UNITED STATES NEWS

Nevada’s largest casinos lose $4 billion 2011

Jan 6, 2012, 7:47 PM

CARSON CITY, Nev. (AP) – Nevada’s largest casinos suffered a combined $4 billion loss in 2011.

A report released Friday by the state Gaming Control Board shows 256 casinos grossed $1 million or more in gambling revenue for the fiscal year that ended June 30.

Combined, they had total revenue of $22 billion and posted a net loss of $3.9 billion from the previous year.

In 2010, the largest casinos had a net loss of $3.4 billion on total revenues of almost $20.9 billion.

Total revenue includes money spent by patrons on gambling, rooms, food, beverages and attractions.

The report says revenue from gamblers accounted for nearly $10.2 billion, or 46 percent, of total revenue.

Casinos paid $792 million in taxes and fees, equating to 7.8 percent of gambling revenue.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

United States News

Associated Press

US Coast Guard helicopter that crashed during rescue mission in Alaska is recovered

JUNEAU, Alaska (AP) — A helicopter that crashed in southeast Alaska during a rescue mission last month has been recovered, the U.S. Coast Guard said Saturday. The downed Coast Guard helicopter was recovered Friday and an investigation was ongoing. The MH-60 Jayhawk crashed on Read Island, about 80 miles (130 kilometers) east of Sitka, on […]

1 hour ago

Associated Press

Consumer product agency issues warning on small magnetic balls linked to deaths

The U.S. Consumer Product Safety Commission is warning about the danger of high-powered, pea-sized magnets found in toys, announcing one company’s recall of a set containing them and saying it was aware of seven deaths linked to their ingestion. The federal agency estimated that ingestion of the magnets led to 2,400 hospital emergency room visits […]

2 hours ago

Associated Press

Dozens of animals taken from Virginia roadside zoo as part of investigation

NATURAL BRIDGE, Va. (AP) — Over 100 animals –- both living and dead -– have been taken from a roadside zoo in western Virginia, according to court documents, as part of what state authorities are calling a criminal investigation. One search warrant executed Wednesday at the Natural Bridge Zoo in Rockbridge County shows that 89 […]

3 hours ago

Associated Press

Some Seattle cancer center patients are receiving threatening emails after last month’s data breach

SEATTLE (AP) — Some patients of a Seattle-based cancer center received threatening emails following a data breach last month. Fred Hutchinson Cancer Center officials said a Nov. 19 hack hit a portion of the health care system’s clinical network, possibly leaking patient data. This week, some former and current patients received threatening emails claiming names, […]

3 hours ago

Associated Press

South Carolina jury convicts inmate in first trial involving deadly prison riots

BISHOPVILLE, S.C. (AP) — South Carolina jurors have found an inmate guilty of charges connected to the death of a fellow inmate during the deadliest U.S. prison riot of the past quarter-century. The Lee County jury deliberated less than an hour on Friday before finding Michael Juan “Flame” Smith guilty of assault and battery by […]

3 hours ago

Associated Press

Police fatally shoot man who officers say charged them with knives in West Texas

LUBBOCK, Texas (AP) — Officers investigating a domestic disturbance fatally shot a man who they said ran at them with knives in West Texas, police said Saturday. Manuel Guillen, 34, died at a hospital following the shooting in Lubbock Friday night, police spokesperson Amber Edwards said. Edwards said the officers were responding to a report […]

4 hours ago

Sponsored Articles

(KTAR News Graphic)...

KTAR launches online holiday auction benefitting Boys & Girls Clubs of the Valley

KTAR is teaming up with The Boys & Girls Clubs of the Valley for a holiday auction benefitting thousands of Valley kids.

Follow @KTAR923...

Valley residents should be mindful of plumbing ahead of holidays

With Halloween in the rear-view and more holidays coming up, Day & Night recommends that Valley residents prepare accordingly.

Follow @KTAR923...

The 2023 Diamondbacks are a good example to count on the underdog

The Arizona Diamondbacks made the World Series as a surprise. That they made the playoffs at all, got past the Milwaukee Brewers in the NL Wild Card round, swept the Los Angeles Dodgers in the NLDS and won two road games in Philadelphia to close out a full seven-game NLCS went against every expectation. Now, […]

Nevada’s largest casinos lose $4 billion 2011