Nevada Revenues Slide As Baccarat Bubble Deflates

Bad luck for the house, along with a slump in baccarat play, helped pull down March gambling revenues in Nevada by 11 percent, especially on the Las Vegas Strip, which accounts for more than half of the Silver State’s total take.

At the same time, New Jersey continued to face continuing competitive pressure as its aging casino scene took in 10 percent less in April.

The Nevada Gaming Control Board said Thursday that gambling revenue state-wide fell to $854.6m, down 10.9 percent compared to the same month of 2011. 

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