Nevada Gaming Revenues Down in January

Submitted by Associated Press on

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Associated Press

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CARSON CITY, Nev. (Associated Press) — State officials say Nevada gambling revenue dropped almost three percent in January compared with the same time a year ago.

The Nevada Gaming Control Board released a report Friday on the $884 million in revenue that rolled in last month.

Las Vegas Strip winnings of just under half a billion dollars were down a little more than 1 percent last month. 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.

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