Nevada Gaming Tax Revenue Down And Casinos Don't Hear Cha Ching Bells
Friday, June 13th, 2008
Nevada gaming revenue is down and casinos don’t hear the cha ching bells in the halls. The current national economy has affected the bottom line of casinos in Las Vegas, NV.
Many Americans have cut their discretionary income and gambling in Las Vegas for the last four months of 2008. April 2008 Nevada casino revenues were $55.1 million, a decline of 3.5 percent from year to date figures.
Gaming taxes collected by the state were decreased 4 percent for the first 11 months at $707.8 million. More than half of last year’s gaming tax collections declined from the previous year’s figures.


