Advertisement

Posts Tagged ‘gaming revenue’

Las Vegas, Atlantic City Gambling Revenues Show Continued Downward Trend

Tuesday, January 13th, 2009
You'll have to wait awhile to book a stay in the new Octavius Tower as Caesars stalls the project.

Caesars Palace will wait to add 660 more rooms as Harrah's puts hold on new tower.

When it comes to gambling revenues these days, if there is any bright spot to be found for Las Vegas casino managers it could be — “Well, at least we’re not Atlantic City.”

The numbers coming in from the two biggest gaming Meccas in the country aren’t pretty and certainly serve to justify all the recent changes and holds* we’ve seen on several casino construction projects.

Gambling revenues for the state of Nevada fell 14.8 percent in November compared with a year ago according to figures released last week by the state’s Gaming Control Board.  Within the state, LV Strip properties recorded a 16.02% drop while North Lake Tahoe casinos fell a whopping 26.94%. (more…)

4 Comments »

Busted — Nevada Posts Big Drop in October Gambling Revenue

Thursday, December 11th, 2008

You knew the October numbers weren’t going to be pretty but I’m not sure anyone guessed that Nevada gaming revenue would be down – are you ready? – 22.3% as compared to a year ago.  That is the single largest monthly drop in reported “win” in state history and the 10th straight month that gaming revenues have declined.

Here’s how the numbers released today by the Nevada Gaming Commission played out in the Silver State:

Nevada as a whole brought in $905 million for a 22.3% drop.

The Las Vegas Strip was hit hard with its $475 million take which represents a 25.8% drop compared to a record “win” in excess of $637 million in October of last year. (more…)

Comments Off on Busted — Nevada Posts Big Drop in October Gambling Revenue





By TwitterButtons.com BestofVegas. Best Shows. Best Hotels. Best Prices. Restaurant.com Weekly Promo Offer 125 X 125 Expedia.com


Gambling Hot Spots


BestofVegas! Best Shows. Best Hotels. Best Prices.

Subscribe to Our Feed Save at the Chic, New Cosmopolitan Hotel

Free Email Newsletter! Get all the latest deals and discounts for Las Vegas hotels, restaurants, shows and more. PLUS, we'll send you tips on what to do NOW in Las Vegas!

We will never spam you, and you can unsubscribe at any time.




  • Recent Comments

  • Kristel Brackbill: Hello there! It looks as though we both have a passion for the same thing. Your blog, “Play...
  • Las Vegas Hotels Rock: The Mirage Hotel & Casino has some of the best hotel deals on the Las Vegas Strip. We got...