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Nevada's biggest casinos lose $1.35B in 2013

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  • Nevada's biggest casinos lose $1.35B in 2013

    On the Las Vegas Strip, Nevada's gambling mecca of posh resorts, the losses narrowed, and for the first time since 2007, the growth of gambling revenue outpaced the growth from other aspects such as hotel rooms, food, beverages and entertainment.

    The Strip's gambling revenue of $5.7 billion was up 3.5 percent from 2012, while the Strip's total revenue of $15.5 billion rose 1.7 percent. It's the 15th straight year in which Strip gambling revenue made up less than half of all revenue, a trend indicative of a tourism market where visitors come for other recreational activities besides gambling.

    Nevada's biggest casinos lose $1.35B in 2013
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