Gaming Control

CARSON CITY – Lucky baccarat players on the Las Vegas Strip were a major contributor to a 4.7 percent decline in Nevada statewide gaming revenues in May, the Gaming Control Board reported today.

CARSON CITY – Lucky baccarat players on the Las Vegas Strip were a major contributor to a 4.7 percent decline in Nevada statewide gaming revenues in May, the Gaming Control Board reported today.

CARSON CITY – Lucky baccarat players on the Las Vegas Strip were a major contributor to a 4.7 percent decline in Nevada statewide gaming revenues in May, the Gaming Control Board reported today.

CARSON CITY – Lucky baccarat players on the Las Vegas Strip were a major contributor to a 4.7 percent decline in Nevada statewide gaming revenues in May, the Gaming Control Board reported today.

CARSON CITY – Lucky baccarat players on the Las Vegas Strip were a major contributor to a 4.7 percent decline in Nevada statewide gaming revenues in May, the Gaming Control Board reported today.

CARSON CITY – Statewide April gaming revenues declined 5.7 percent compared to the same month in 2009, the Nevada Gaming Control Board reported today.
Gaming win by Nevada casinos totaled $810 million in April compared to $859 million won in April 2009.
For the first 10 months of the fiscal year that began July 1, gaming revenues total $8.7 billion, 4 percent below the $9.1 billion reported for fiscal year 2009.

Obtaining leases from three state agencies has been cited by the people pushing the Nugget Project as a critical piece to its success.

But, there's been more than a little skepticism that the State of Nevada, staring down the barrel of a $3 billion deficit in its next budget, has any appetite for spending money it doesn't have to.

While the Carson City Board of Supervisors are on track to ante up $75,000 this week to move the Nugget Project to the next phase, I'm finding that the more I dig into the details, the more the numbers don't seem to add up.

Specifically, I'm looking into part of the project that calls for getting three state agencies to lease space in this proposed 177,000 square foot development in downtown Carson City. I use the word "proposed" in a very loose sense here, since it's likely to change once P3 Development begins the real process of feasibility planning for this project. In fact, as I am writing this, there's a new story out from Northern Nevada Business Weekly quoting the developer that the office portion would be 175,000 square feet, with an additional 50,000 square feet of retail space, to go along with the 60,000 square feet for the library/business incubator/digital media lab portion of the project.

At the Carson Nugget Redevelopment Advisory Committee meeting last night, it was revealed that the developers are negotiating with the Gaming Control Board, Public Utilities Commission and the Department of Health and Human Services about relocating to the planned downtown development.

But the landlord of one of these agencies said it would be highly unlikely that any of them will move anytime soon.

Executives from P3 Development were introduced to the members of the Carson Nugget Redevelopment Advisory Committee tonight, saying they were looking forward to working as partners with Carson City and the Nugget.

For a play-by-play of the meeting, check out the live blog here.

Nevada gaming wins fell again during the month of February.  The State Gaming Control Board reported that gaming wins among the larger casinos statewide fell 3.22%.  Around the state, gaming wins were off 3% along the Las Vegas Strip (-3.3% year to date).  Gaming wins were off 8.7% in Washoe County (-12.75% YTD) during the month of February.  Around the Carson City area, gaming wins fell a whopping 21% in February (-9% YTD) compared to February of 2009.  And around South Lake Tahoe, gaming wins fell in February -9.8% (-22.3% YTD).

CARSON CITY – As the Nevada Legislature plodded through the first day of a special session called to erase a nearly $900 million

Editorial by Dave Morgan

An article in the Nevada Appeal this morning attempts to get new information from the Nugget Project’s “go to guy,” Steve Neighbors. Neighbors, who is now the owner of the Nugget, is quoted as saying that the project still lacks a developer to shoulder the “private industry” half of the project. That’s about all that’s new from Neighbors, that they STILL don’t have a private partner.

CARSON CITY – As Gov.

By Sean Whaley | Nevada News Bureau

CARSON CITY – Nevada’s gaming win in calendar year 2009 tumbled to its worst performance since records began 55 years ago, declining 10.4 percent over 2008, the state

The Nevada Gaming Control Board reports that gaming wins statewide were down during the month of December 3.2%, with all reporting areas showing declines except for the Las Vegas Strip and the Carson

The economic recession continues to pull down gaming wins throughout Nevada, and therefore less revenues to the state for vital public services like health care, emergency services, schools and univer

The State Gaming Control Board reports that gaming wins in the month of September fell 9% below what they were in September of last year, when the economy was trending downward already.

Nevada casino win down almost 9 percent in Sept.Staff Writer

Man charged in gambling chip fraud Staff Writer