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Baccarat At Las Vegas Casinos Brings More Revenue Than Blackjack
In the days before the Chinese New Year celebration began this week, six high rollers sat down at the private baccarat tables one day at the MGM Grand in Las Vegas and began throwing down wagers of $100,000 to $200,000 a hand. It was a scene hardly out of place these days in Sin City. Nevada Revenue5/17/2012
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Gambling Revenue for the State of Nevada Falls for the First Time in Five Months
(Nevada) -- Despite strong gambling growths in Macau, the only part of China where gambling in casinos is legal, casino stocks have fallen sharply recently. The Market...
5/13/2012
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Nevada gambling revenue down 10.8 percent in March
(Nevada) -- March was an unlucky month for Nevada casinos, when gamblers beat the house more than normal and casino revenues fell 10.9 percent from the same month last...
5/12/2012
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Las Vegas Earnings Fall LVS, WYNN, CZR
(Las Vegas) -- The Nevada Gaming Commission’s report said that total revenue for March 2012 came in at $854.6-M, down -10.86% compared with March 2011.
5/11/2012
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Nevada gambling revenue down 10.8 percent in March
(Nevada) -- March was an unlucky month for Nevada casinos, when gamblers beat the house more than normal and casino revenues fell 10.9 percent from the same month last...
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Nevada gaming revenues down nearly 11 percent in March
(Nevada) -- Nevada gambling revenues totaled $854.5 million in March, a 10.8 percent decline compared with the same month last year. The double-digit decline in revenue...
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State gaming win for casinos tumbles 10.8 percent in March
(Nevada) -- Gambling winnings for casinos on the Las Vegas Strip nosed dived 14.9 percent in March, ending five consecutive months of increases.
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The Cosmopolitan posts smaller first-quarter loss
(Las Vegas) -- The Cosmopolitan of Las Vegas has reported a smaller first-quarter loss, but nongaming revenue at the luxury Strip resort continues to outpace gaming...
5/10/2012
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Nevada gambling revenue down 10.8 percent in March
(Nevada) -- March was an unlucky month for Nevada casinos, when gamblers beat the house more than normal and casino revenues fell 10.9 percent from the same month last...
5/9/2012
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State revenues up; Washoe Co. down
(Nevada) -- The nation’s commercial casinos continued their slow-but-steady comeback from recession last year as revenues rose 3 percent from 2010, according to a...
5/2/2012
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Pai gow jackpots top $1 million through April at Station Casinos
(Las Vegas) -- Progressive pai gow poker is paying off at locals casinos across Las Vegas. Station Casinos said its progressive jackpot winnings surpassed $1 million for...
4/12/2012
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Nevada Casino Revenue Up 5.7% To $932.2 Million In February
(Nevada) -- The Nevada Gaming Control Board has released its casino gambling figures for February, revealing a 5.7% increase in revenue to $932.2 million compared to the...
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Nevada on the rise as Atlantic City falters
(Nevada) -- Nevada’s casinos enjoyed a significant increase in gaming win in February, the Nevada Gaming Control Board announced. The state’s gaming...
4/11/2012
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Nevada reports gaming revenues of $932 million for February
(Nevada) -- Nevada gambling revenues increased 5.7 percent in February to $932 million, a figure greeted by analysts as "solid progress" despite a weaker...
4/10/2012
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Boulder Strip Sees Gambling Boom
(Nevada) -- Nevada casinos are winning again, showing five straight months of revenue gains -- the first such streak in six years. Overall, casinos won 5.7 percent more...
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Las Vegas Revenues Rebound In February [sub req'd]
(Las Vegas) -- A bump in Las Vegas locals traffic, along with the ongoing recovery on the Strip, helped push Nevada’s state-wide gambling revenue up almost 6...
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Nevada casino revenue up 5.7 percent in February
(Nevada) -- Gambling revenue for Nevada casinos was up 5.7 percent in February to $932.2 million, state regulators said Tuesday.
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Nevada reports gaming revenues of $932 million for February
(Nevada) -- Gaming Control Board officials said Tuesday Nevada gambling revenues were up 5.7 percent in February after casinos brought in $932 million.
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Reno casino winnings up 8.2 percent in February; statewide numbers up also
(Reno) -- Gambling revenue for Nevada casinos was up 5.7 percent in February to $932.2 million, state regulators said Tuesday.
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Strip gaming revenue rose 3.3 percent in February
(Nevada) -- Gambling cooled off on the Strip in February but continued strong in downtown Las Vegas casinos. The state Gaming Control Board reported today that the...
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Vegas Gaming Revenue Rises, But Casino Shares Tumble
(Nevada) -- Gaming revenue is growing at a steady pace in Nevada as the nation's gambling capital continues to recover, a report out Tuesday said. But analysts say...
4/8/2012
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Gaming industry sees profitability making a comeback
(Las Vegas) -- A word seldom associated with Las Vegas casinos in recent years — profits — may be making a comeback. Fourth quarter 2011 financial results...
3/26/2012
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Las Vegas visitors gambled less in 2011, survey shows
(Las Vegas) -- Las Vegas visitors are increasingly staying away from the casinos floors that made this desert city famous.
