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Nevada unclaimed wins could even casinos production in one QT

Published date: 2016-12-30
Nevada unclaimed wins could even casinos production in one QT

Unclaimed wins Nevada. In 2011 the state of Nevada passed a law where is established that gaming control board has the authority to redirect the winnings six months after being unclaimed: the facilities get 25% of the money while the state gets the 75% remaining.

In this order officials of Nevada state confirmed the have collected more than $35 million in all the unclaimed winnings from slot and video machine tickets, according to Las Vegas Sun, just in fiscal year 2016 more than US$12 million worth of tickets were unacknowledged in Nevada. Almost US$9 million of that money was sent to the state and the rest was received by casinos.

“If we find a voucher, we will try to reconnect with its rightful owner, typically if it’s at least $10 or more. Sometimes people leave them in the machine, and we find them and we do try to send it to them.” Words of the Director of public affairs at MGM Resorts, Mary Hynes.

The casino revenue growth led to the state collection of US$59.5 million in taxes, which represents almost 14 percent of increment from the same period in 2015.

The Gaming Control Board report revealed the total revenue collection of nearly US$990 million in October. Last year, the sector had announced a result of US$887 million during the same month.

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