Top-Performing Nevada Casinos Down $1.21 Billion In Fiscal Year 2012Silver State Gambling Properties Have Expenses Greater Than Income |
|
Nevada’s top casinos reported that they were down $1.21 billion collectively in fiscal year 2012, according to a financial report just released by the state Gaming Control Board.
“Departmental Income” of more than $9.06 billion minus “Total General and Administrative Expenses” of about $10.28 billion resulted in the loss.
Income included more than just gaming. It factors in room, food, beverage and so on.
Money won from gamblers was nearly $10.3 billion.
The report was only for the state’s casinos which take in more than $1 million in revenue annually. The number of brick-and-mortars in that category is 256.
Fiscal year 2012 ended June 30.
The $1.21-billion loss was down from nearly $4 billion is fiscal year 2011.
For comparison, fiscal year 2012 saw Nevada’s top casinos take in $22,976,587,493 in total revenue, while fiscal year 2011 was $22,012,064,316.
For a look at Nevada gaming financial reports dating back to 1990, click here.
Copyright © 2001-2024
CardPlayer.com. All rights reserved.
