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2024.07.17
online gambling legal in nyLas Vegas is ringing in the New Year with plenty of optimism, despite disappointing tourism and gaming reports for November. On the Strip, the average hotel room was 9.43, down from 4.64 in November 2016.Monthly visitor volume reports can fluctuate depending on a host of variables, such as the number of weekends in a given month, weather conditions, and specific convention dates, but the summaries provided by the Las Vegas Convention and Visitors Authority (LVCVA) are being more closely scrutinized in the wake of the October 1 shooting at Mandalay Bay.Brian Gordon, a hospitality expert at Applied Analysis, told the Las Vegas Review-Journal that “the fundamentals appear stable.” He says citywide occupancy levels remain around 90 percent, proving that demand remains strong.The LVCVA points to a reduction in room inventory for the losses, as several Strip properties are currently undergoing renovations. Hospitality and gaming analysts do not believe the Las Vegas shooting will have any long-term impact on visitation, with the World Travel and Tourism Council saying last fall that “visitors are resilient” regarding isolated incidents.Nevada casinos have also seen their gaming wins increase by 2.5 percent over the last 12 months. soaring eagle casino onlineDecember numbers have not yet been tallied.Gaming DropsStatewide, total gaming wins in November slid 2.3 percent to 9 million, but on the Strip, things were even worse.While the downtown area continued its winning streak, with gaming win up eight percent to .5 million, casino revenues along the Strip fell more than six percent to 5.7 million. Speaking of sports, a longsIn addition to fewer visitors occupying tables and slot machines, the loss was attributed to gamblers finding extra luck at bacyocha dehe at cache creek casino resortcarat and blackjack, as well as the sportsbook.November marked the Strip’s first back-to-back monthly gaming decline in 2017.No Reason to PanicDespite November’s performance, the general consensus among those who know gaming best is that there’s plenty of optimism for 2018. poker yellowhead casino poker treasury casinofree online slots ladbrokesLas Vegas tourism continues to struggle, as November marked the sixth consecutive month of visitor volume losses in America’s gambling capital. (Image: Wade Vandervort/Las Vegas Sun)Visitor volume totaled 3.3 million people, which pushed average dyocha dehe at cache creek casino resortaily room rates down 4.1 percent to 9.66. Fontainebleau, SLS, Stratosphere, and Palms all have new owners. chukchansi casino casa de fuegoNearly four percent fewer travelers came to Sin City during the Thanksgiving holiday month, which represents a loss of about 125,000 tourists. (Image: Oakland Raiders)But there were more highs than lows, including some major US online gaming legislation, and most importantly, hope for widespread legal sports betting in any American state that chooses to embrace it, pending a SCOTUS decision that’s due in the spring. Fontainebleau, SLS, Stratosphere, and Palms all have new owners. online gambling effects mgm grand casino foodvalley forge casino live musicBut a tragedy in October will touch the city for a long time to come. December numbers have not yet been tallied.Gaming DropsStatewide, total gaming wins in November slid 2.3 percent to 9 million, but on the Strip, things were even worse.While the downtown area continued its winning streak, with gaming win up eight percent to .5 million, casino revenues along the Strip fell more than six percent to 5.7 million. (Image: Oakland Raiders)But there were more highs than lows, including some major US online gaming legislation, and most importantly, hope for widespread legal sports betting in any American state that chooses to embrace it, pending a SCOTUS decision that’s due in the spring. As we push into the New Year, let’s take a final look back at the one just past. 2017 saw some unwelcome changes in the iconic Vegas tourism marketing model, and of course, one of the greatest tragedies of our time, right on the Las Vegas Strip. And the Strip will post its second straight annual gaming win when December earnings are revealed later this month.That’s fueling new investments on the Strip. valley forge casino valley forge pa mgm grand casino washington dc |