{"id":30101,"date":"2021-09-30T10:35:50","date_gmt":"2021-09-30T18:35:50","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=30101"},"modified":"2021-10-08T07:28:07","modified_gmt":"2021-10-08T15:28:07","slug":"strip-sizzles-in-august","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/strip-sizzles-in-august\/","title":{"rendered":"Strip sizzles in August"},"content":{"rendered":"\n
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Casinos on the Las Vegas Strip<\/strong> grossed $626 million last month, 20% better than August 2019. Statewide, the jump was 22% to $1.65 billion but the real overachievers were locals casinos, leaping 41% (to $250 million) with a little help from end-of-July slot revenues that were literally dumped into the early August grosses. Locals also demonstrated more resilience, down just 3% from an epic July, whereas the Strip slipped 21% month\/month. Strip slot win was $358 million, a 38% vault on 26% more coin-in (plus tighter hold). Table game win\u2014$259 million\u2014was relatively static, up a point, on 4% higher wagering. Subtract baccarat and it looked better, 7% more win on 12% larger betting. Not that baccarat was bad: Win was down 7% and play was 8% lower, pretty good when you consider the game’s high volatility.<\/p>\n\n\n\n\n\n\n\n

Downtown<\/strong> jumped 42% to $64 million, while North Las Vegas<\/strong> grew 19.5% to $23 million and the Boulder Strip<\/strong> rocketed +67% to $91 million. Laughlin<\/strong> only climbed 6% to $41 million while miscellaneous Clark County<\/strong> hopped 32% to $136 million. Reno<\/strong> eked out a 1.5% gain to $65.5 million, Lake Tahoe<\/strong> was\u2014given the conflagrations nearby\u2014surprisingly only flat at $23.5 million and the Elko<\/strong> region, which includes all-important Wendover<\/strong>, nudged up 8% to $29 million. Amazingly, the Strip numbers were accomplished with 14% fewer air passengers than two years ago, including less than 80,000 international travelers (that number shouldn’t expand until next month). Domestically, passenger loads were down only 8.5%. As for airlift capacity, the market could be summarized as Southwest Airlines<\/strong> and Everybody Else. Given our recent experience on American Airlines<\/strong>, we don’t blame anyone for preferring Southwest.<\/p>\n\n\n\n

Before Coronavirus<\/strong> laid us low, we were busy beavers on Casino Life Magazine<\/em>. You can read our thoughts<\/a> on “Covidiots” and Macao<\/strong>, find out why Century Casinos<\/strong> is evacuating Europe<\/strong> and eliminating buffets<\/a> from its Missouri<\/strong> casinos, get the inside scoop<\/a> on Park MGM<\/strong> from President Ann Hoff<\/strong>, get a preview<\/a> of post-Covid Global Gaming Expo<\/strong>, explore the question<\/a> of to what degree AI is really “artificial” and get the state<\/a> of the overseas casino industry from Per Jaldung<\/strong> of the European Casino Association<\/strong>. Enjoy!<\/p>\n\n\n\n

Jottings<\/strong>: Humor-impeded poker pro Scott Robbins<\/strong> has dropped a $1.2 million lawsuit against Borgata<\/strong>. The resort 86’s him after he ‘jokingly’ asked a check-in clerk \u201cIf I had to jump from a low floor window, would I make it?\u201d (As in die.) He was subjected to an involuntary hospital visit and a psychiatric evaluation<\/a>. Robbins indicates that he and the casino settled out of court … Speaking of Borgata, we’ve been hearing rumblings about its superannuated slot product. Seems that many machines date back to 2010, even 2006. Also, some ‘vintage’ slots have been turned off during Coronavirus<\/strong> and never (understandably) reactivated … Hard Rock Live<\/strong>, the new entertainment arena in Gary<\/strong>, will debut Nov. 4<\/a>. The venue seats 2,000 with space for 200 in standing room … Las Vegan Gregg Fisher<\/strong> is vying to be in the Guiness Book of World Records<\/em> for having the largest casino-chip collection<\/a>. Fisher’s stash of 2,222 chips will be evaluated over a three-month period … Laid low by Covid-19<\/strong>, casino megaresort Genting Highlands<\/strong> will be back on its feet<\/a> by Oct. 1\u2014sooner than us … Caesars Sportsbook<\/strong> logos, in minuscule form, will appear on the uniforms<\/a> of the NHL<\/strong>‘s Washington Capitals<\/strong>, but only during home games. They’ll be packed away for road games, in deference to states that have not legalized sports betting … We’d better learn how to spell Yaamava\u2019 Resort & Casino<\/strong>, the new name<\/a> of the San Manuel Band of Mission Indians<\/strong>‘ home-base resort. The purpose of the name change “allows the tribe to pursue additional growth opportunities,” as in renaming Palms Casino Resort<\/strong> perhaps? Yaamava’ means “spring” in Serrano.<\/p>\n\n\n\n

Quote of the Day<\/strong>: “I saw this for Harrah’s AC: ‘10\/16 \u2022 BLOOD, SWEAT AND TEARS\u00a0<\/strong>HARRAH’S RESORT ATLANTIC CITY’ and I thought they meant how most customers feel when they leave any casino, anywhere. I was wrong, they are selling tickets for a music group.”\u2014from our Atlantic City<\/strong> correspondent<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Casinos on the Las Vegas Strip grossed $626 million last month, 20% better than August 2019. Statewide, the jump was 22% to $1.65 billion but the real overachievers were locals casinos, leaping 41% (to $250 million) with a little help … 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":[23,88,281,133,18,51,104,120,165,283,140,68,22,76,49,62,245,39,78,159,79,74,243,8,9,100,20,247],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/30101"}],"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=30101"}],"version-history":[{"count":1,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/30101\/revisions"}],"predecessor-version":[{"id":30102,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/30101\/revisions\/30102"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=30101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=30101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=30101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}