Nevada Gambling Revenue Drops to $887.6M in October

LAS VEGAS (AP) — Nevada officials say the state's casinos earned less in October than they did a year ago dropping nearly 2.9 percent to $887.6 million for the month.

The Nevada Gaming Control Board released statistics Monday that show revenue from gambling dropped more than 5 percent on the Las Vegas Strip to $493.6 million. The lucrative but volatile card game baccarat continues to drag down statewide figures dropping nearly 22 percent to $79.1 million during the month.

Casinos in Washoe County which includes Reno as well as Elko County and the Carson Valley area were the exception seeing gambling revenues pick up in October. Washoe County revenue rose 6 percent to nearly $68 million. Nevada officials say state taxes collected on gambling revenue dropped 22 percent to $52.3 million.