Nevada Gambling Revenue Falls 14% in February - KTVN Channel 2 - Reno Tahoe News Weather, Video -

Nevada Gambling Revenue Falls 14% in February

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State officials say Nevada gambling revenues tumbled 14% in February and took an even bigger dive on the Las Vegas Strip.

The Nevada Gaming Control Board reported Friday that the state's casinos won $926 million in February, down from more than $1 billion in February 2013.

Las Vegas Strip gambling revenues fell more than 20% last month to $556 million. The story was happier in downtown Las Vegas, where casino revenue rose 3% to $43 million in February.

Reno casino revenue grew less than 1% to $44 million, while South Lake Tahoe casino winnings dropped almost 10% to $15 million.

Nevada collected almost $59 million in taxes on the February gambling revenue, which is down about 5% from the same time a year ago.

(Copyright 2014 The Associated Press. All rights reserved.)

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