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NV Casino Winnings Down 4.3 Percent in Fiscal Year | Gaming News

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NV Casino Winnings Down 4.3 Percent in Fiscal Year
Gaming News

CARSON CITY, Nev.  -- Regulators say monthly casino winnings in Nevada were down more than 6.6 percent in June, pushing the overall decrease for the fiscal year to 4.3 percent.

The state Gaming Control Board reported Thursday that state tax collections based on casino winnings in June totaled almost $43 million, down 5.9 percent compared with the same period in 2009.

Casino revenues are a key economic indicator in the Silver State, which continues to struggle with record high unemployment and home foreclosures.

The report says that for the July 2009 to June 2010 fiscal year, casinos won $10.3 billion. That's down from almost $10.8 billion the previous year. The report says casinos statewide won almost $764 million in June. On the Las Vegas Strip, casino winnings were down more than 7.6 percent.

 (Copyright 2010 by The Associated Press. All Rights Reserved.)

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