Nevada Casinos Lose $3.4 Billion This Past Year

Submitted by Guest on

Written by :

Guest

Published on :

LAS VEGAS — (Associated Press) - Nevada gambling regulators say the state's largest casinos lost $3.4 billion during the fiscal year that ended last June 30.

That compares with a loss of nearly $6.8 billion during the previous fiscal year.

The Nevada Gaming Control Board released its Gaming Abstract on Monday. It says the 256 casinos that grossed at least $1 million in gambling revenue combined for nearly $21 billion in total revenue.

That's down more than 5 percent compared with just over $22 billion in revenue in fiscal 2009.

Regulators say gambling revenue made up nearly $10 billion, just under half of casinos' total revenue.

The report says casinos in Clark County, including Las Vegas, generated more than $18 billion in total revenue.

Related Content

Kentucky AG Goes for the Trifecta Against Two Prediction Markets and Chumba Casino Parent

Kentucky AG Goes for the Trifecta Against Two Prediction Markets and Chumba Casino Parent

It's deja vu for the online gambling sector as Kentucky comes after companies once again
These Bad Moms Banned for Life at Pennsylvania Casinos: Bad Dad Too

These Bad Moms Banned for Life at Pennsylvania Casinos: Bad Dad Too

Of the 18 banned individuals, four were accused of leaving children unattended in vehicles while they gambled inside.
Wichita's Kansas Star Casino Sees Revenue Growth Increase of 8 Percent in May, Slots Take in $13.7 Million

Wichita Area Kansas Star Casino Sees Revenue Growth Increase of 8 Percent in May, Slots Take in $13.7 Million

Kansas casinos generated $39.8 million in revenue for May, up 5.5% year-over-year with slots accounting for most of the combined figure. The Kansas Star Casino reviews suggest "tight slots".
NyesteCasino.com report on regulation and growth

NyesteCasino.com Reports: iGaming Industry Navigates Dual Pressures of Regulation and Growth

NyesteCasino.com, a leading iGaming analysis resource, released its latest industry overview, highlighting a week defined by intensifying regulatory scrutiny alongside continued global market expansion.