Skip to main content
  1. News
  2. Top News

Nevada casinos loss registered for fifth fiscal year in a row

See also

Nevada casinos are apparently not thriving any longer. At least not according to the Las Vegas Review-Journal via the Nevada Gaming Commission on Jan 10.

This source reveals that for the fifth straight fiscal year in a row the Silver State's former cash cows are not producing winning numbers in the form of earnings.

Gambling figures released by the Gaming Control Board in their annual Gaming Abstract report says that Nevada casinos "generated a net loss of $1.384 billion" in the fiscal year for 2013. This compares to the numbers from 2012 which say that casinos in this gambling mecca lost $1.212 billion.

To say that's a huge amount of money is an understatement. On a happier side, the Las Vega Strip's overall revenues were up 1.7 percent from the previous year even though this Nevada hot spot's net loss was down 13 percent from 2012 at 1.7 billion.

By way of background, the Silver State's gaming palaces have not been in the black since 2008's fiscal year when the numbers added up to $721.1 million. Then 2009 came along and boom, the loss was create at nearly $6.8 billion.

Nevada operates 263 casinos with the 150 Clark County casinos grossing a million dollars or more in gaming and a combined net loss during fiscal year 2013 of $1.337 million. Washoe County has 32 casinos and earned less than three quarter of a million dollars among them with $1.387 in total revenues for the same year.

And so, as Nevada casinos experience loss as registered for the fifth fiscal year in a row, gamblers and the places that afford this opportunity will need to be more aggressive in the fiscal year of 2014 for better results. Good luck.



  • Mt. Everest avalanche
    Disaster strikes Mt. Everest as at least 12 people were killed in an avalanche
    Watch Video
  • Most Earthlike planet discovered
    The Kepler telescope has discovered the most Earthlike, possibly habitable planet yet
    Space News
  • Easter crosses create debate
    Easter crosses spark a debate of separation of church and state in Ohio
  • Chelsea Clinton is preggers
    Former first daughter Chelsea Clinton is pregnant with her first child
  • Stanley Cup playoffs
    The battle for Lord Stanley's Cup is on, don't miss a minute of playoff action
  • Ukraine discussed amongst U.S., E.U., Russia
    The U.S., E.U. and Russia agree on ways to diffuse the tension in Ukraine
    Watch Video

User login

Log in
Sign in with your email and password. Or reset your password.
Write for us
Interested in becoming an Examiner and sharing your experience and passion? We're always looking for quality writers. Find out more about and apply today!