Nevada Gambling Revenue Decreases 3 Percent in January

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Feb/28/2019

LAS VEGAS (AP) - State regulators say Nevada gambling revenue decreased 3 percent in January from the same time last year.


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The Nevada Gaming Control Board on Thursday reported casinos brought in about $984.6 million last month.

Casino operators were facing a difficult year-over-year comparison after revenue during January 2018 increased 2.1 percent, topping $1 billion.

Las Vegas Strip gambling revenues were down 4 percent last month to about $532.3 million, while downtown Las Vegas revenues dropped 7.8 percent to $52.1 million.

Reno casinos won about $44.2 million, down 1.1 percent over the year.

Statewide gambling revenue for the current fiscal year has increased 1 percent.

The state benefited with over $89 million in percentage fees based on the taxable revenues generated in January. That's up more than 30 percent from a year earlier.

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