The declines were offset by a 20% increase in Strip gamblingrevenue in October and the fact that gambling revenue from November2006 was 22% higher than November 2005. Casinos stocks fell onFriday, as did the Dow Jones Industrial Average.
Visitor statistics for November have not yet been released. InOctober, visitation was essentially unchanged from the previousOctober at 3.4 million. Year-to-date, visitation is up 0.8%, Stripgaming revenue is up 2.49% and statewide gaming revenue is up1.43%.
In Clark County as a whole, gaming revenue fell 16.26% inNovember, but remained up 2% for the year. In Washoe County, whichincludes the Reno area, gaming revenue fell 0.8% and is off 3.9%year-to-date.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
