Reno Casinos Bounce Back
11 August 2006
RENO, Nevada – As reported by the Reno Gazette-Journal: "Reno casinos' revenue rose in the last fiscal year for the first time in six years, the Gaming Control Board said Thursday, giving solid evidence of a rebound experts have suggested is in the works.
"The state works on a July-June fiscal year to plan its budget, and when casinos reported the revenue won from gamblers in June, Reno's take was up 5.9 percent to $774.79 million in fiscal 2006. And June itself was a better month than June 2005 for casinos across Washoe County, around Lake Tahoe and in Carson City, Minden and Gardnerville.
"…Last June brought the first fiscal year gain for Washoe County since 2000, pushed by gains in Sparks, but Reno still was lagging, according to the board.
"Thursday's report shows the rebound in Northern Nevada gaming penetrated to Reno.
"…Besides rebounding tourism despite tribal competition, increased locals play and the finishing off of the downtown train trench, casino officials said the bounce back comes from increased marketing and casino improvements…" |
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