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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 :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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