Nevada Gaming Revenue Slips 11.6% in March

5/7/2009 by Gaming Industry Media Staff

Numbers from the Nevada Gaming Control Board released on Thursday show that the recession's hold on Las Vegas could be loosening.

Numbers from the Nevada Gaming Control Board released on Thursday show that the recession's hold on Las Vegas could be loosening.

Although gaming win on the Strip fell 12 percent year over year, there was an uptick in revenue when compared to February 2009.

For Las Vegas, March revenue came in at $456.1 million -- up 6.7 percent from $427.4 million in February. In February, year-over-year Las Vegas casino win dipped 23 percent.

According to the Las Vegas Journal-Review, statewide numbers were down for the 15th straight month.

Overall non-restricted gaming licensees in the state won $918.2 million in March -- an 11.6 percent decrease compared to last March. For the fiscal year, July 1, 2008 through March 31, gaming win decreased 14.2 percent, according to the board.