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pacomartin
pacomartin
Joined: Jan 14, 2010
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May 6th, 2010 at 3:24:47 AM permalink
March returns will be published between the 8th and 10th of May.

Despite fairly positive improvement for the last 5 months, I am predicting -14% for the Vegas strip . Gaming Revenue may dip below $400m for the first time since July 2004. If slots go below $200m it will be the first time that Pennsylvania beats the Vegas strip (for slots). I don't think they will go that low, but it is possible.


# Month Article Web link Title Author
26 Feb 8-Apr-2010 http://www.lvrj.com/business/nevada-gaming-revenues-jump-13_9-percent-in-february-90214067.html ' rel='nofollow' target='_blank'> Gaming revenues jump 13.9 percent HOWARD STUTZ
25 Jan 2010 10-Mar-2010 http://www.lvrj.com/business/nevada-gaming-revenue-down-3_2-percent-in-january-87227207.html ' rel='nofollow' target='_blank'> Nevada gaming revenue down 3.2 percent in January HOWARD STUTZ
24 Dec 12-Feb-2010 http://www.lvrj.com/news/gaming-revenues-fall-by-biggest-percentage-ever-84117117.html ' rel='nofollow' target='_blank'> Casino revenues take plunge HOWARD STUTZ
23 Nov 13-Jan-2010 http://www.lvrj.com/news/casino-gaming-income-grows-81305347.html ' rel='nofollow' target='_blank'> Casino gaming income grows HOWARD STUTZ
22 Oct 10-Dec-2009 http://www.lvrj.com/news/breaking_news/Nevada-gaming-revenues-decline-116-percent-in-October-78962952.html ' rel='nofollow' target='_blank'> Nevada gaming revenues decline 11.6 percent in October HOWARD STUTZ
21 Sep 11-Nov-2009 http://www.lvrj.com/business/state-showing-some-life-at-last-69740927.html ' rel='nofollow' target='_blank'> State showing some life at last HOWARD STUTZ
20 Aug 9-Oct-2009 http://www.lvrj.com/business/august-drop-is-20th-straight-monthly-dip-but-analysts-see-positives-63835582.html ' rel='nofollow' target='_blank'> August drop is 20th straight monthly dip, but analysts see positives HOWARD STUTZ
19 Jul 11-Sep-2009 http://www.lvrj.com/business/58935267.html ' rel='nofollow' target='_blank'> Revenue tumbles yet again HOWARD STUTZ
18 Jun 12-Aug-2009 http://www.lvrj.com/business/53029242.html ' rel='nofollow' target='_blank'> Gaming revenue at 2004 level HOWARD STUTZ
17 May 10-Jul-2009 http://www.lvrj.com/news/50460082.html ' rel='nofollow' target='_blank'> Gaming win has upside, downside HOWARD STUTZ
16 Apr 6-Jun-2009 http://www.lvrj.com/news/47117757.html ' rel='nofollow' target='_blank'> Gaming revenues continue slump HOWARD STUTZ
15 Mar 8-May-2009 http://www.lvrj.com/business/44579422.html ' rel='nofollow' target='_blank'> Edging closer to stability HOWARD STUTZ
14 Feb 8-Apr-2009 http://www.lvrj.com/business/42656982.html ' rel='nofollow' target='_blank'> Casino revenue falls HOWARD STUTZ
13 Jan 2009 11-Mar-2009 http://www.lvrj.com/business/41077932.html ' rel='nofollow' target='_blank'> Gaming revenue keeps sliding HOWARD STUTZ
12 Dec 12-Feb-2009 http://www.lvrj.com/news/39483742.html ' rel='nofollow' target='_blank'> Annual gaming revenues suffer sharpest drop in state history HOWARD STUTZ
11 Nov 9-Jan-2009 http://www.lvrj.com/news/breaking_news/37335099.html ' rel='nofollow' target='_blank'> Gaming revenue, visitor count continue to fall HOWARD STUTZ
10 Oct 11-Dec-2008 http://www.lvrj.com/news/35952509.html ' rel='nofollow' target='_blank'> Gaming revenue dives again HOWARD STUTZ
9 Sep 13-Nov-2008 http://www.lvrj.com/business/34385654.html ' rel='nofollow' target='_blank'> Gaming win heads down HOWARD STUTZ
8 Aug 10-Oct-2008 http://www.lvrj.com/business/30737069.html ' rel='nofollow' target='_blank'> Eight months of declines put state's casino win at 2006 levels HOWARD STUTZ
7 Jul 11-Sep-2008 http://www.lvrj.com/news/28232334.html?numComments=27 ' rel='nofollow' target='_blank'> Nevada is 'struggling,' may finish '08 poorly HOWARD STUTZ
6 Jun 13-Aug-2008 http://www.lvrj.com/business/26861409.html ' rel='nofollow' target='_blank'> Latest decrease 'ain't bad' B SPILLMAN
5 May 11-Jul-2008 http://www.lvrj.com/news/24444904.html ' rel='nofollow' target='_blank'> Gaming tax collections sink ED VOGEL and HOWARD STUTZ
4 Apr 12-Jun-2008 http://www.lvrj.com/business/19817134.html ' rel='nofollow' target='_blank'> Gaming revenues tumble again HOWARD STUTZ
3 Mar 10-May-2008 Low and Behold HOWARD STUTZ
2 Feb 10-Apr-2008 http://www.lvrj.com/business/17455964.html?numComments=13 ' rel='nofollow' target='_blank'> Funk and fear in February HOWARD STUTZ
1 Jan 2008 8-Mar-2008 http://www.lvrj.com/business/16412321.html ' rel='nofollow' target='_blank'> State gaming win dips HOWARD STUTZ
boymimbo
boymimbo
Joined: Nov 12, 2009
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May 6th, 2010 at 7:23:20 AM permalink
I'm going with a turnaround and slight growth!!! Go Vegas!

When you are talking about the poll, you are talking year over year rates, right?
----- You want the truth! You can't handle the truth!
pacomartin
pacomartin
Joined: Jan 14, 2010
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May 6th, 2010 at 7:36:30 AM permalink



The percentage would be March 2010 compared to March 2009. Here is the stats for last two years. The revenue has not been below $400m on the strip for any month since July 2004 so that would be pretty severe.
Doc
Doc
Joined: Feb 27, 2010
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May 6th, 2010 at 7:54:05 AM permalink
I suppose it's a minor point, but the March 2008 revenue figures differ between the two tables. Presumably, the data are later refined.
pacomartin
pacomartin
Joined: Jan 14, 2010
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May 6th, 2010 at 8:05:45 AM permalink
Quote: Doc

I suppose it's a minor point, but the March 2008 revenue figures differ between the two tables. Presumably, the data are later refined.



Yea they do refine the numbers. They also move some of the casinos from one category to another (usually only very small casinos) but they will bounce the numbers around by a million or two.

For example they decided that Wild Wild West would now be considered a strip casino instead of a locals casino. Partly that was because the Fertitta brothers wanted to replace it with VIVA (a major project).

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