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NEVADA NUMBERS DOWN FOR EIGHTH MONTH
It appears that the economic crunch continues to deter gamblers from the expense of trips to land casinos, with the latest numbers from the Nevada Gaming Control Board indicating declining gaming revenues for the eighth straight month.
The figures relate to August 2008 and show that across the gambling state gaming revenues were $934.1 million, an 8.1 percent decline compared with the $1.016 billion recorded for August a year ago. Looking specifically at the Las Vegas Strip, gaming revenues were $494 million, a 7.4 percent decline compared with $533.6 million for the same period a year back.
The Year to Date numbers for the first eight months of the year show Nevada state gaming revenues down 6.8 percent, the largest decline since the state started keeping records in 1984. The same period on the Strip shows a 6.6 decline in gaming revenues compared with YTD 2007 statistics.
The falling revenues have inevitably led to reduced tax harvests for the authorities. The state collected $54.6 million based the monthly revenue totals, a decrease of 6.2 percent compared with $58.2 million collected in August 2007.
Gaming revenues fell throughout Clark County in August, which reported a 9.4 percent decline. Downtown casinos saw gaming revenues fall 9.5 percent, gaming revenues on the Boulder Highway were down 22.4 percent and gaming revenues in North Las Vegas were off 17.8 percent.
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Asia Gaming To Showcase Live Dealer Action -
Asia Gaming will be practically demonstrating its live dealer baccarat at the ICE show next month. The Asia-facing online gambling provider is on the expansion trail and intends to make a big impact at the expo and conference in London.
2017 Aussie Millions Event 6 -
Heads up, Boivin faced local pro Joel Feldman, but the Aussie proved to be no match for an on-fire Boivin who dispatched him with the runner up prize of A$78,440.
2017 Ice Totally Gaming -
Next month's ICE Totally Gaming conference and expo will again be a truly international affair, following confirmation by organizers Clarion Gaming that a total of 67 jurisdictions and sovereign states will be represented on the show floor at ExCeL Centre, London.
IGT in 7 Year Deal With Svenska Spel -
#IGT , as legacy #GTECH , has been providing video lottery products and support services to the state-owned monopoly Svenska Spel since 1996, the statement reminds readers.
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