2013 best year for Nevada gaming since 2008
By Howard Stutz, Las Vegas Review-Journal
Nevada’s casino industry cracked the $11 billion gaming revenue figure during 2013, the first time the benchmark had been reached since 2008.
The Gaming Control Board released the state’s calendar year-end and December gaming revenue totals Friday.
Statewide, casinos collected $11.14 billion during 2013, a 2.6 percent increase over 2012. The all-time state single-year record remains $12.8 billion in 2007.
Baccarat — a card game favored by high-end customers who travel to Las Vegas predominately from Asia — figured heavily into the numbers.
Casino owners would have fared far better investing in the S&P 500, or even better, health care stocks in 2013.