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Nevada Casinos Win Nearly $915 Million From Gamblers In March

Figure Represents A 7-Percent Increase Compared To Last Year


Nevada casinos had yet another solid month in terms of gaming revenue. On Friday, state regulators released figures from the month of March.

The report stated: Nevada’s non-restricted gaming licensees reported a total “gaming win” of $914,784,656 for the month of March 2013. This amounts to a 7.04 percent increase compared to March 2012, when licensees reported a gaming win of $854,590,337. For the fiscal year (July 1, 2012 through March 31, 2013), gaming win has increased 2.79 percent.

The State collected $78,338,772 in percentage fees during the month of April 2013, based upon the taxable revenues generated in March 2013. This represents a 9.62 percent (or $6,877,715) increase compared to the prior year’s April.

Online gaming is underway in the Silver State, as that should be another source of gaming revenue for the brick-and-mortar casino companies.

Nevada casinos won $1.073 billion from gamblers in February. That figure, thanks to the Chinese New Year, was the highest since 2007.

Properties took in $909.2 million during the month of January, representing a 12.4 percent decline from the previous year when the state reported gaming revenue of $1.038 billion.

Getting to that $1 billion mark is a big deal for the casinos.

For more news from Nevada, check out its state page.

Tags: Nevada,   Gambling,   Casinos