{"id":898827,"date":"2025-11-27T09:36:23","date_gmt":"2025-11-27T17:36:23","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/shop\/?p=898827"},"modified":"2025-11-27T09:36:28","modified_gmt":"2025-11-27T17:36:28","slug":"strip-gets-rescued","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/blog\/strip-gets-rescued\/","title":{"rendered":"Strip Gets Rescued"},"content":{"rendered":"\n

Happy Thanksgiving, dear readers<\/strong>. We, of course, are primarily thankful for you. And Big Gaming is thankful too … not for us but for baccarat, which saved its bacon last month on the Las Vegas Strip<\/strong>. Visitation sank 4.5% but Strip casino revenue jumped 8%, driven in large part by a 69% catapult in baccarat winnings. (Things might have been worse still had convention attendance not spiked 8%, even though room rates still sagged 6%.) The house cleaned up at high-roller-friendly baccarat and at the tables in general (vaulting 25%) but not at the slots, which slipped 2% despite 3% higher coin-in. Table wagering was up 5% and baccarat players bet 9% bigger. Bottom line, fewer people may be coming to Sin City but the ones who do are betting more\u2014and losing it, too.<\/p>\n\n\n\n\n\n\n\n

Strip casinos grossed $749 million while Downtown<\/strong> ones were flat at $86.5 million. North Las Vegas<\/strong> hopped 8% to $24 million, a sub-market that has definitely rightsized after some major casino contraction. Boulder Strip<\/strong> casinos, however, fell 9% to $78.5 million, while the rest of Clark County<\/strong> was up 4% to $171 million. Laughlin<\/strong> slipped 5% to $42 million and Mesquite<\/strong> climbed 5.5% to $17 million. The most telltale of the border towns, Wendover<\/strong>, hopped 4% to $22.5 million. Reno<\/strong> was flat at $68.5 million, Sparks<\/strong> sparkled 16.5% to $17 million and Lake Tahoe<\/strong> dipped 2% to $20.5 million. Statewide, the haul was 5% higher.<\/p>\n\n\n

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Unlike other major Midwestern markets,<\/strong> casino revenues in Indiana<\/strong> in October were becalmed, down a point overall. Not even an extra weekend day helped. The entire northern tier suffered most, even Hard Rock Northern Indiana<\/strong>, down 7.5% to a still-awesome $36 million. Horseshoe Hammond<\/strong> slipped 5% to $19.5 million and Ameristar East Chicago<\/strong> slid 15.5% to $12 million. Only Blue Chip<\/strong> was relatively unruffled, down a point to $10 million. Racinos in the Indianapolis<\/strong> market are looking fretfully at Full House Resorts<\/strong> and any fallback plans it might have on the capital city, especially if Fort Wayne <\/strong>holds out. In the meantime, Horseshoe Indianapolis<\/strong> was up 6% to $25 million and Harrah’s Hoosier Park<\/strong> leapt 13% to $18.5 million. You can see their point of view regarding new competition.<\/p>\n\n\n\n

A year in, Terre Haute Casino<\/strong> outdid itself, vaulting 15.5% to $11.5 million. Caesars Southern Indiana<\/strong> slipped 3% but remained a player favorite with $20 million. Belterra Resort<\/strong> was up 6.5% to $6.5 million and Bally’s Evansville<\/strong> dipped 5% to $13.5 million. French Lick Resort<\/strong> rose 4% to $6.5 million while Hollywood Lawrenceburg<\/strong> was flat at $12 million and little Rising Star <\/strong>jumped 6% to $3.5 million. Sports betting swung heavily in the books’ favor, grossing $44 million on $612 million of handle. <\/p>\n\n\n

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Halfway across the country,<\/strong> casinos in Massachusetts <\/strong>were up 3%. Encore Boston Harbor<\/strong> led the mini-pack with $57.5 million (flat). Seemingly on the comeback trail, MGM Springfield<\/strong> rose 9% to $24 million, while Plainridge Park<\/strong> hopped 6.5% to $15 million. In sports betting, operators held weakly (8%) on handle of $892 million, realizing revenue of $73.5 million. DraftKings<\/strong> easily did best with $39.5 million, trailed by FanDuel<\/strong> ($18 million) and much more distantly by BetMGM<\/strong> ($3.5 million), ESPN Bet<\/strong> ($2 million) and Caesars Sportsbook<\/strong> ($1.5 million).<\/p>\n\n\n\n

And now, with your permission, we shall consume some Thanksgiving ham …<\/p>\n","protected":false},"excerpt":{"rendered":"

Happy Thanksgiving, dear readers. We, of course, are primarily thankful for you. And Big Gaming is thankful too … not for us but for baccarat, which saved its bacon last month on the Las Vegas Strip. Visitation sank 4.5% but Strip casino revenue jumped 8%, driven in large part by a 69% catapult in baccarat […]<\/p>\n","protected":false},"author":83928,"featured_media":843746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1728],"tags":[],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.lasvegasadvisor.com\/shop\/wp-content\/uploads\/2023\/10\/Bellagio.jpg?fit=1283%2C971&ssl=1","_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts\/898827"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/users\/83928"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/comments?post=898827"}],"version-history":[{"count":2,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts\/898827\/revisions"}],"predecessor-version":[{"id":898829,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts\/898827\/revisions\/898829"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/media\/843746"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/media?parent=898827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/categories?post=898827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/tags?post=898827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}