{"id":914411,"date":"2026-04-30T11:08:08","date_gmt":"2026-04-30T18:08:08","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/shop\/?p=914411"},"modified":"2026-04-30T11:08:14","modified_gmt":"2026-04-30T18:08:14","slug":"strip-erupts-in-march","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/blog\/strip-erupts-in-march\/","title":{"rendered":"Strip erupts in March"},"content":{"rendered":"\n

After over a year of being down, down and down some more<\/a>, the Las Vegas Strip<\/strong> snapped back to life in March. There was a stunning, 14.5% vault upward on the Strip, reaching $780 million. Nor was the good news confined to Las Vegas Boulevard South<\/strong>. Casinos in Downtown<\/strong> exploded 21%, achieving $103 million. And the Boulder Strip<\/strong> leapt 14.5% to $99 million. Not to be left out, miscellaneous Clark County<\/strong> was up 7% to $175 million. North Las Vegas<\/strong> did get left out, flat at $261.5 million and gamblers seem to have bypassed Vegas Lite Laughlin<\/strong> in favor of the real thing: It only gained a point, to $50.5 million.<\/p>\n\n\n\n\n\n\n\n

Nevada<\/strong>‘s two border lures for Utah<\/strong> performed very differently. Mesquite<\/strong> was up 1.5% to $19.5 million. But Wendover<\/strong>, concerningly, sank 9% to $23 million. Reno<\/strong> jumped 7.5% to $62 million, Sparks<\/strong> flew 8.5% to $16 million and Lake Tahoe<\/strong> vaulted 19.5% to $17.5 million.<\/p>\n\n\n\n

While locals gambling was up 9% overall (although coin-in was down 2%), the Strip comeback was borne on the wings of baccarat. Absent that volatile game, revenue was up 3%. Slot winnings rose 2% on 5% more coin-in. But table wagering was flat, once baccarat was factored, resulting in 5.5% more win for the house. So two cheers for the Strip and let’s hope March wasn’t an outlier.<\/p>\n\n\n

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Time permitting, we’ll look<\/strong> this week at 1Q26 results for Caesars Entertainment<\/strong>, MGM Resorts International<\/strong> and Station Casinos<\/strong>. In the meantime, you can catch up on what certain other companies did. Vici Properties<\/strong> had a good quarter<\/a> but they weren’t a bunch of Chatty Cathies<\/a> in their earnings call. Big Gaming’s other REIT, Gaming & Leisure Properties Inc.<\/strong> was bullish<\/a> on Bally’s Chicago<\/strong> but a great deal more circumspect<\/a> on the vaporware known as Bally’s Las Vegas<\/strong>. Although Monarch Resorts & Casinos<\/strong> only operates two properties, what remunerative properties they are<\/a>! Wall Street<\/strong> shares our enthusiasm<\/a>. Oh, and did you know New Hampshire<\/strong> is getting a new casino<\/a>? You do now.<\/p>\n","protected":false},"excerpt":{"rendered":"

After over a year of being down, down and down some more, the Las Vegas Strip snapped back to life in March. There was a stunning, 14.5% vault upward on the Strip, reaching $780 million. Nor was the good news confined to Las Vegas Boulevard South. Casinos in Downtown exploded 21%, achieving $103 million. And […]<\/p>\n","protected":false},"author":83928,"featured_media":859525,"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\/2024\/05\/mirage_1394_480x240.jpg?fit=480%2C240&ssl=1","_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts\/914411"}],"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=914411"}],"version-history":[{"count":2,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts\/914411\/revisions"}],"predecessor-version":[{"id":914417,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts\/914411\/revisions\/914417"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/media\/859525"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/media?parent=914411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/categories?post=914411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/tags?post=914411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}