Nevada reveals gambling revenue drop in February

The Nevada Gaming Control Board has said that the US state suffered a 4.5% year-on-year decline in gambling revenue during February.

Revenue last month amounted to $945.6 million (€876.1 million), which is also down on the €1 billion collected by Nevada casinos in January of this year.

The Las Vegas Strip was responsible for more than half of gambling revenue in February, although the $542 million generated represents a decline of almost 5% on the same month last year.

However, Nevada was able to benefit from almost $52 million in percentage fees based on taxable revenue generated in the month, up around 2.9% on February 2016.

(Photo: pxfuel)

bitcoin
Bitcoin (BTC) $ 10,595.82 1.39%
ethereum
Ethereum (ETH) $ 350.78 1.95%
tether
Tether (USDT) $ 1.00 0.03%
ripple
XRP (XRP) $ 0.237250 0.96%
bitcoin-cash
Bitcoin Cash (BCH) $ 224.56 0.80%
binancecoin
Binance Coin (BNB) $ 27.10 6.80%
polkadot
Polkadot (DOT) $ 4.31 1.48%
chainlink
Chainlink (LINK) $ 9.62 1.86%
bitcoin-cash-sv
Bitcoin SV (BSV) $ 167.67 4.14%
crypto-com-chain
Crypto.com Coin (CRO) $ 0.149140 1.79%
S&P 500  ^GSPC 
$3,380.80  $17.80  (0.53%)
Dow Jones Industrial Average  ^DJI 
$27,816.90  $35.20  (0.13%)
NASDAQ Composite  ^IXIC 
$11,326.51  $159.00  (1.42%)
Russell 2000  ^RUT 
$1,531.20  $23.51  (1.56%)
Crude Oil Nov 20  F*CL.NYM 
$38.58  $1.64  (-4.08%)
   
$0.0000  $0.0000  (0.00%)