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Category Archives: Boulder Strip
Strip clocked, locals stronger; Montana reopens first
Nevada casinos won $618 million in a Covid-19-truncated March, with the Las Vegas Strip leading the plunge with a 46% fall to $300 million. Las Vegas locals play was remarkably strong under the circumstances, down only 20.5%, although that number may … Continue reading
Posted in Atlantic City, Boulder Strip, Boyd Gaming, Donald Trump, Downtown, Economy, Election, Golden Gaming, Health, Internet gambling, Lake Tahoe, Laughlin, Mesquite, Nevada, North Las Vegas, Penn National, Pennsylvania, Reno, The Strip, Wall Street, Wendover, William Hill
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The last good month; NBA to resurrect in Vegas?
Las Vegas Strip gaming revenue was flat in February at $596 million and probably should have been better, given the presence of an extra weekend day. (Statewide, revenues were up 3%.) Strip slots were robust, gaining 7% on 7.5% higher … Continue reading
Posted in Boulder Strip, Charity, China, Conventions, Downtown, Economy, Lake Tahoe, Laughlin, Mesquite, North Las Vegas, Reno, Sports betting, Station Casinos, The Strip, Tourism, Transportation, TV, Wendover
2 Comments
Big January for the Strip; Mega-jottings
January was very good for the Las Vegas Strip, up 7.5% to $572 million. Baccarat played a big role, with winnings up 16% on 24% greater wagering. (In fairness, January 2019 was terrible for baccarat.) Other table games didn’t do … Continue reading
Posted in Australia, Boulder Strip, Caesars Entertainment, China, Conventions, Downtown, Downtown Grand, Eldorado Resorts, Health, Illinois, International, Internet gambling, Lake Tahoe, Laughlin, Marketing, MGM Resorts International, Mississippi, North Las Vegas, Philippines, PokerStars, Regulation, Reno, Technology, The Strip, Tourism, Transportation, Wendover
2 Comments
Santa kind to the Strip; Oklahoma compact mess explained
Gambling revenues on the Las Vegas Strip rose 4.5% last month, even as locals casinos vaulted 13.5% and the state as a whole was up 6%. Strip casinos grossed $592 million, despite a 27% tumble in baccarat winnings on 29.5% less … Continue reading
Posted in Boulder Strip, Downtown, IGT, Lake Tahoe, Laughlin, Lotteries, North Las Vegas, Oklahoma, Racinos, Reno, Rhode Island, The Strip, Tribal, Twin River
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Damp November in Nevada; Dirty dealings in Illinois
Could the good times be coming to an end for Las Vegas? The Strip was down 3% last month but, worse still, locals revenue was off by 4%. The prior-year comparison was difficult (+6.5%) but not impossible, while December looks … Continue reading
Strip soft, locals firm; Big win for DraftKings
At $538 million, last month’s Strip gambling revenue fell 9%. Slot win was 1.5% up on 5.5% more coin-in. However, baccarat win plunged 27% on 20.5% less wagering. Non-baccarat table games were down 19% on 11% less betting. Strip casinos … Continue reading
Posted in Boulder Strip, Culinary Union, Downtown, DraftKings, International, Lake Tahoe, Laughlin, Law enforcement, Lotteries, MGM Resorts International, Money laundering, New Hampshire, North Las Vegas, Regulation, Reno, Sports betting, The Strip, Tourism, Transportation, Washington State
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Vegas tourists, locals flex economic muscle
Both the Las Vegas Strip and Nevada casinos as a whole were up 7% in September, with locals action up a bullish 9.5%. “We think this data suggest less potential gaming-related risk to MGM’s 3Q19 results as well as [Station … Continue reading
Posted in Boulder Strip, Conventions, Downtown, Lake Tahoe, Laughlin, MGM Resorts International, Reno, Station Casinos, The Strip, Tourism, Wall Street
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Strip buoyant, locals pounded; Tilman strikes again
Thanks in part to some dramatic table-game numbers, Las Vegas Strip revenues leapt 9% last month. It wasn’t baccarat: That highly volatile game was actually pretty stable, with 6% more win on 7% less wagering (the house played lucky). Other … Continue reading
Posted in Boulder Strip, Dining, Downtown, Lake Tahoe, Laughlin, North Las Vegas, Reno, The Strip, Tilman Fertitta
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Baccarat hamstrings the Strip
July would have been a good month for the Las Vegas Strip were it not for a wipeout at baccarat: down 26% on 15% less wagering, so luck was definitely not with the house. Overall, Strip revenues were up 1.5% … Continue reading
Posted in Boulder Strip, Churchill Downs, Downtown, Illinois, Lake Tahoe, Las Vegas Raiders, Laughlin, Nevada, North Las Vegas, Racinos, Reno, Rush Street Gaming, Sports, The Strip, Tourism, Transportation, Wall Street
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Case Bets
Despite the tepid attitude of Tokyo leadership, Las Vegas Sands has settled on it and Yokohama as its destinations of preference in Japan. Which leaves Osaka out in the cold (although it is not lacking for suitors). Sands lost no time … Continue reading
Vegas’ baccarat bonanza; New ‘link’ on Strip
Ever unpredictable, the Las Vegas Strip boomed last month, as gross gaming revenue shot up 18% (propelled by baccarat) to $616.5 million. Statewide, gambling win leapt 11.5% for a grand total of $1 billion. Perhaps it’s coincidental—but surely not—that McCarran … Continue reading
