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BLEAK NOVEMBER FOR NEVADA LAND CASINOS

The Nevada state Gaming Control Board issued its latest statistics for land casinos Friday, making for depressing weekend reading. Winnings dropped almost 15 percent in November - the eleventh consecutive month of declining business compared with similar periods in 2007, reports Associated Press.
 
Nevada monthly gambling win for November 2008 was posted at $836.8 million - down from more than $982 million on November 2007. The state's coffers were hit in terms of lost taxes amounting to a 27 percent drop at $44.4 million.
 
Control Board analyst Frank Streshley said: "It's the economy, the big decline in the stock market and people tightening up on their spending. The state is having a difficult time with (tourist) visitation and the amount of money being spent by those who do come."
 
Associated Express explains that "Win" is a gross figure, with no operating costs or other expenses deducted. It represents casino revenue only, not hotel, restaurant or bar revenues.
 
Gamblers wagered $11.8 billion during the month, including $9.7 billion in slot machine bets and the balance on table games. The betting total is down nearly 12 percent from a year ago.
 
Declines during November were experienced in every major market in the state, including the Las Vegas Strip which was down 16 percent.
 
Elsewhere in southern Nevada, Laughlin was off 18.1 percent, downtown Las Vegas dipped 1.6 percent, Mesquite was down 8.8 percent, the Boulder Strip was down 16.4 percent, and North Las Vegas was down 1.8 percent.
 
In northern Nevada, clubs in Washoe County, which takes in Reno, were down 15.2 percent. That's the 17th consecutive month of declines for the area.
 
Resorts on Lake Tahoe's south shore reported a 4.7 percent decrease in November compared with the same month a year earlier.
 
A statewide breakdown shows that slots were off 15.2 percent while table games were down 14.3 percent compared with November 2007.
 
Slots accounted for $558.1 million of the total win. That included $259.3 million won by multidenomination slots, down 10.2 percent. Penny slots were second with a win of $136.5 million, up 4.3.
 
Live games, including poker, accounted for the balance of the November total. That included $85.2 million won on blackjack tables, down 16.6 percent; $34.3 million on craps, down 12 percent; and $23.5 million on roulette, down 20 percent.
 
The win on baccarat was $39.8 million, down 29 percent; and the win on mini-baccarat was $8.9 million, down 16 percent.
 
Sports books won $27.2 million, up 54.6 percent. Poker games won $12 million, down 5.7 percent.



Gambling News :

Oink Country Love Slot Launches - Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

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