Posts Tagged: gaming

Nevada Gaming Revenue Down Again

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Statewide and Strip gaming revenue declined for the third straight month in August, although some parts of Clark County reported double-digit increases. Nevada casinos collected $908.2 million from gamblers in August, a decline of nearly 1.4%, according to the Gaming Control Board. Strip casino revenue declined 4.7% to $527.4 million. The Strip declines were due… Read more »

Good Economists Won’t Let Numbers Lie

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By VEGAS INC staff (contact) As principal of RCG Economics in Las Vegas, John Restrepo directs the firm’s economic and financial consulting activities. With 34 years of experience analyzing regional economic and real estate trends, Restrepo frequently is sought to speak at business gatherings in Southern Nevada and often is a source for media outlets… Read more »

Nevada Revenue from Gaming Up Over Last Year

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Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $913,643,061 for the month of October 2014, according to a Nevada Control Board press release.  The amounts to a 4.26% decrease compared to October 2013, when licensees reported a gaming win of $954,319,750. For the fiscal year (July 1, 2014 through October 31, 2014), gaming… Read more »

Year Over Year Nevada Gaming Win Lagging

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When the Nevada Gaming Control Board (GCB) released its monthly gaming report on Friday, the big story was the state’s first decline in gaming win in five months. Nevadans were informed that August showed a 3.7% drop in gaming win statewide. The news was even worse for online poker, with revenues dropping 22.5% in August, their lowest point since… Read more »