Nevada revenues decline 3 percent

The latest land gambling stats from the Nevada Gaming Control Board show that revenues declined 3 percent year-on-year in January 2014 to $884 million.

The Associated Press news agency reports that Las Vegas Strip winnings of just under half a billion dollars were down a little more than 1 percent, whilst downtown Las Vegas winnings of $43 million were down 3 percent.

Reno casinos brought in $38 million in January, which was up 1 percent year-over year. South Lake Tahoe revenues of $15 million were down 12 percent.

The state collected $69 million in taxes on the January winnings, which marked a 2 percent increase from the same time last year.