October 1, 2014
RENO, NV - Industry analysts say local gamblers are making up an increasing share of the business for casinos in the Reno-Sparks area.
Wells Gaming Research President Richard Wells says higher gas
prices and continued competition in California are among the
reasons for the change.
Wells says his firm estimated in a study in 2005 that 35 percent
of area gaming revenues came from locals' wallets.
But he says as a result of reductions in tourism traffic overall, the local share of the market is likely now between 40 percent and 50 percent.
Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.