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Nevada Gaming Revenue Down 14%

Stock quotes in this article: MGM , LVS , MPEL , BYD , PENN , WYNN , ASCA , PNK  

Updated from 1:23 PM EDT

Casino stocks were trading mixed on Friday after a report showing that Nevada gaming revenue declined 14% in April.

The state Gaming Control Board said Friday that the "gaming win" tally of $859,000 in April was down from $1 billion a year earlier. It follows a decline of 11.6% in year-to-year comparisons in March, and was the 16th straight monthly drop.

The report says the state collected about $52 million in taxes in May based on the April figure. That was down 5.9% from a year earlier. ...

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