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Nevada Improves in Fiscal Year 2016
MARGINAL IMPROVEMENT FOR NEVADA GAMBLING IN FISCAL 2016
Under 1 percent year-on-year improvement recorded by regulator.
The end of June 2016 saw the completion of the Nevada gambling fiscal year, which ended just short of 1 percent up on fiscal 2015 with total revenue of $11.12 billion, according to a report issued Friday by the Nevada Gaming Control Board.
Although a slight improvement, the total is substantially lower than fiscal 2007, when Nevada gambling revenues were at their peak at $12.5 billion.
But, as the Las Vegas Review Journal pointed out: "Although the Nevada gain was small it looks good compared to Macau, which saw a 22.5 percent decline in win over the same 12-month period."
Michael Lawton, senior research analyst for the NGBC, said 12 of the 14 Nevada markets tracked by the state saw gains in 2016 over 2015.
“From the perspective of the entire state, that shows you the growth is widespread,” he said.
The last month of fiscal 2016 produced overall revenue of $887.4 million - up 6.8 percent compared with June 2015, with operators on The Strip in Las Vegas the stars for the month delivering a year-on-year 9.7 percent rise in revenue to almost $490 million.
Gambling News :
Comunio in deal with -
One of the leading providers of fantasy sport across Europe, Comunio, has kicked off its pre-season build up by signing a transfer deal that will see Sportradar
McGregor’s Odds vs. Mayweather Get Even Shorter -
Conor McGregor is still the underdog for his August 26 superfight in Las Vegas with Floyd Mayweather Jr., but his odds are improving. McGregor has shortened from +375 last week to +350 at press time, with Mayweather moving from –550 to –500.
Gemtopia Slot Launches -
This spectacular new slot from Real Time Gaming includes 2 glittering features, a Wild Re-Spin Feature and a Free Games with Bonus Picks Feature!
MLB Odds: Yankees vs. Jays at Rogers Centre -
The Toronto Blue Jays (56-61, –14.26 betting units) are moving slowly up the AL Wild Card standings, and they can get closer to the Promised Land by beating up on the injury-plagued Tampa Bay Rays (59-60, –2.79 units). Game 2 of their four-game series is Tuesday at 7:07 PM ET on Sportsnet.
2017 ACR Moss Sign Up Bonus -
The ACR MOSS kicks off this Sunday, August 13th at 1:00pm ET. If you’re new to the MOSS, it’s the Mini Online Super Series and the first part of our $6,700,000 GTD OSS Cub3d series.
New Microgaming HQ Opens -
Microgaming’s new purpose built HQ on the Isle of Man, adjacent to its existing office, officially opened on 31 July 2017.
EmotiCoins Slot Launches -
EmotiCoins is hosted by a crew of cheerful Emoticons that take you on a delightful ride of emotions. Watch the cheeky faces playfully bounce down the reels amidst bright, rich colours and a delightful sound track.
Oink: Country Love Slot -
Willy & Chancho are trying to win over the heart of the Sweet Country Pig, Miss Southern Charm... although her father old 'Bo isn't too pleased even the rest of the farm is falling for this Wild Duo!
Willy & Chancho the 'Wild Dueling Musicians' have single pays as well as Collaborative Pays during Wildly entertaining Banjo VS Violin showdowns.
Win up to 80 Free Spins if you land the Golden tickets to the Barnyard Bash Free Spin Feature! During this Feature the Wild Duo appear even more frequently to ensure it's a spectacle you will not forget, heck, the party may never end with the potential to retrigger keeping you on your toes.
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PartyPoker Lobby and Table Update -
Partypoker releases first phase lobby and table upgrade for an improved player experience. Player feedback influences new darker colour scheme of partypoker client
Bitstarz Launches SlotWars -
BitStarz - the home of thrilling casino tournaments just launched Slot Battles with 48 battle rounds being played every day!
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