Sunday, March 15, 2015

Money in Gambling (1)

Nevada’s State Gaming Control Board recently released gaming revenues for the month of January 2015 for Nevada and Las Vegas. Revenues increased by 7.75% to $953 million year-on-year. For the fiscal year to date from July 1, 2014, through January 31, 2015, gaming win decreased by 2.1%.

The Las Vegas Strip, which generates more than 50% of Nevada’s gaming revenues, soared above 15% year-on-year to $577 million for the month of January, 2015.





    Consumer spending accounts for two-thirds of US economic activity.