strip up 5 percent to $563 million, while downtown Las Vegas revenue declined 3 percent to $38 million.

Reno casino revenue was down 2 percent in July to $48 million, and South Lake Tahoe gambling revenue plunged 23 percent to $25 million.

The state collected $52 million in taxes on the July winnings…down almost 15 percent compared with last year.

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