TITLE

Nevada gaming win shrinks during September

AUTHOR(S)
Stutz, Howard
PUB. DATE
November 2008
SOURCE
Las Vegas Business Press (10712186);11/17/2008, Vol. 25 Issue 46, p15
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the decline in gaming revenue of Nevada casinos in September 2008. According to it, these establishments won $1.001 billion from gamblers during the period, which represents a 5.44 decline from September 2007. Frank Streshley, senior research analyst at the Nevada Gaming Control Board, says that baccarat play served as one of the factors that helped keep September from becoming a complete disaster.
ACCESSION #
35377812

 

Related Articles

  • State gaming revenue tumbles in April. Stutz, Howard // Las Vegas Business Press (10712186);6/15/2009, Vol. 26 Issue 24, pP13 

    The article reports on the decline in gaming revenue in Nevada in April 2009. Figures showed that revenues were $859.4 million during the month and that casino revenues dropped 14.6 percent in the first four months of the year. According to Gaming Control Board's Frank Streshley, they were...

  • State gaming revenue at 2004 levels. Stutz, Howard // Las Vegas Business Press (10712186);8/17/2009, Vol. 26 Issue 33, pP13 

    The article reports on the decline in Nevada's monthly gaming revenues for the month of June 2009. Casinos in the state posted a total revenue of 818.2 million U.S. dollars, falling by 13.8% compared with the 949.3 million U.S. dollars in June 2008. According to Frank Streshley, chief of the tax...

  • MGM Mirage announces major project in Atlantic City. Stutz, Howard // Las Vegas Business Press (10712186);10/22/2007, Vol. 24 Issue 43, p14 

    The article reports on the decline of gaming revenues in Nevada in August 2007. The Gaming Control Board states that casinos in the state reported a gaming win of $1.016 billion in 2007, a 4.4 percent decrease than $1.063 billion in 2006. According to Frank Streshley, senior research analyst for...

  • Gaming demand's down, do we need new marketing? Schwartz, David // Las Vegas Business Press (10712186);6/28/2010, Vol. 27 Issue 26, pP19 

    The author discusses the implication of the drop in the percentage hold of baccarat to the revenue of casinos in Nevada. He claims that if a high-volatility game such as baccarat that accounts for more than 30% of the total table game volume decreases, overall revenue stream becomes less...

  • Bounce in baccarat doesn't signal recovery. Schwartz, David // Las Vegas Business Press (10712186);10/18/2010, Vol. 27 Issue 42, pP29 

    The author argues that the more than 11 percent increase in the revenues of casinos in Nevada in August 2010 does not reflect real recovery. He claims that the increase in the gaming revenue is based on baccarat, and does not reflect the real money spent on gaming. He adds that casinos that do...

  • Breaking even does not equal economic revival. Schwarrtz, David G. // Las Vegas Business Press (10712186);2/21/2011, Vol. 28 Issue 8, pP32 

    The author comments on the questions raised the baccarat-based economic recovery of the gaming industry in Nevada. According to the author, Nevada's gaming industry posted a slight increase in total statewide revenues. He notes that breaking even is a step in the right direction for the state....

  • Baccarat revenue surpasses Blackjack in Las Vegas.  // Casino International;Mar2012, p10 

    The article focuses on rise of casino revenue in Las Vegas. The unlimited stakes at baccarat tables received high rollers from Asia with many games starting at 10,000 dollars per hand. The world's biggest gambling place Macau generated 33.5 billion dollars of revenue in 2011 compared to 10.4...

  • No mini roll. Watson, Paul // BRW;06/30/97, Vol. 19 Issue 24, p14 

    Reports that baccarat is the game of choice among Asian high rollers who visit Australian casinos. Percent of gaming revenue baccarat will account for in 1997; Amount of revenue game generated in 1996; Who compiled the statistics.

  • Looking beyond baccarat will serve Nevada best. Schwartz, David G. // Las Vegas Business Press (10712186);2/20/2012, Vol. 29 Issue 8, p25 

    The author discusses the need for the gaming industry in Nevada to look beyond the baccarat card game. He notes that despite the gains posted by the industry in 2010 and 2011, average gambling spend per visitor in Clark County has dropped. He stresses that the reliance of the state to the...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics