Nevada gaming win down 4 percent in February
Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $945,597,573 for the month of February 2017. This amounts to a 4.48% decrease compared to February 2016, when licensees reported a gaming win of $989,909,589. For the fiscal year (July 1, 2016 through February 28, 2017), gaming win has increased 2.71%.
Percentage Fee Collections for the Month of March 2017
The State collected $51,986,240 in percentage fees during the month of March 2017 (percentage fee collections are through March 27) based upon the taxable revenues generated in February 2017. This represents a 2.87% (or $1,449,263) increase compared to the prior year’s March, when percentage fee collections were $50,536,977.
Heather Ashbridge, who started with Nevada State Development Corporation in 2008, previously served in several roles with the organization, including assistant vice president and loan officer. She is based in NSDC’s Reno office.