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.