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) $ 32,410.00 0.33%
ethereum
Ethereum (ETH) $ 1,362.87 4.53%
tether
Tether (USDT) $ 0.998991 0.30%
polkadot
Polkadot (DOT) $ 17.60 3.91%
ripple
XRP (XRP) $ 0.270337 2.11%
cardano
Cardano (ADA) $ 0.346987 3.16%
chainlink
Chainlink (LINK) $ 23.66 5.49%
litecoin
Litecoin (LTC) $ 138.10 4.01%
bitcoin-cash
Bitcoin Cash (BCH) $ 436.17 3.19%
binancecoin
Binance Coin (BNB) $ 41.85 0.93%
S&P 500  ^GSPC 
$3,855.36  $13.89  (0.36%)
Dow Jones Industrial Average  ^DJI 
$30,960.00  $36.98  (-0.12%)
NASDAQ Composite  ^IXIC 
$13,635.99  $92.93  (0.69%)
Russell 2000  ^RUT 
$2,163.27  $5.49  (-0.25%)
Crude Oil Mar 21  F*CL.NYM 
$52.72  $0.0500  (-0.09%)
   
$0.0000  $0.0000  (0.00%)