Monthly Archives: January 2017

Nevada Gaming Win Continues YOY drop, FY increase in December

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Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $956,095,364 for the month of December 2016. This amounts to a 2.73% decrease compared to December 2015, when licensees reported a gaming win of $982,971,649. For the fiscal year (July 1, 2016 through December 31, 2016), gaming win is still up 2.44%. Detailed regional figures… Read more »

How Nevada Could Benefit From an Infrastructure Bank

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There has been a lot of talk about infrastructure banks lately. A national infrastructure bank has been talked about since the first term of the Obama administration. After being attacked by the Trump campaign, the idea has recently been picked up by Treasury Secretary-designate Steve Mnuchin. Also, the concept a state infrastructure bank was among the… Read more »

Nevada Ranked 47th in Nation for Reliance on Federal Aid

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State governments get most of their funding from the taxes and fees the levy within their borders, but that’s not their only source of revenue. Federal grants-in-aid also provide substantial support to state coffers. A new blog from the Tax Foundation breaks down the share of each state’s budget that comes from the feds. Nevada is one… Read more »

2016 Nevada Gaming Abstract Shows Gains in Revenue

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The Nevada Gaming Control Board has released its Nevada Gaming Abstract for 2016. The report of combines financial information regarding Nevada gaming licensees grossing $1 million or more in gaming revenue during the fiscal year ended June 30, 2016. During FY 2016, there were 273 casinos in Nevada grossing $1 million or more in gaming… Read more »

December Home Prices Down Slightly in Las Vegas

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Sales and Prices Up Year Over Year The Greater Las Vegas Association of REALTORS® (GLVAR) reported today that local home prices come down slightly from las month, as typically occurs this time of year. Still, the median price of existing single-family homes sold during December through its Multiple Listing Service (MLS) was $235,000. While that is… Read more »