pacomartin
pacomartin
Joined: Jan 14, 2010
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December 8th, 2010 at 7:28:15 PM permalink
Gaming Revenue for downtown (includes the Stratosphere) for the last quarter has been:
July $32,134,417
Aug $41,386,638
Sep $43,022,151

This represents a drop of 8% from last year's already dismal numbers, which means downtown Las Vegas is vying with Sparks (near Reno) for the worst drop in Nevada.
It's against this backdrop that CIM announced it's $100 million renovation of Lady Luck Casino.

Parx casino near Philadelphia hit $40 million for August, so it is comparable to all of downtown Vegas.
pacomartin
pacomartin
Joined: Jan 14, 2010
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December 9th, 2010 at 10:44:26 AM permalink
Downtown had a positive months after 27 straight negative months
Well it had to end at some point. There was a 10.3% increase downtown. Generally it was a good month all around in Nevada with Clark County doing well.
October $44,590,550 for Downtown.
pacomartin
pacomartin
Joined: Jan 14, 2010
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March 5th, 2011 at 12:45:24 AM permalink
The year end gaming revenue for downtown was $493.392 million.

Downtown Las Vegas is getting very close to Laughlin ( $482.389 million for the calendar year). Laughlin was always the poor cousin to downtown LV.


The Las Vegas Club has now dropped below $12 million per year (gaming revenue). I expect that the Plaza will follow soon.

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