February 12, 2011 - 2:07 am
Nevada’s gaming tax collections are up 1.25 percent for the first seven months of the fiscal year despite two straight declining collection periods.
Through January, the state has collected almost $350 million in gaming taxes.
The Gaming Control Board said Thursday it collected almost $30 million in gaming taxes in January, based on December’s gaming revenues. The figure was a decline of 10.4 percent from a year ago.
The double-digit-percentage decline followed a 12.7 percent drop based on November’s gaming revenues.
However, the state gaming tax collections increased 24 percent, 4 percent and 22 percent in the preceding three months.