NEVADA ECONOMY: Growth in gaming win slows
Revenue mark set, but rate of increase slips
By HOWARD STUTZ
REVIEW-JOURNAL
Nevada casinos recorded another record haul from gamblers in 2007, but the growth percentage was the state's lowest increase in four years.
Nevada's gaming win was more than $12.8 billion during the year, a 1.8 percent increase from $12.6 million won in 2006. On the Strip, casinos won more than $6.8 billion, a 2.1 percent increase from $6.68 billion won in 2006.
Figures were released Tuesday by the Gaming Control Board.
Gaming analysts said a softening in the economy on both the national and local levels, a reduction in the number of hotel-casinos on the Strip, and a slowdown in the state's population growth all contributed to a percentage increase that was less than 2 percent for the first time since 2003.
"We get spoiled by nearly double-digit increases," Read More: Nevada Economy.....
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