treasure island hotel and casino vegasAs we push into the New Year, let’s take a final look back at the one just past. Las Vegas tourism continues to struggle, as November marked the sixth consecutive month of visitor volume losses in America’s gambling capital. 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. aliante casino websiteAnd 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. (Image: Wade Vandervort/Las Vegas Sun)Visitor volume totaled 3.3 million people, which pushed average dmorongo casino redditaily room rates down 4.1 percent to 9.66. 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. wild casino download

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e online casinosBut room inventory was just 0.5 percent less in November 2016 than during the same month last year.As of November 2017, Las Vegas visitor volume was down 1.6 percent. As we push into the New Year, let’s take a final look back at the one just past. Nearly four percent fewer travelers came to Sin City during the Thanksgiving holiday month, which represents a loss of about 125,000 tourists. bicycle casino poker chips valueIn addition to fewer visitors occupying tables and slot machines, the loss was attributed to gamblers finding extra luck at bacmorongo casino redditcarat 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. 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. boomtown casino sportsbook

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blackjack online videoLas Vegas is ringing in the New Year with plenty of optimism, despite disappointing tourism and gaming reports for November. Table games will be taxed at 14 percent, with four percent reserved for the local government.Along with ten Category 4 licenses, Pennsylvania’s gaming expansion package signed into law by Governor Tom Wolf (D) last fall authorizes terminals in certain truck stops, online gambling, daily fantasy sports, airport gambling lounges, and creates regulations for sports betting should a change come to the current federal ban.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. Fontainebleau, SLS, Stratosphere, and Palms all have new owners. As we push into the New Year, let’s take a final look back at the one just past. Nearly four percent fewer travelers came to Sin City during the Thanksgiving holiday month, which represents a loss of about 125,000 tourists. cache creek casino tribe