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Nevada Gambling Revenue Slumps Almost 11% In March

The Nevada Gaming Control Board said Thursday that gambling revenue in the state fell almost 11% in March, to $854.6 million. The drop was led by the Las Vegas Strip, which accounts for more than half the total and experienced a 14.9% decline to $448.7 million for the month. However, fiscal year-to-date revenue is still up 2.2% statewide and 3% on the Strip. Shares of major Strip operators were mixed with MGM Resorts International (MGM) and Las Vegas Sands Corp. (LVS) both up less than 1% while Wynn Resorts Ltd. (WYNN) was down 1%. --William Spain, 415-439-6400; AskNewswires@dowjones.com

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