- Associated Press - Wednesday, March 28, 2018

LAS VEGAS (AP) - Nevada casinos continued a winning streak in February, topping the $1 billion mark in gambling revenues for the second month in a row.

The state Gaming Control Board reported Wednesday that the $1.02 billion that casinos statewide earned from gamblers amounted to a 7.7 percent increase compared with the same month in 2017.

For the fiscal year beginning last July, the so-called “gaming win” has increased 2.3 percent.

The state reaped almost $44.2 million in percentage fees based on the taxable revenues generated in February.

That was a 15 percent decrease from the same period in 2017, when the state collected almost $52 million.

Casinos on the Las Vegas Strip logged winnings of more than $603 million for the month, up more than 11 percent from a year earlier.

That was just under 60 percent of the statewide total.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide