It’s been widely reported how badly the state of Nevada has been hit by the recession. It’s also well known that the state leads the rest of the country in home foreclosure percentage rates to the tune of one in every 137 households.
And now it seems to be the gaming industries turn for some bad economic news. Apparently the blackjack tables are now being affected by the economic downturn as revenues are down 18.1%, according to the Nevada state gaming control board. That figure is from across the state but in Las Vegas it’s even worse, as its being reported that revenues are down more than 23 percent for just this year alone.
One piece of good news on the Real Estate front is that in the last month home sales volume in Nevada is up. Hopefully this is a trend which will continue in a positive direction.




