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NEVADA LAND GAMBLING DOWN 11 PERCENT
Thursday, May 10,2012 : NEVADA LAND GAMBLING DOWN 11 PERCENT
Nevada Gaming Control Board reports that many of the state's major venues saw revenues decline
The Nevada Gaming Control Board reported Thursday that land gambling operations in the state suffered an 11 percent decline in revenues to $855 million in March compared to the same period a year ago.
Most of the state’s top venues saw revenues fall, and even the Las Vegas Strip was down almost 15 percent year-on-year to $449 million. Downtown Las Vegas saw a 12 percent decrease and brought in $43 million.
The decline in revenues meant that the state collected 10 percent less in taxes…down at $71 million.