Gambling Revenues For Las Vegas Strip Casinos Plunge 12.8 Percent
November 2012 Brutal Month For Nevada Casino Industry
Nevada’s casinos, statewide, experienced a 11.08-percent fall in gaming revenue in November when compared to the same period in 2011.
The state’s Gaming Control Board released a monthly win report Thursday morning.
Total win for Nov. 2012 was $782,626,620. Licensees reported $880,127,660 in Nov. 2011.
Clark County, home to Las Vegas, dropped 12.99 percent. Strip properties fell at a 12.80-percent clip. The largest decline was the Boulder Strip, which slid 26.38 percent.
Dr. David Schwartz, director of the Center for Gaming Research at the University of Nevada Las Vegas, Tweeted Thursday that Strip revenues did grow by 1.4 percent over the past 12 months, but that “most projected growth at double that for 2012.”
Statewide gaming revenues had experienced two months of gains before November’s numbers were released. For the fiscal year (July 1, 2012 through Nov. 30, 2012), gaming win increased 1.51 percent year-over-year. The final numbers for 2012 are not yet in.
|1||Ignition Casino Offering Online Poker To US Players|
|2||Merciers Both Cash First Big Event After Marriage|
|3||Poker Strategy: Don’t Play Live Poker Like A Robot|
|4||Hellmuth, Michigan Coach Friends Over Poker|
|5||Online Poker Black Friday Defendant Avoids Prison|
|6||Caesars To Begin Charging For Self-Park At Casinos|
|7||Mahoney Wins 2016 SHR Rock 'N' Roll Poker Open|
|8||Poker Strategy With Gavin Griffin: Homogeny|
|9||Oakland Makes Play To Keep Raiders From Vegas|
|10||Crazy Gambling Stories From November|
|1||Mike Sexton Wins 2016 WPT Montreal Main Event|
|2||Has The Borgata Casino Felted Phil Ivey?|
|3||Ignition Casino Offering Online Poker To US Players|
|4||A Statistical Look at the WSOP Main Event Final Table|
|5||Phil Ivey Loses Appeal In London Gambling Case|
|6||Merciers Both Cash First Big Event After Marriage|
|7||Paddy Power's $1M Clinton Payout Backfires|
|8||British Gambler Paid Out $900K On Trump Wager|
|9||Bellagio Dealer Gets Prison In Cheating Scheme|
|10||Mike Sexton Leads 2016 WPT Montreal Final Table|