Nevada gambling revenues slip 8 percent in July

News on 31 Aug 2013

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.

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