Posted in Architecture, Aristocrat, Baseball, Boulder Strip, Boyd Gaming, Downtown, Golden Gaming, Hawaii, history, Lake Tahoe, Laughlin, North Las Vegas, Pennsylvania, Pinnacle Entertainment, Reno, The Strip, Tourism, Wall Street
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Wynn tops in U.S. casinos; Crown in hot water again
Steve Wynn got some love from the contributors to TripAdvisor, whose top-three-ranked casinos in America are Wynn Las Vegas, Encore and Beau Rivage, a vindication of Wynn’s spare-no-detail approach. However, Bellagio may be showing its age, clocking in at a … Continue reading
Posted in Atlantic City, Australia, Boulder Strip, Boyd Gaming, Caesars Entertainment, CityCenter, Cosmopolitan, Crown Resorts, Detroit, Downtown, Economy, Eldorado Resorts, Foxwoods, Golden Gaming, Indiana, Iowa, Las Vegas Sands, Law enforcement, Louisiana, M Resort, Macau, MGM Resorts International, Mississippi, Mohegan Sun, North Las Vegas, Oklahoma, Penn National, Pennsylvania, Politics, Reno, Station Casinos, Steve Wynn, Terry Caudill, The Strip, Tourism, Tribal, TV, Wynn Resorts
1 Comment
Whales super-lucky on the Strip; New Jersey tops Nevada
Last month was the busiest in McCarran International Airport history, seeing 4,590,539 arrivals and departures. Unfortunately for the casinos, this did not translate into record prosperity. Far from it. Gross gaming revenue toppled 11% to $517.5 million. Slots were a bright … Continue reading
Posted in Boulder Strip, Culinary Union, Downtown, International, Lake Tahoe, Laughlin, Law enforcement, Macau, Nevada, New Jersey, New Mexico, North Las Vegas, Palms, Reno, Sports, Sports betting, The Strip, Tourism, Tribal, William Hill
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April unkind to Strip; Expansion scramble in Illinois
Las Vegas Strip revenues were down 3.5% last month but for once baccarat was blameless. Luck was with the casinos in the highly volatile game, which saw the house win 5.5% more on 17% higher wagering. Players avoided other table … Continue reading
Posted in Boulder Strip, Detroit, Downtown, Illinois, Lake Tahoe, Laughlin, Massachusetts, Michigan, North Las Vegas, Penn National, Politics, Regulation, Reno, The Strip, Wynn Resorts
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Nevada: Strip weak, locals strong; Busing it to Macao
Las Vegas Strip gambling revenues were down 4% last month to $552 million. Some of that is attributable to an impossible baccarat comparison. In March 2018, baccarat win was up 118%. Last month it was down 56% on 43% less … Continue reading
Posted in Animals, Architecture, Arkansas, Australia, Boulder Strip, Downtown, Lake Tahoe, Laughlin, Lotteries, Macau, Mesquite, Nevada, New Mexico, North Las Vegas, Reno, South Korea, Sports betting, The Strip, Tourism, Transportation, Tribal
1 Comment
Baccarat undercuts the Strip; Japan shows its hand
Is our trade war with China inflicting collateral damage on the Las Vegas Strip? That’s one theory for anemic Chinese New Year visitation that led to a 2% downturn in gaming receipts last month. By contrast, last year saw an … Continue reading
Posted in Boulder Strip, Downtown, Economy, Internet gambling, Japan, Lake Tahoe, Laughlin, Mesquite, MGM Resorts International, Nevada, North Las Vegas, Philippines, Problem gambling, Regulation, Reno, Taxes, The Strip, Wendover
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Bowing to Wynn; Mixed views on Las Vegas
Today the Massachusetts Gaming Commission meets to finalize its disgraceful prostration, er, litigation settlement with Steve Wynn and presumably to lay the groundwork for levying some manner of fine on Wynn Resorts now that Nevada has set a $20 million … Continue reading
Posted in Boulder Strip, Caesars Entertainment, California, Carl Icahn, Donald Trump, Economy, Environment, Lake Tahoe, Las Vegas Raiders, Laughlin, Massachusetts, Mesquite, Nevada, North Las Vegas, Phil Ruffin, Regulation, Reno, Sexual misconduct, Sports, Steve Wynn, The Strip, Wendover, Wynn Resorts
1 Comment
Vegas: Locals outperform the Strip; Sisolak nuked
Nevada gaming revenue was up 4% last month, just a few hundred thousand shy of an even billion dollars, even though the Las Vegas Strip was relatively stagnant. Strong baccarat win by the house (jumping 14.5%) was offset by 3% … Continue reading
Posted in AGA, Aristocrat, Boulder Strip, Donald Trump, Downtown, Environment, IGT, Lake Tahoe, Laughlin, Mesquite, Nevada, Regulation, Reno, Scientific Games, South Carolina, Sports, Sports betting, The Strip, Wall Street
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Strip outstrips Nevada; Trouble for Resorts World
Business was booming last month on the Las Vegas Strip. Gaming revenues shot up 10% to $534.5 million. Statewide, the increase was 6.5% to $967 million. Driving those Strip numbers was a mind-boggling 53% explosion in baccarat win on 26% … Continue reading
Posted in Architecture, Boulder Strip, Downtown, Economy, Genting, Lake Tahoe, Laughlin, Massachusetts, Mesquite, Nevada, North Las Vegas, Reno, The Strip, Wall Street, Wynn Resorts
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Christmas in Vegas; Study: Millennials’ impact overrated
I don’t believe this. WalletHub has ranked Las Vegas the second-best city in which to celebrate Christmas. Don’t get me wrong but I can’t think of anything more dispiriting than to spend Jesus’ birthday surrounded by slot machines instead of … Continue reading
Posted in Boulder Strip, Boyd Gaming, Economy, Entertainment, Genting, Macau, Marketing, The Strip, Wynn Resorts
2 Comments
