Reno Casinos Bounce Back
As reported by the Reno Gazette-Journal: "Reno casinos' revenue rose in the
last fiscal year for the first time in six years, the Gaming Control Board
said Thursday, giving solid evidence of a rebound experts have suggested is
in the works. "The state works on a July-June fiscal year to plan its
budget, and when casinos reported the revenue won from gamblers in June,
Reno's take was up 5.9 percent to $774.79 million in fiscal 2006. And June
itself was a better month than June 2005 for casinos across Washoe County,
around Lake Tahoe and in Carson City, Minden and Gardnerville. ".Last June
brought the first fiscal year gain for Washoe County since 2000, pushed by
gains in Sparks, but Reno still was lagging, according to the board.
"Thursday's report shows the rebound in Northern Nevada gaming penetrated to
Reno. ".Besides rebounding tourism despite tribal competition, increased
locals play and the finishing off of the downtown train trench, casino
officials said the bounce back comes from increased marketing and casino
improvements."
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