Las Vegas casino report slow winnings in 2007
Clarissa Kane | Published on August 20, 2007
In June alone, Nevada venues won $959.8 million from their visitors, though this was driven largely by the successes of Las Vegas casinos, which helped to compensate for slower winnings experienced elsewhere, not least in Clark County.
While these new figures are not as high as some operators may have wished, no major new venue has been opened within the state during the fiscal year.
Observers expect both revenues and winnings to pick up significantly once the $1.6 billion Palazzo casino opens in Las Vegas on December 20th.
“What we were seeing in the first half of the calendar year is that things have really slowed down, definitely on the slot side,†said Frank Streshley, the senior research analyst on the Nevada Gaming Board.
“I think we’ll see this trend continue over the next six months as well.â€
However, he added: “With no major special events on the calendar and factor in the Stardust closing, this was an exceptionally strong month.â€
Via: Blog gambling.com
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