Nevada Gambling Revenue Up in April

Written by:
Guest
Published on:
May/31/2017

LAS VEGAS (Associated Press) — State regulators say gambling revenue at Nevada casinos was up almost 1.2 percent in April compared with the same month a year ago.

The Nevada Gaming Control Board on Wednesday said casinos won more than $876.1 million from gamblers last month.

Las Vegas Strip casinos took in more than half of that revenue with almost $475.4 million, even though their winnings declined more than 3 percent over the year.

Gambling revenue at casinos in downtown Las Vegas grew almost 22 percent, bringing in about $52.3 million.

Winnings shrank in Reno, down 4.8 percent to nearly $47.7 million, and at Stateline on the south shore of Lake Tahoe, down almost 4.6 percent to about $13.3 million.

The state benefited with about $44.3 million in percentage fees based on the taxable revenues generated in April.

 

Gambling News

How Are Online Competitions Regulated?

Online competitions might look like raffles or sweepstakes, and in some ways, they are. There’s usually a prize, a way to enter, and a winner chosen at the end. However, the way these contests are structured legally makes a big difference.

10 Different Types of Slots Explained

Slot games have evolved into a diverse ecosystem, each with its own mechanics, features, and pace. Whether on a casino floor or online, understanding the differences can shape how you engage and what you might expect in returns.

Syndicate

Subscribe to Syndicate
More