A big touché to the uncredited wag at the Las Vegas Review-Journal who came up with today’s banner headline: CARR PARKED. Yes, the Las Vegas Raiders have had enough of underachieving QB Derek Carr and are benching him for long-shot games against the playoff-bound Kansas City Chiefs and San Francisco 49ers. As for the gambling sphere, you’d need a microscope to find relevant news, except for …
Nevada gaming grosses. They’re 7% down from last year, totaling $1.2 billion for the month of November. The Las Vegas Strip took it on the chin, diving 11% to $669.5 million. Players lost 5% more at the tables, on 8% stronger wagering. Slot win inched up 2% on 5% more coin-in and despite low hold. The wipeout came at baccarat, where players took the house to the tune of -23% on low hold and 9% less wagering.
Downtown was unaffected, flat at $83 million, while Laughlin slipped 5% to $41 million. Locals play was steady save on the Boulder Strip, which stumbled 9% to $85 million. North Las Vegas dipped 2% to $23 million and miscellaneous Clark County was flat at $145.5 million. Border towns Mesquite ($15 million) and Wendover ($21 million) were also even with 2021, so we can always count on Utah to save our bacon. Reno slid 7% to $56 million but snowbirds flocked to Lake Tahoe, which jumped 8% to $19.5 million. Sparks also continues to play a winning hand, up 8% to $14 million.