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Nevada casino revenue back in negative

Wednesday April 1,2015 :  BACCARAT SLOWDOWN IMPACTS VEGAS FEBRUARY REVENUES.
 
Nevada casino revenue back in negative territory with 1 percent decline in Febnruary.
 
The latest numbers from the Nevada regulator show that at $916 million gaming revenues were back in negative territory in February, declining 1 percent compared to the same period last year, and down nearly 4 percent from the preceding month figure.
 
Las Vegas Strip revenues were down 4.4 percent at $531 million due to a 23 percent slide in  baccarat, adversely impacting overall performance; taking out the baccarat decline revenues could have been up 2.7 percent, analysts said.
 
Baccarat accounted for about 14 percent of the state's gambling win for the month, and it's been down for six of the past seven months, the NGCB's senior research analyst, Michael Lawton said.
 
In general, the Nevada Gaming Control Board statistics released Tuesday show that the amount casinos won from gamblers rose everywhere except the Strip.
 
Lawton explained that not even Chinese New Year or the Super Bowl could boost the numbers, and that there were marginally more visitors in February at 3.16 million.
 
Giving an opinion on whether the crackdown on corruption by the Chinese government could trigger an surge of Chinese high rollers to Nevada, Lawton said that no such influx had so far been apparent since the clampdown had become noticeable.
 
"If it was going to help Las Vegas, that hasn't happened," he told the Associated Press news agency. "These customers are being cautious."
 
On the bright side, Lawton said that slot action across the state was encouragingly up, with that on the Strip up 4.52 percent to $245 million.
 
Sports betting revenue plunged 54.2 percent to $14 million due at least in part to poor hold on bets on the Super Bowl..
 
Tax revenues collected by the state in February declined 1.64 percent to just under $58 million.



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US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

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