Nevada Gambling Revenues Improve

NEVADA GAMBLING REVENUES IMPROVE

09th February, 2012 at 14:13:56
Source: http://www.azonlinecasinos.com

December numbers generate more hope for recovery

The recession-plagued decline in Nevada gambling may have come to an end at last, with more improvement reported by the Nevada Gaming Control Board for December, where Las Vegas Strip casino gambling revenue rose 3.6 percent, bringing the full-year gain to 5.1% for a second annual increase.

Strip betting revenue rose to $518.4 million over December 2010. For the full year, Strip casinos won $6.07 billion, from $5.78 billion in 2010. Strip casino revenues climbed 4.1% in 2010, after record declines of more than 9% in 2008 and 2009.

Revenue for all Nevada casinos increased 2.1% in December and 2.8% over the FY 2011, the board said. Proceeds for Clark County, which includes downtown Las Vegas as well as the Strip, rose 1.2% for the month and 3.5% for the year.

Passenger traffic at Las Vegas's McCarran International Airport rose 4.4% in the first 11 months of 2011, according to Clark County Department of Aviation data. The airport counted 38.3 million arrivals and departures.

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