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Meine Mama | Category | Royal Vegas Casino

Nevada State Gaming Revenue Up As Vegas Recovery Continues

Nevada State Gaming Revenue Up As Vegas Recovery Continues

The Las vegas, nevada Strip enjoyed a healthy revenue spike in March. (Image: Wikipedia.org/Lasvegaslover)

Signs that Las Vegas continues on the way to recovery that is financial as the Nevada Gaming Control Board announced that statewide revenue had increased 7.6 percent, to $982.2 million, through the month of March, and by 10.9 percent on the Strip, to $560.7 million.

The numbers reverse a two-month decrease in video gaming revenue to date in 2014, with table games, and baccarat in specific, yielding a robust turnover. Year-over-year, baccarat revenue increased by 39.9 percent in March, while craps income grew by 36 percent, and blackjack up by 6.1 percent.

Slot machine turnover, meanwhile, was up 3.8 percent, showing an increase for the third month in a row. Baccarat, a high roller game which analysts believe ended up being instrumental in keeping the casinos afloat in the wake for the financial crisis, grew to $101.8 million in income, with the cards favoring the home 4 percent significantly more than they did year that is last. However, even without baccarat, statewide revenues would still be up 4.8 percent over the board.

New Demographic

The figures reveal signs that customers are spending and gambling again, although additionally they recommend a brand new affluent Vegas demographic is emerging one which spends money on table gaming, nightlife, restaurants and attractions, rather than funneling mo Continue reading