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Las Vegas Gambling Revenues Continue To Drop
Las Vegas land casinos reported a 23.4 percent decline in gaming revenues to $427.4 million in February 2009, well down from the $556 million recorded in the corresponding period a year ago.
Statewide, casinos won $830.9 million in February, down 18 percent from the $1.1 billion they won in the same month in 2008.
For the first two months of 2009, casinos on the Las Vegas Strip won $937 million from gamblers, a 19 percent slide from the $1.1 billion they won for the same period a year ago, reports Gaming Today.
Although gambling revenues are still headed southward, the number of visitors to The Strip has remained relatively steady. In February, there were 2.8 million visitors, only 8 percent fewer than the 3.1 million a year ago. And for the year to date, there were 5.6 million visitors to Strip casinos, down just 10 percent from the 6.2 million reported a year ago.
Airlines flying into Vegas report that passenger numbers have declined about 15 percent so far in 2009, whilst automobile traffic to the gambling city from Southern California has increased by 1.2 percent over the same period.
Analysts say factors that might adversely affect visitors’ propensity to gamble include higher trip costs such as transportation, lodging, food and entertainment, as well as the expansion of casino venues throughout the rest of the country.
Also, according to recent visitor profile studies, the number of first-time visitors to Las Vegas has reached an all-time low, which may account for less casino gambling from guests.
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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