Las Vegas Casinos Had Worst Month in 7 Years

This past June casinos on the Las Vegas Strip didn't win a lot of money, relatively speaking. In fact it was their worst month in terms of gross win since 2003 according to a Nevada Gaming Control Board report just released. The good news for gamblers: blackjack, craps, and baccarat players won significantly more than usual.

The only bright spot for the casinos was a big increase in sports betting, due to the huge amount of bets placed during the 2010 World Cup in South Africa. Still, the 37 Strip casinos won only $383 million in June, a very low overall figure. Downtown casinos also had a horrible month according to state officials.

So is Las Vegas dying, as many experts are predicting? Or was June just another bump in the road to a citywide (and possible statewide) economic recovery? Only time will tell...

Learn some mo': Las Vegas Strip casinos see lowest win since 2003