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Las Vegas Casinos June numbers show almost 14 percent decline
The gambling woes largely brought on by the global economic recession continued to plague Nevada through the month of June, according to the latest statistics released by the Gaming Control Board. The numbers show that land casinos in the gambling state suffered a decline of almost 14 percent in winning around $820 million from gamblers.
It is the smallest gambling win for the state in the last five years, reports Associated Press. June was the 18th straight month of decline.
The Board reported that for the fiscal year ended June 30th 2009, total gambling win was $10.8 billion, down almost 14 percent from the previous 12-month period.
June state taxes from gambling were $45.8 million, dropping 13.5 percent on taxes paid in June 2008.
"It's a continuation of what we've seen," said Frank Streshley of the Gaming Control Board. "We're seeing less visitors and they're spending a lot less than what they had been."
The number of visitors to Las Vegas fell 6.3 percent in June, marking the sixth straight month of decline, according to the Las Vegas Convention and Visitors Authority. About 2.98 million visitors traveled to Las Vegas in June, compared with nearly 3.18 million a year earlier.
The monthly win for June 09 was down in every major market in the state, with the Las Vegas Strip operations down almost 15 percent. The Reno-Sparks-North Tahoe area was down more than 7 percent. It was the 24th straight month of declines in Washoe County, Streshley said.
Elsewhere, declines were 15 percent at South Lake Tahoe, 5.6 percent in downtown Las Vegas, 11.6 percent in Laughlin, and 15.6 percent in the Carson Valley area of Douglas County.
The June win was the amount left in casino coffers after gamblers wagered $11 billion in table games and slots.
There were declines in both types of gambling; slot wagering totaled $9.2 billion, down 10.7 percent, while the $1.8 billion wagered on table games was down 12.7 percent.
"It's across the board," Streshley said.
Nevada Governor Jim Gibbons called the latest casino numbers "troubling" but said no decision has been made on whether he will call state lawmakers into special session to address the revenue shortfall.
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Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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