The number crunchers and trend trackers in America might be predicting a rise out of the recession for many US industries but it seems the US casino industry isnÂ't one of them. Figures from August show that gambling profits in Nevada dropped a further 9% making that the twentieth consecutive revenue drop in as many months.

$847 million was the overall win for the casinos this August compared to $934 million this time last year. Although the overall profit margins for these US casinos were down on last year analysts have shown that there has been almost a 50% increase in baccarat play and revenue. It isnÂ't all doom and gloom though as many of the major US casinos, such as the MGM Mirage and Las Vegas Sands, have seen their stock prices climb to 4/5 times their worth compared to 6 months ago.

With many of the major casino brands teetering on the edge of bankruptcy the upswing in their fortunes has meant that despite a drop in profits the gambling industry looks to be through the worst.

Indeed, with much of the US economy beginning to show signs of prosperity it shouldnÂ't be long before the number of willing punters heading for Vegas increases, ultimately restoring US casino industry to the powerhouse it once was.