Quote:
Originally Posted by Simmo!
Interesting slots accounted for around 85% of the staked bets, yet only accounted for around 65% of the gross revenue. Also notable that Vegas was only down 1.7% overall.
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Simmo!, unless I am not computing (which is very possible on game day,all day
), the 1.7% must be the average for North LV and Downtown LV which combined do not even account for 10% of Las Vegas
aka Clarke County gaming revenues. The Strip accounts for ~62% to 63% of Las Vegas gaming revenues and was down ~16%. For all of Vegas the "only"
should read -15.22% if you were in fact refering to Vegas November 2008 Gross Gaming Revenues.....CHEERS
Of note, as I recollect 2007 had some record revenue months so the year to year comparables should began to improve as the 2008 revenues will become the comparables. May want to keep that in mind after the first couple of months of 2009 are released. If similar % trends were to continue with 2008 as the year to year comparable, then Vegas goes from bad to worse like GM's market share year after year although market share and revenues are not apples to apples by any means but both can be used for trend analysis.