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Thursday, September 30, 2010

Las Vegas gambling revenue down for 5th consecutive month

CARSON CITY, Nev., Sept. 10 (UPI) -- The Nevada Gaming Control Board said gaming revenues in the state fell for the fifth consecutive month in July, decreasing 4.9 percent from the previous year.

The board said casinos in the state collected $829.7 million from customers during July, down from $872.7 million in July 2009, the Las Vegas Review-Journal reported Friday.
Casinos on the Las Vegas strip collected $461.3 million during July, about $12,000 more than the same month in 2009. Casinos in downtown Las Vegas recorded a 19 percent
decline from July 2009 while North Las Vegas casinos experienced a 23.6 percent decline.

Strip casinos were aided by a 32 percent increase in February, the gaming board said.
Downtown casinos saw gaming revenues decline 19 percent, casinos in North Las Vegas suffered a 23.6 percent decline, gaming revenues from Boulder Strip casinos were off 16.9 percent and the casinos in the Balance of Clark County suffered a 12.7 percent revenue decline.

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