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Downtown Las Vegas currently has 16 nonrestricted gaming locations that earn more than $1 million per year in gaming revenue. Since fiscal year 1990 when the Mirage opened on the Las Vegas Strip gaming revenue downtown has been flat. Non-gaming revenue has increased, but income also remains relatively flat.
Presumably some of the casinos in this category have since been imploded in favor of newer resorts. At that time the average gaming revenue was $129.2 million per year and non-gaming revenue was $97.8 million (for an average of $227 million total revenue). Non-Gaming revenue has since surpassed gaming revenue for the Las Vegas Strip.
The table shows Gaming Licenses that earned over $72 million per year for Las Vegas Strip and for State of Nevada. Also, the number of licenses which earned gaming revenue of over $1 million per year for the entire state are shown. Properties connected by hallways are permitted to operate under one license at the discretion of the owner.
The Nevada Gaming Control Board's Enforcement Division is the law enforcement arm of the Nevada Gaming Commission. It was founded in 1955 by the Nevada Legislature. The board is composed of three members appointed by the governor. Board members serve four-year terms in a full-time capacity. [1]
There are Indian casinos, which are allowed to have Las Vegas-style table games (except roulette) and slot machines; card clubs; charitable gambling (church bingo); the state lottery; and pari ...
In February 1976, the Clark County Commission approved the 23-story Xanadu resort, to be built on the Las Vegas Strip at the corner of South Las Vegas Boulevard and Tropicana Avenue. The resort would include approximately 1,700 hotel rooms and a casino, as well as convention facilities, a showroom, dining, and indoor tennis courts.
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