In November 2008, due to recession, an approximately 15 percent slump had been noticed in the winnings by gamblers at Nevada Casino. State Gaming Control Board has announced this report on Friday. This is a whopping deficit of $982 million as compared to the winning of November 2007.

State has also stated that the taxes based on the casino wins are the main revenue source which totals up to $44.4 million in November 2008. This is 27 % lower as compared to the November 2007.

“It’s the economy, the big decline in the stock market and people tightening up on their spending,” said Control Board analyst Frank Streshley. “The state is having a difficult time with (tourist) visitation and the amount of money being spent by those who do come.”

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