Nevada gaming revenue growth turns negative in March

• Gaming revenue in Nevada fell 3.04% to $951M in March. The mark was a disappointment after revenue rose briskly in February (aided by leap day).
• Las Vegas Strip revenue was 3.95% lower at $487M. Reno was one of the only regions with a year-over-year gain in gaming win.
• The state generated a modest 1% gain in revenue to $8.4B for the fiscal year ending on March 31.
• Gaming Control Board report
• Related stocks: LVS, MGM, WYNN, FLL, CZR, BYD
• Related ETF: BJK