LAS VEGAS gaming revenue soars
CHICAGO (MarketWatch) -- Gambling revenue in Nevada jumped 8.1% to $960.7 million in October, according to data released Friday by state regulators. The Las Vegas Strip, which accounts for more than half the total, led the growth, with a gain of 13.3% to $560.5 million. Revenue from slot machines on the Strip was up 5.4% while table games excluding baccarat raked in 20.9% more. Baccarat win spiked more than 74% on a volume increase of 70.3%. The news helped push shares of MGM Resorts MGM +1.82% and Las Vegas Sands LVS +1.98% both up more than 2% while Wynn Resorts WYNN +0.67% made fractional gains in morning action.
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I love how people say Vegas is dead
Guys with no clue..I go there all the time and always crowdedComment -
Fishhead keep looking for me
Operation moving there sooner than laterComment -
nice but let's put this in perspective though
mgm was a $100 stock now it's $10
harrah's got bought out for $100 now it's essentially bankrupt
boyd was $50 stock now it's $6
echelon never finished
fountainbleu never finished
1 in 3 homes in foreclosure
25% commercial vacancies
vegas would be in much better shape if wynn/encore/venetian/palazzo were never built. way overbuilt and way too many people moved there for construction jobs.
if miami legislation goes through, there's 5-10 million people/year that might go to miami instead of vegas (las vegas gets about 35million/year with almost 10 million of those coming from la/san diego).Comment -
LAS VEGAS 10-1 overf MIAMI................my goal is to never step foot in the crummy state of Florida again.
VEGAS is the MAJOR LEAGUES of gaming.................and they have great weather..............plus, hoards of people can once again visit me on their vacations to Vegas, which is highly +EV in so many aspects..............
............just ask the many that have already done so on this board.
Poster JJgold leading the way in comps and +EV gaming advice handed out since my return..................guy is a human sponge, and this is meant as a compliment.Comment -
miami doesn't have great weather?LAS VEGAS 10-1 overf MIAMI................my goal is to never step foot in the crummy state of Florida again.
VEGAS is the MAJOR LEAGUES of gaming.................and they have great weather..............plus, hoards of people can once again visit me on their vacations to Vegas, which is highly +EV in so many aspects..........................just ask the many that have already done so on this board.
Poster JJgold leading the way in comps and +EV gaming advice handed out since my return..................guy is a human sponge, and this is meant as a compliment.
i was in no way saying miami would ever come close to vegas, but over the next few years they could easily take 5-10 million/year off of vegas' numbers. losing 20% of their visitors would be disastrous to vegas.Comment -
Realize what you meant, just rambling with my morning coffee...............yes, it would hurt Vegas SLIGHTLY...........remember, there are casinos now all over the United States, including Florida.
VEGAS is VEGAS......................it's the best................even though in many aspects it is not as great as it was a few years ago and further back.
By the way, love Vegas weather way, way more than that of Miami..................Comment -
Nevada is still struggling though. High unemployment and what is more viable in that state than casino jobs? Still has a long ways to go before it can hit its peak again.Comment -
The economy is getting better now thanks to president Obama. More people are going back to work and others now have extra money to gambleComment -
Would love to see like 100 guys from sbr move their within next 3 years and we all can hang out at sportsbooks, pools and clubs
man would be greatComment -
jjgold it is nice there in Vegas. I would love to go there someday if I had the money I would highly consider moving there because you are close to LA and San Diego to see horse racing and live sports. You can even drive to Phoenix also. It is well located within driving distance of several cities to see sports and horse racing. I think it would be much better weather wise than what it is like here in the mid west.Comment -
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grab assing in the pool
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I can see him in his grey sweatpants with the cockhole, sunglasses and hat on to hide baldness, ordering virgin pina coladas and calling the waitress sugar and hun etcComment