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Visitor profile: Little more spending but cautious on gambling
(Las Vegas) -- Sometimes people lie about what they do in Las Vegas. That phrase isn't going to replace the "What happens in Vegas, stays in Vegas"...
3/19/2012
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Moody’s analysts: ‘The Las Vegas recovery is under way’
(Las Vegas) -- Analysts at Moody's Investors Service in New York have become more optimistic about business conditions for hotel-casino operators on the Las Vegas...
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Strip gaining in economic recovery, Moody's says
(Las Vegas) -- The Strip is "gaining traction" in its economic recovery, but rising fuel costs could set back any financial healing in the market, an analyst...
3/11/2012
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With gaming win hitting $1 billion in January, have Las Vegas’ high-rolling days returned?
(Las Vegas) -- Holy cow, Nevada’s gaming win in January was up 18.4 percent over the same month a year ago! Bust out some champagne! Let’s throw a party! We...
3/10/2012
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Nevada casino revenue jumps 18 percent in January
(Nevada) -- Nevada casinos took in more than $1 billion in gambling revenue in January, posting an 18.4 percent increase over the same month a year earlier largely...
3/9/2012
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Progress, inactivity tell tale of two Vegas Strips
(Las Vegas) -- The closure of O'Shea's Casino to make way for a new entertainment and shopping district is the latest in what Las Vegas does best -- out with the...
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Does Las Vegas Have a Full House?
(Las Vegas) -- According to a recently released statement by the Nevada Gaming Control Board, Las Vegas Strip gambling revenue jumped 29 percent to $623.5 million in...
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January gaming win tops $1 billion; North Tahoe down 4.16 percent
(Nevada) -- January's Nevada gaming win topped $1 billion for the first time since September 2008 — 40 months ago. That is an 18.4 percent increase over...
3/8/2012
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Las Vegas Strip Gambling Revenue Rises 29%
(Las Vegas) -- Las Vegas Strip gambling revenue increased 29 percent to $623.5 million in January on a surge in baccarat play, adding momentum to the recovery for the...
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Las Vegas Strip Gambling Revenue Rises 29%
(Nevada) -- Las Vegas Strip gambling revenue increased 29 percent to $623.5 million in January on a surge in baccarat play, adding momentum to the recovery for the...
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Nevada casino revenue jumps 18 percent in January
(Nevada) -- Nevada casinos took in more than $1 billion in gambling revenue in January, posting an 18.4 percent increase over the same month a year earlier largely...
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Nevada gaming revenues top $1 billion in January
(Nevada) -- A calendar change that saw the lucrative Chinese New Year celebration fall into January spurred Nevada gaming revenues to a nearly 18.4 percent increase and...
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Washoe County gaming slumps in January, while The Strip booms
(Nevada) -- Gaming revenues tumbled across Washoe County in January, the state reported today, in contrast to a double-digit increase statewide fed by robust revenues on...
2/10/2012
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Gaming ends down / December shows 10.24 percent increase
(Nevada) -- Despite a 10.24 percent gaming revenue increase in December, Washoe County still was down 3.2 percent for the year 2011, according to Nevada Gaming Control...
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Gaming revenues rise again, hoisting rebound hopes, too
(Nevada) -- So, are we back? Nevada's casino industry posted its second straight annual gaming revenue increase in 2011. Analysts were quick to point out another...
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Nevada Gaming Revenue Increases for Second Straight Year in 2011
(Nevada) -- The Las Vegas Review-Journal reported Thursday that Nevada casinos recorded their second consecutive year where gaming revenue increased. Brick-and-mortars...
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Strip casinos post 5.1 percent boost in winnings during 2011
(Las Vegas) -- The 37 casinos on the Las Vegas Strip won $6 billion in 2011, an increase of 5.1 percent from the previous year, the state Gaming Control Board reported...
2/9/2012
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Gaming Revenues Up In 2011
(Nevada) -- Nevada casinos have won nearly $856 million in December, marking a 2 percent increase compared with the same month a year ago.
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STUTZ: Nevada gaming revenues increase 2.8 percent in 2011; Strip figures up 5.1 percent
(Las Vegas) -- So, are we back? Nevada's casino industry posted its second straight annual gaming revenue increase in 2011. Analysts were quick to point out another...
1/26/2012
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Baccarat At Las Vegas Casinos Brings More Revenue Than Blackjack
(Las Vegas) -- In the days before the Chinese New Year celebration began this week, six high rollers sat down at the private baccarat tables one day at the MGM Grand in...
1/13/2012
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Washoe gaming revenue rises 2 percent in Nov. 2011
(Nevada) -- Washoe County's gaming revenues edged up in November from a year earlier, the state reported Wednesday, marking just the third monthly rise in 2011.
1/11/2012
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BILL SPAIN: Nevada gambling revenue spikes 7.1% higher
(Nevada) -- The Nevada Gaming Control Board said Wednesday that November gambling revenue statewide rose 7.1% to $880.1 million.
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Nevada gambling revenue up 7 percent in November; Las Vegas and Reno post gains
(Nevada) -- Nevada gambling revenues jumped 7 percent in November compared to the year before as casinos brought in $880 million statewide.
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Nevada Gambling Revenues Spike, Led By Strip Gains
(Nevada) -- Higher visitation, play levels and the luck of the House helped the Las Vegas Strip post an impressive 9 percent gain in November gambling revenue, while,...
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November gaming revenues rise 7.1 percent statewide, 9 percent on the Strip
(Nevada) -- November was a good month for the Nevada's casino industry, but many analysts told investors not to take too much away from the second straight monthly...
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Strip casinos post 9 percent gain in gaming win
(Nevada) -- Buoyed by strong play in baccarat, casinos along the Las Vegas Strip won $495.2 million in November, a 9 percent gain from a year ago.
1/9/2012
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Carson Valley casinos among few making a profit
(Nevada) -- Despite the fact that total revenue for Nevada's major casinos increased more than $1 billion in fiscal 2011, the 256 hotel/casinos making more than $1...
1/8/2012
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Nevada Casinos Post Heavy Losses in 2011
(Nevada) -- While Nevada’s casino market may have improved in 2011, large casinos still have a long way to go to regain profitability. According to the Nevada...
1/7/2012
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Gambling makes up smallest chunk ever of casino revenue
(Las Vegas) -- Money won from gamblers comprised a record low share of the Nevada casino industry’s total revenue generated during the past fiscal year.
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Gaming Numbers Grim, But Sandoval Says Numbers are Improving
(Nevada) -- The Nevada Gaming Abstract-- a study that monitors gaming revenue in the state-- shows Nevada casinos lost almost $4 billion in the fiscal year ending in...
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Gaming: Washoe casinos lose $44.5 million in 2010-11
(Nevada) -- Washoe County’s biggest casinos combined for a third straight year of net losses in the 12-month period that ended last June 30, the state reported...
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Nevada Casinos Hit for $4 Billion in 2011 Fiscal Year
(Nevada) -- Nevada casinos are still feeling the effects of the Great Recession. According to an abstract released by Silver State gaming regulators this week, brick-and...
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Nevada gambling revenues in 2011 proportionately smallest ever recorded
(Nevada) -- The Nevada Gaming Control Board released findings today that showed money won from gamblers in the state made up a record low share ( 46.2% ) of the casino...
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Nevada's largest casinos lose $4 billion 2011
(Nevada) -- Nevada's largest casinos saw increases in revenues but still suffered a combined net loss of nearly $4 billion loss in 2011, largely because of higher...
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Revenues Increase But Major Nevada Casinos Lost $4 Billion In FY2011
(Nevada) -- Nevada’s major casinos saw total revenues increase to $22 billion last fiscal year, but the 256 properties reported a net loss of just under $4 billion...
1/6/2012
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Nevada's largest casinos lose $4B in 2011
(Nevada) -- A report released Friday by the state Gaming Control Board shows 256 casinos grossed $1 million or more in gambling revenue for the fiscal year ended June 30.
12/30/2011
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Gaming gains drive up economic index
(Nevada) -- National economists have declared the Great Recession officially ended two years ago, though it certainly hasn't felt that way in Las Vegas.
12/10/2011
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STUTZ: Nevada gaming revenues increase 8.1 percent in October
(Nevada) -- Nevada's 8.1 percent gaming revenue jump in October wasn't a surprise to analysts. During third-quarter earnings conference calls last month, Strip...
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Casino Stocks Enjoy a New Trend
(Wall Street) -- Nevada’s gambling revenue jumped 8.1% to $960.7 million in October, according to data released Friday by state regulators.
12/9/2011
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Casino winnings rebound in October
(Las Vegas) -- Casinos on the Las Vegas Strip rebounded from two off months to post winnings of $560.5 million in October, an increase of 13.2 percent compared to a year...
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Nevada gaming revenues increase 8.1 percent in October
(Nevada) -- Nevada casinos broke a two-month gaming revenue slide in October. Statewide, gaming revenues were $960.7 million during the month, an 8.1 percent increase...
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Nevada Gaming Revenues Jump 8.1 Percent In October, Baccarat A Key Factor In Win
(Nevada) -- Nevada casinos took in $961 million in October for an 8.1 percent gain over the same month in 2010, the Gaming Control Board reported today.
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Visitor numbers continue climbing, report says
(Nevada) -- Southern Nevada had 3.4 million visitors in October, the highest monthly total of the year and the most in one month since March 2007.
12/7/2011
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Gaming growth seen at 5 percent in U.S., greater in Asia-Pacific region
(Las Vegas) -- Gaming is a growth industry worldwide, but it's growing faster outside of Nevada, according to analyst projections by a major accounting firm.
12/6/2011
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SIEROTY: Gaming growth seen at 5 percent in U.S., greater in Asia-Pacific region
(Las Vegas) -- Gaming is a growth industry worldwide. According to its latest 2011-2015 Global Gaming Outlook, PriceWaterhouseCoopers estimates overall U.S. gaming...
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