Concentration on the Las Vegas Strip: An Exploration of the Impacts

Looking at two snapshots, albeit from a distance, gives an overview of how concentrated the gaming industry in Nevada has become: In 1998, 23 publicly held corporations owned 65 casinos that grossed more than $12 million that year from gaming. These casinos grossed 75.48% of the state’s total gaming revenue that fiscal year. In 2012, 22 publicly held corporations owned 70 casinos that grossed more than $12 million that year from gambling, pulling in 78.0% of that state’s total gaming revenue that fiscal year