The 2011 Nevada Gaming Revenue numbers have been released by the Nevada State Gaming Control Board and they indicate some much needed good news.

Here are the highlights:

• Statewide Gaming revenue is up 2% for December 2011 as compared to December 2010 and annual gaming revenue increased by 2.8% over December 2010.  These numbers reflect a statewide slot win of 5.2% in December 2011, an increase of 1.4% over prior December.  For the year slot win was up 1.5%.  Table games increased 2.95% for December and 5.5% for the year.

• The Las Vegas Strip total gaming win was up 3.6% in December and 5.1% year over year.  This is significant since it is the second annual increase.

• Even Downtown Las Vegas had a small victory.  Although December total gaming revenue fell by nearly 11% with slot win down an unfortunate 13.7% for December, the year end figures reflect a modest increase of .67% for the year.

Coupled with the recently released LVCVA Tourism Indicators reflecting a  4.3% increase in visitor volume for the year, an 8.8% increase in convention attendance and the 10.7% increase in the average daily room rate, these figures and the 2011 Nevada Gaming Revenue figures are quite positive and hopefully indicative of a slowly recovering economy.
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