Las Vegas gaming revenue drops

According to the state’s Gaming Control Board report, Nevada’s non-restricted gaming licensees reported a total “gaming win” of USD925 million in January, a 2.8 percent year-
on-year decrease.
More than USD530 million of Nevada’s total “win” in January came from the Las Vegas Strip. The current fiscal year total for the Strip is 0.6 percent below last fiscal year’s running total. Win numbers for the Vegas Strip have experienced a large drop-off, down 7.7 percent year-on-year, in stark contrast to the 8.2 percent increase recorded in December.
Downtown Las Vegas has delivered an 8.8 percent year-on-year revenue gain in January. Fiscal year numbers for Downtown Vegas are now 8 percent ahead of that of last year.

Categories Business