Basketball helps Nevada gaming revenues hit close to $1bn

The Nevada Gaming Control Board (NGCB) reported Wednesday that casinos across the state brought in more than $991m last month, a 7.5% increase compared to a year ago. Michael Lawton, Senior Research Analyst for the Tax and License Division of the NGCB, said one of the key factors that led to a lucrative March was the appetite for ‘March Madness’ college basketball betting. “We almost did a billion dollars,” Lawton said. “We were just...