{"id":12357,"date":"2013-12-31T11:41:00","date_gmt":"2013-12-31T19:41:00","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=12357"},"modified":"2013-12-31T11:41:00","modified_gmt":"2013-12-31T19:41:00","slug":"nevada-finishing-year-strong-christies-choler","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/nevada-finishing-year-strong-christies-choler\/","title":{"rendered":"Nevada finishing year strong; Christie’s choler"},"content":{"rendered":"

\"casino-chips\"<\/a>With a little help from one extra weekend day, Nevada<\/strong> gross gaming revenues shot upward 12% statewide in November and 23% on the Strip. Baccarat players lost their shirts, with the house winning 94% more than the previous year. Less play and looser hold meant less win for the house at slots (-4%) but non-baccarat table win rose 34%. However, what was sauce for the Strip was not so for outlying jurisdictions. Downtown Vegas was off by a point, Laughlin<\/strong> fell 14%, but Reno<\/strong> was up 17% and the Carson Valley<\/strong> area rose 7%. Locals were keeping their purses tight: The Boulder Strip<\/strong> dropped 9% and North Las Vegas<\/strong> fell 14%. Looking ahead, room rates on the Strip are estimated to be 14% higher in the first quarter of next year.<\/p>\n

If so, we end 2013 with an equivocal outlook for the locals and border jurisdictions, but clear recovery on the Strip. We’ll take that.<\/p>\n

\"chris-christie-new-jersey\"<\/a>It’s Year Four of New Jersey<\/strong> Gov. Chris Christie’s five-year plan for Atlantic City<\/strong> and already the dyspeptic politico\u00a0is losing patience<\/a>. He’s already talking about “considering alternatives,” which would include racinos and a Meadowlands<\/strong> casino, barring “significant results” from the Boardwalk. So, no pressure. Closures of Trump Plaza<\/strong>, the Golden Nugget<\/strong> and the Showboat<\/strong> are being bruited about, and a second Revel Resort bankruptcy looms. It’s also noted that Christie’s not taking the effects of Hurricane Sandy into account. That’s a fair accusation, as the governor suddenly seems keen to be on the winning side, regardless of which one it is.<\/p>\n

\"Wynn<\/a>No surprise here<\/strong>. In a relatively predictable development, Wynn Resorts was found suitable<\/a> to operate in Massachusetts<\/strong>. Of all the major contenders, Wynn had the fewest question marks attached. “On the whole, it is clear \u2026 that the applicant has created a dynamic within its company that promotes strict regulatory compliance<\/em>,” proclaimed the Massachusetts Gaming Commission<\/strong>. Now Wynn Resorts can get down to the business of clobbering Suffolk Downs<\/strong> in the all-important “wow factor” contest.<\/p>\n

Gather ye rosebuds<\/strong> while yet ye may at Maryland Live<\/strong> and Charles Town Races<\/strong>, because MGM Resorts International<\/strong> is coming for a big chunk of your action<\/a>. Both are likely to suffer at the lion’s paws but, due to National Harbor<\/strong> being on the east side of the capitol city, Maryland Live may have the harder time of it. That’s not much of a consolation prize for Penn National Gaming<\/strong> but it’s something.<\/p>\n","protected":false},"excerpt":{"rendered":"

With a little help from one extra weekend day, Nevada gross gaming revenues shot upward 12% statewide in November and 23% on the Strip. Baccarat players lost their shirts, with the house winning 94% more than the previous year. Less … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[23,88,70,28,51,14,7,49,72,112,11,78,69,25,79,32,9,129,169],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/12357"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=12357"}],"version-history":[{"count":1,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/12357\/revisions"}],"predecessor-version":[{"id":12359,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/12357\/revisions\/12359"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=12357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=12357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=12357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}