Nevada gaming won US$ 11.1 billion in 2015

Nevada casinos won US$ 11.1 billion from pro and amateur gamblers previous year, which is an increase of 0.9%compared to the last year, as per new figures unveiled on Friday by the gaming regulators. Las Vegas Strip gaming win accounted for US$ 6.35 billion of that figure, down 0.4% compared to the year 2014. The figure showing that gaming win was primarily flat is not a surprise.
In the last FY, top grossing casinos of Nevada had revenue of around US$ 24.6 billion, the most since the US$ 25 billion seen in the year 2008. Gaming revenue across the state during fiscal year 2015 was US$10.6 billion, or 43.2% of total revenue.
As per to research conducted by University of Nevada Las Vegas, this is a historic low. Thirty years ago, gaming win represented round 62% of total casino revenue in the FY.  On the Las Vegas Strip, gaming victory was only 34.9% of the total revenue of US$ 16.74 billion, also an all-time low. This means that other revenue sources, such as food, hotel rooms, beverages, retail and entertainment are at historic highs in Silver State.


Meanwhile, on 24th Jan, burglars stole around US$ 75000 worth of Magic cards from Texas’ Pat’s Games, reported Katie Urbaszewski. Magic cards are purchased and sold on a regular basis among private parties, at auctions, and also over the internet.