Saturday, June 10, 2006
There Are a Lot of Losers Out There
Feeling sorry for Nevada casinos. Don't. State regulators reported that the gambling houses raked in $990 million in winnings from gamblers in April, a 12.7% increase over the previous year and the highest amount ever for the month. The double-digit increase was unexpected because of the Easter holiday and a lack of special events. For the fiscal year that began July 1, statewide casino winnings total $10.1 billion, an increase of 12.5% over the same time last year. Resorts on the Strip, pictured above, accounted for more than half of the statewide win total in April. Casinos on Lake Tahoe's south shore reported the biggest increase in percentage, nearly 22%.
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