Nevada revenues up in February

Nevada gambling revenue has topped $1 billion in February for the second month running, with the Nevada Gaming Control Board reporting Wednesday that the $1.02 billion that casinos statewide earned from gamblers amounted to a 7.7 percent year-on-year increase.

Casinos on the Las Vegas Strip logged winnings of more than $603 million for the month, up more than 11 percent from a year earlier.

The state harvested almost $44.2 million in percentage fees based on the taxable revenues generated in February…a 15 percent decrease from the same period in 2017, when the state collected almost $52 million.

For the fiscal year beginning last July, the “gaming win” over the nine months has increased by 2.3 percent.

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