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January 2015 Numbers Up For Nevada Gambling
Saturday February 28,2015 : BETTER JANUARY NUMBERS FOR NEVADA LAND GAMBLING
But concern over the reliance on baccarat.
Baccarat, the game of choice for many high roller gamblers and therefore a major contributor to overall land casino win in Nevada, delivered $137.7 million of January's $952.7 million casino win, again raising regulator concerns at the reliance operators place on the consistent performance of the game.
Nevada Gaming Control Board analyst Mike Lawton told the Associated Press news agency that baccarat casino win represented an increase of 69 percent compared with a year ago, although the amounts wagered were 13 percent lower y-o-y.
That drop was the fifth consecutive month that baccarat wagers have declined, and that worries Lawton despite the ultimately better casino win.
January's overall Nevada casino win of $952.7 million represented an 8 percent year-on-year rise in casino win, with gambling revenue up 15 percent on the Las Vegas Strip and 14 percent in Reno. But the winnings didn’t extend to downtown Las Vegas, where the win was down more than 10 percent.
Nevada collected $68.4 million in taxes based on the month’s gambling revenue, about 2 percent less than a year ago.
Slot betting - the most popular of casino games with the public - was up 4.9 percent to $8.9 billion in the state.
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Gambling News :
FanDuel adds English Premier League action -
Daily fantasy sports operator FanDuel, which is now additionally active in the UK market, has announced the inclusion on its roster of English Premier League action, with associated contests scheduled for roll-out next week.
Coral Q4-2016 earnings reports -
Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016.
Unibet in cooperation with -
Online gambling operator Unibet Group has signed a cooperation agreement with the FIFA subsidiary Early Warning System GmbH (EWS).
Kiron Interactive in deal with Digitain -
The online gambling expo and conference EiG 2016 has enabled two online gambling companies to come together in a commercial deal; specialist virtual games supplier Kiron Interactive has inked an agreement to distribute its virtual games via Armenia’s Digitain.
GLOBAL SPORTS BETTING WORTH $253.3 BILLION BY 2020 -
Ujjwal Doshi, lead analyst at the research firm, says, “Low-cost cross-border service delivery is opening up sports betting markets, which were previously protected by state-regulated monopolies or dominant local operators.”
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