Las Vegas casinos:
Gambling revenue down 16.4% in May
And May became another month of slumping gambling revenue
for the casinos in Las Vegas and Nevada. According to the latest
state report on the gambling revenue, the Las Vegas casinos saw
16.4% decline, compared to the same month an year ago. The
casinos on the Las Vegas Strip took in just $513.5 million in
May of 2008. Meanwhile the casinos in Nevada (statewide) also
saw a big drop in gambling revenues. Gamblers lost just $969.9
million in May or 15.2% less than they did the same month last
year. The numbers for May were the fifth consecutive monthly
decline statewide.
Published on
07/10/2008
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