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Stateline gaming revenue up despite statewide drop

Published: December 29, 2016  By: admin, In: News,  3 Comments
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By Associated Press

State officials say Nevada gambling revenue dropped about 1.5 percent in November mainly due to decreases in the Las Vegas area.

However, Stateline revenue jumped 12.5 percent to $16 million.

The Nevada Gaming Control Board said Thursday that the state’s casinos won more than $930 million in November.

Revenue on the Las Vegas Strip was down 3.5 percent year-over-year, to $517 million. Downtown Las Vegas winnings fell 5.5 percent to $51 million.

Reno casino revenue was up almost 3 percent to $46 million.

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Comments (3)
  1. Nancy Doak says - Posted: December 30, 2016

    Las vegas strip casinos now charge for parking
    Maybe that’s why revenue is down.

  2. Carl Ribaudo says - Posted: December 30, 2016

    I doubt it’s paid parking as only a few casinos have adopted the policy. More likely global competition.

  3. Lou Pierini says - Posted: December 30, 2016

    When that casino had a monopoly they gave away everything, with competition they charge for everything, doesn’t make sense does it?