Gambling Revenue of Nevada Raised By Almost 800 Million Dollars

14 January 2012
This Wednesday, Gaming Control Board of Nevada has declared that revenues of online gambling of Nevada, in the month of November had increased by 7.06% to approximately $800 million as compared to revenues of same period in the last month. The winnings in gambling games of Nevada has also increased by 1% (approx.) for the fiscal year starting from 1st of July to 30th of November in the year 2011. On the other hand, strip of Las Vegas, has shown increment of 9% to approximately $495 million in revenues of online gambling. In addition to this, for the same fiscal year strip of Las Vegas had shown massive 1.5% increase in their gaming wins to $2, 000,000,000 (approx.)

On basis of taxable revenues generated in November 2011, Nevada collected almost $57,340,756% fees in December of the same year. This clearly indicates a rise of 15.17% when compared to the one generated in prior year’s December. That time the fees collected was $49,788,206.

 

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