Nevada Casino Winnings Decrease in February - 8 News NOW

Nevada Casino Winnings Decrease in February

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CARSON CITY, Nev.  -- Nevada casino winnings dropped almost 7 percent in February compared with the same month in 2010, and state monthly tax revenues decreased more than 11 percent compared with a year ago.

The Nevada Gaming Control Board reported Friday that casinos in Nevada won just under $950 million during the 28-day reporting period.

Taxes on casino winnings make up about a third of Nevada's general fund revenues. The state collected just under $41.6 million based on the casino "gaming win" figure for the month.

The report says that for the first seven months of the fiscal year, statewide casino winnings are up a little less than 1 percent. Las Vegas Strip casino winnings dropped more than 9.5 percent. The Reno, Sparks and Lake Tahoe area were down more than 11 percent.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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