The Las vegas, nevada Strip enjoyed a revenue that is healthy in March. (Image: Wikipedia.org/Lasvegaslover)
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Signs that Las Vegas continues on the road to monetary recovery, as the Nevada Gaming Control Board announced that statewide income had increased 7.6 percent, to $982.2 million, through the month of March, and by 10.9 percent in the Strip, to $560.7 million.
The numbers reverse a two-month decline in gaming revenue to date in 2014, with table games, and baccarat in particular, yielding a turnover that is robust. Year-over-year, baccarat revenue increased by 39.9 percent in March, while craps revenue grew by 36 percent, and blackjack up by 6.1 percent.
Slot device turnover, meanwhile, was up 3.8 percent, showing an increase for the month that is third a row. Baccarat, a high roller game which analysts believe had been instrumental in maintaining the casinos afloat in the wake of the economic crisis, grew to $101.8 million in income, with the cards favoring the house 4 % significantly more than they did final 12 months. However, even without baccarat, statewide profits would still be up 4.8 percent over the board.
New Demographic
The figures reveal signs that customers are spending and gambling once again, although additionally they recommend a brand new Vegas that is affluent demographic emerging one which spends money on dining table gaming, nightlife, restaurants and destinations, rather than funn Continue reading