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Nevada casino revenue down 10 percent in May
by Tribune Staff
Jul 12, 2012 | 297 views | 0 0 comments | 1 1 recommendations | email to a friend | print


LAS VEGAS — State gambling regulators say Nevada casinos revenues were down 10 percent in May compared with a year earlier.

Nevada Gaming Control Board officials say Thursday that casinos brought in $885 million in May, down from $984 million a year ago.

Revenue on the Las Vegas Strip was down 18 percent in May at $475 million, while downtown Las Vegas was down 2 percent at $45 million. Laughlin had a better month, with a 20 percent gain in May.

Reno revenue was down 5 percent, while South Lake Tahoe casino winnings dived nearly 27 percent.

Nevada collected much less tax revenue from casinos in May. State officials say they brought in $52 million based on May winnings, which is a 24 percent drop from the previous year.
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