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Nevada Gambling Revenues Up 5.7 Percent in February: Online Poker Traffic Sees Gain

Written by:

Aaron Goldstein

Published on:

Apr/10/2012

Nevada Gambling Revenues Up 5.7 Percent in February: Online Poker Traffic Sees

Good news for both the Las Vegas gambling and online poker sectors as both reported gains.

Gaming Control Board officials announced on Tuesday that Nevada gambling revenues were up 5.7 percent with Las Vegas Strip casinos seeing a 3.3 percent surge.

Overall revenue generated included $932 million in the state and $531 million from the Vegas Strip casinos.

Downtown Las Vegas reported a 13.7 percent increase year over year to $45 million.

State gaming tax collections were up 69 percent in February to more than $70 million, according to gaming officials.

Meanwhile, the online poker sector reported a 2.8 percent traffic gain this week after eight consecutive weeks of declining numbers.

iPoker suddenly holds an 8 percent lead over PartyPoker, taking away control of the number 2 spot last week. Party had enjoyed a fairly significant cushion between it and iPoker in recent months. Party could receive a boost later this month when it hosts a multiple week long event, the PartyPoker Pokerfest.

- Aaron Goldstein, Gambling911.com

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