Archive for the 'Las Vegas Gaming' Category

Las Vegas has record August as visitors rise

Friday, October 13th, 2006
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Increased convention activity helped spike August attendance in Las Vegas, setting a high-water mark for that month based on year-by-year numbers that are running ahead of projections. According to a senior analyst for the Las Vegas Convention and Visitors Authority, the area is on pace to hit 38.7 million visitors this year. That figure would rank marginally ahead of 2005’s 38.6 million visitors. August totals accounted for 3.3 million visitors, a 2.7 percent increase based on 2005 figures.

Of note, MAGIC International’s gathering at the Las Vegas Convention Center – held between Aug. 28-31 – accouted for 105,000 attendees alone as part of 262 more conventions that helped aid the industry at a 53.3 percent clip for the month. All told, 609,595 attendees played their part in a 3.4 percent increase over the first six months of 2006.

Overall room occupancy were running healthy at a 90.7 percent clip (a two percent increase) while motels, however, dropped 2.2 percent. Higher fuel prices were cited as a possible drag on those figures, lowering the number of budget-conscious visitors. It is hoped that a recent drop in gasoline costs might benefit the industry, as more disposable income is found for people planning trips despite a slowing economy. 

- Rex Harris

Nevada gaming win up 7.5% in August

Tuesday, October 10th, 2006

U.S. gaming financial review: Oct. 1/06 (2 of 2)

Sunday, October 1st, 2006

U.S. gaming financial review: Oct. 1/06 (1 of 2)

Sunday, October 1st, 2006

U.S. gaming financial review: Sept. 24, 2006

Sunday, September 24th, 2006

Attendance lags but spirits buoyed at gaming con

Tuesday, September 19th, 2006

U.S. gaming financial review: Sept. 17-06

Sunday, September 17th, 2006

Nevada nets 8.4 percent July gaming win rise

Tuesday, September 12th, 2006

U.S. gaming financial review: Sept. 10-06 (3 of 3)

Sunday, September 10th, 2006

Wynn supervisors to get cut of dealers’ tips

Tuesday, September 5th, 2006