Overall Nevada Casino Revenue Down Almost 2% in June.

A recent report came out this week that showed casino revenue in the state of Nevada was down 1.9% in June as compared to the same time last year. The slumping economy is the most likely culprit for the slight dip, however, it is important to note that revenues still hit $12.5 billion win for the Nevada casino community.

The mecca of the gambling world has always proven to be quite resilient, even through massive downturns in the economy. Casino owners are still raking in hundreds of millions of dollars, and until people begin to stop frequenting Vegas I really don’t see a reason why this trend will ever go in reverse. Combined with top notch gaming, properties, and other amenities and attractions, Las Vegas has always catered to both the recreational tourist and of course the average gambler.

Despite our possible dive into a recession for the first time in a few years, the U.S. gaming industry is still showing no signs of letting up. It will be interesting to see what kind of boost the casinos might get if the UIGEA possibly gets reversed and big-time gaming conglomerates get their own piece of the online gambling pie.

Time will tell…