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Nevada Gambling Revenues Down 8 Percent JUly 2013
Saturday August 31,2013 : NEVADA GAMBLING REVENUES SLIP 8 PERCENT IN JULY
Nevada gambling continues to yo-yo
The latest (July 2013) numbers from the Nevada Gaming Control Board show that total gaming win slipped once again in Nevada, dropping 7.97 percent year-on-year to $925,729,767 and perpetuating the yo-yo like motion of increases and decreases that has characterised this year.
Over half of gaming revenues was generated by the Las Vegas Strip, where a decline of 14.4 percent was noted.
State coffers pulled in $61,177,073 during August 2013, based upon the taxable revenues generated in July 2013 - a 9.40 percent decrease compared to August 2012, when collections were $67,521,797.
Baccarat numbers - traditionally a profitable source due to high rollers - declined 37.5 percent to $118.8 million.
Slots was slightly down at $585.6 million; blackjack brought in $92.3 million, whilst roulette delivered $35.4 million; craps $28 million; three-card poker $12.2 million; pai gow poker $10.2 million; mini-baccarat $8.1 million; let it ride $3.1 million; and keno $2.1 million.
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Gambling News :
Pokerstars Bahamas Main and High Roller Results -
The inaugural PokerStars Championship Bahamas saw two big winners crowned this weekend when Christian Harder won the main event for $429,664 and Luc Greenwood took home $779,268 after taking down the $25,750 High Roller event.
High Hopes For Pennsylvania Online Gambling -
Pennsylvania state politicians have wasted no time in getting back to work in the new legislative season, and there is renewed hope for a gambling expansion bill that includes online gambling and daily fantasy sports.
NJ Warns No Federal Online Gambling Ban -
New Jersey Senator and gubernatorial candidate Raymond Lesniak warned that any attempt to overturn a 2011 Department of Justice opinion that the federal Wire Act exclusively governs sports betting would be met with a hard-nosed reaction from his state.
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