It had been the year that is fifth for a downturn in Nevada’s web revenues for fiscal 2013, according to the Gaming Control Board
It was bad news and type of good news for the Silver State’s casinos when Nevada’s Gaming Control Board released their annual Gaming Abstract Report week that is late last. The bad news myfreepokies.com was that Nevada’s 263 combined casinos experienced a fifth straight 12 months of financial internet losses; however the good news is that their actual intake revenues increased a tad contrasted to 2012.
However, a web loss is a net loss, and fiscal 2013 was a little bit worse than 2012, having a final tally of minus $1.348 billion,compared to $1.212 billion in 2012.
It’s all area of the infant step recovery process from Nevada’s massive turndown through the nation’s recession, which absolutely hit this casino-centric area hard since 2009. In fact, fiscal 2008 had been the final time Nevada’s casinos general showed a net profit, and that was for $721.1 million. The following year, hawaii took its biggest hit, with a $6.8 billion net loss for casinos statewide. Ouch.
The Las Vegas Strip naturally sets the rate when it comes to Nevada gaming, and a small 1.7 per cent revenue jump throughout the last year that is fiscal wasn’t sufficient to leave a revenue; overall, Strip casinos marked a $1.5 billion loss for the entire year. But once again, some silver lining here; that loss had bee Okumaya devam et “Nevada Casinos Can’t Profit for Losing for Fifth Straight Year”