Gaming revenues down on the South Shore and in state
Submitted by paula on Mon, 11/30/2015 - 5:23pm
Revenue for casinos on the South Shore continue to slide according to the Nevada Gaming Control Board who released their gaming revenue figures for the month of October today.
Income before expenses and taxes was $18,213,338 for Stateline casinos.
Net revenue for local casinos is down 3% when compared to figures from October, 2014, bringing their fiscal year total to 14.99% lower than the same period last year.
In the state of Nevada, casinos as a whole experienced a net loss of 2.85%, leaving the fiscal year totals almost even with the the prior year. Their "win" is $887,577,506
The biggest "winner" were the Wendover casinos who saw a gain in their net win by 13.61%. North Lake Tahoe casinos saw a gain over 2014 by 2.58%
The gaming win represents the computed income of casinos before business expenses and taxes.
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