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Las Vegas Casino Visitors Spending Less
4/3/10 - The Las Vegas Convention And Visitors Authority's latest visitor profile research has shown that the average gambler budgeted $481 per trip last year compared with $532 in 2008 and more than $555 in 2007.
Average hotel spending per night was down 25 percent year-on-year to approximately $76, while the mean cost of a tour package in 2009 dropped 14 percent compared with 2008 to $640. Save money on travel just gamble from home. Best place to play ?
The latest study was carried out by GLS Research and was based on street interviews with a good sample of 3 600 visitors, 15 percent of whom were in Las Vegas to see friends or relatives - up from eleven percent in 2008. The report concluded that these visitors would typically spend less than those who were in town mainly to gamble or attend conventions and business meetings.
Big-spending conventioneers and business visitors accounted for only 9 percent of Vegas visitors in 2009 - down from 12 percent in 2008.
40 percent of respondents were in town for a vacation or pleasure, while 13 percent said they were there specifically to gamble.
83 percent of visitors gambled in one form or another whilst in Vegas in 2009 - a a five-year low and down from 85 percent in 2008.
Attendance at shows declined by 8 percent year-on-year to 64 percent
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Gambling News :
Interwetten 2016 Earnings Results -
Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform
EU Online Gambling Tax Harmoney Dead -
Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.
Jack Lam Facing Big Fines in the Philippines -
It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.
PlaySugarHouse To Carry Konami Content -
Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.
ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.
Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
Tabcorp SunBets project -
The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
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