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The Nevada Gaming Commission

Discussion in 'Casino Gaming' started by DonD, Jul 1, 2013.

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  1. DonD

    DonD Super Moderator

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  2. shifter

    shifter Degenerate Gambler

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    what are the surprises?
     
  3. Ronoh

    Ronoh Tourist

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    Links to the interesting and surprising parts may be helpful... this is kinda like posting to the ESPN home page and saying "some crazy stuff has happened in sports over the past few years" :evillaugh
     
  4. Kickin

    Kickin Flea

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    For Clark County casinos:

    Casino expense for Comps: 21.7%
    Room revenue from complimentary rooms: 19.9%

    Just goes to show how this board doesn't represent a good cross-section of the average Vegas visitor. The majority of posters here probably get comped rooms, yet since each dept bills the casino for comps that really only represents 1/5th of room sales.

    http://gaming.nv.gov/modules/showdocument.aspx?documentid=7549
     
  5. Joe

    Joe VIP Whale

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    C'mon Don, it's 240 pages long!:poke:
     
    Christmas
    My wife's birthday
  6. NickyDim

    NickyDim VIP Whale

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    Wow, in 2012 Nevada taxed the gaming industry 864.6 million (on over 10B total gambling revenue). That's just on gaming. How much more for all revenue like restaurants, entertainment and hotel services, etc. You have to think their total tax revenue from tourism tops 1B. There are only 2.7 million residents in the entire state.
     
  7. smartone

    smartone VIP Whale

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    Nevada's tax structure is indeed based on taxing the "other" guy (tourism), but the percentage taxed on gaming is far less that other states. To be fair, this "one trick pony" is no fun during recessions, especially the huge one we've just endured, because the tax-base is so narrow.
     
  8. Fafa2e

    Fafa2e Low-Roller

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    Florida is the same way. Tax the Tourists. It's true taxation without representation.
     
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  9. NickyDim

    NickyDim VIP Whale

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    With 40 million tourists this year, it should be a bumper year for tax revenue.
     
  10. Viva Las Vegas

    Viva Las Vegas Ramblin' Gamblin' Man

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    I've summarized items which may be of interest in this thread, including:

    1. It's a Family Affair or the 80/20 rule.
    2. We can sell room and board.
    3. Yes, you really are getting poorer service in Vegas.
    4. Are you an above average Vegas visitor?
    5. Total Gambling Revenue - FYE 2012

    The 2013 Abstract should be available later this summer, and I'll post a summary of any interesting changes over the past year.

    [YOUTUBE]CNQpYz1ztx8[/YOUTUBE]
     
  11. MikeOPensacola

    MikeOPensacola VIP Whale

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    Cool link, thanks. Should be some good info in there.:peace::beer:
     
    Annual Summer Bliss in the Land of Milk and Honey!!!
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