Casino Gambling Revenue Falls, is this bad news?

The evening news made it sound dark and dismal, "Gaming revenue continues to fall in Nevada". In February the numbers fell 18% in Nevada and 23% on the Strip. Presumably they are falling from previous profits, which rarely, if ever gets mentioned. Let's say you made a million dollars one month and the profits fall 25%, then you ONLY made $750,000.

That's just one issue, the other is that some may question whether it's good or bad that gaming (gaming sounds so much more comfortable than GAMBLING) revenues fall. So, what this means is that the people are keeping more of their money instead of giving it to the casinos? Is that what this means? And this is a bad thing....because......? Certainly you have to look at the business aspect of all this, and the casinos are the biggest business in the state by far. But we don't produce widgets here. We produce fun, games, shows, dining and gambling. Most times the casinos win, rarely they lose. They are in the gambling business the same as the customer who walks in the door is in the gambling business. Difference is, the house has the edge, and everybody knows that. Sometimes that edge goes the way of the players more one month than the last.

The media like to tout that they are representative of the people. Average Jane and Joe. Well, okay then, next time there's a story about "gaming" revenue being down one month from the previous month, why not try this headline: "A great month for the little guys out there, gamblers win big (or at least didn't lose as much as they did last month". Probably doesn't have the same ring to it, but if the media touts itself as being populist (which it does), then why do the news stories talk gloom and doom when the big corporations make more money and the little guy loses?