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Las Vegas Slots Down A sign of tough economic times
This week's business report from the Nevada Gaming Control Board had some depressing news for land casino operators - slot wagering volumes, which deliver around two thirds of Nevada gaming revenues, are down.
The report reveals that slot players wagered $1.1 billion less on slots in July than the same month a year ago, with volumes on the Vegas Strip down by $500 million.
Slot volume fell 12 percent in July 2008 compared with the same period a year ago, and constituted the worst drop in the past seven straight months that slot spending has been on the decline. In June 2008 slot volumes fell 10 percent compared to June 2007, indicating an accelerating rate of decline.
Operators are hoping that an easing in the price of gasoline will bring players back and halt the downward spiral.
The good news in the report was that table game play actually improved, rising 5 percent on the Strip for high end as well as typically lower end games: Baccarat play was up 15 percent and blackjack rose 7 percent. Despite these encouraging numbers, Strip casinos won 21 percent less from table game players in July, mainly because players were just lucky, winning a greater percentage of wagers than is usually the case.
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NHL Odds: Lightning go for Season Sweep Over Red Wings -
The Tampa Bay Lightning (37-29-9) have been doing everything possible to make a fourth straight appearance in the Stanley Cup Playoffs. Without star centre Steven Stamkos, Nikita Kucherov (38 goals, 40 assists) and Victor Hedman (15 goals, 47 assists) have stepped up and will look to continue their strong play against the Wings. Game time is 7:30 PM ET on FS-D.
MPN Charity Poker Tournament at ICE 2017 -
During what was a busy three-days for Microgaming at ICE Totally Gaming 2017, the MPN team enjoyed a charity poker tournament with Microgaming operators on Tuesday 7 February.
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
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