Casino gambling revenue keeps growing in gaming capital, despite fears of an economic slowdown and competition.
August 10 2007
NEW YORK (Reuters) -- Gamblers lost $959.8 million at Nevada casinos in June, almost 6 percent more than in the same month a year earlier, helping the state notch record winnings for the fiscal year, Nevada's Gaming Control Board said Friday.
Casino gambling revenue, known as gaming win, keeps growing in the U.S. casino capital, despite fears of an economic slowdown and the growing challenge of Asian gambling enclave Macau and new slot machine facilities on the East Coast.
Nevada marked a record fiscal year for the 12 months ended June 30, winning $12.7 billion from gamblers, up almost 5 percent from the previous 12-month period.
The Las Vegas Strip - the heart of Nevada's casino industry - led the gains, reporting a gaming win of $500 million for June, up 13 percent from a year earlier.
Edited by Rogerdodger, 12 August 2007 - 11:28 PM.
