January 9, 2009

Gaming revenues down for Nevada

Gambling revenues for the state of Nevada fell 14.8 percent in November compared with a year ago, the state's Gaming Control Board said Friday.

For the year, revenues from the state's gambling businesses fell 9 percent January through November, the board said.

In November, revenues reached $836.8 million, the Las Vegas Review-Journal reported. A year ago, revenues for November were $982.1 million.

These figures show how far we have fallen, said Gaming Control Board research analyst Frank Streshley.

A recovery will take some time, he said.

The board said slot machines took in $9.74 billion in November a decline of 12.1 percent from ago. Gambling tables took in $2.1 billion, a 10.1 percent decline.