Although given only perfunctory mention in most of the Las Vegas media, the April numbers' release this morning was actually pretty significant. They seem to say that things are headed in the right direction again, but really looking at them raises more questions.
Yesterday I wrote a few reports for the Center for Gaming Research summing up the financial performance of the "average" casino on the Strip, in Downtown Las Vegas, and in Reno. Because people here like talking about the Strip more than, say, Reno/Sparks, I'll break down the Strip results for you.
The Gaming Control Board released the November 2011 revenue results for Nevada casinos this morning. I've banged out two reports, and am now ready to pull everything together in a quick, easy-to-read narrative.
Come for the Neil Diamond reference, stay for the analysis of the gaming numbers! I've got plenty of the latter after the jump:
After a long day, I've finally finished crunching the August Nevada gaming numbers. If you want some historical perspective on this month, keep reading after the jump.
The July Nevada gaming numbers are out, and I've sliced, diced, and spliced them to exhaustion. After the jump, I'll share my thoughts on what's going on in Nevada casinos.
The Cosmopolitan of Las Vegas has released its 2nd quarter results, giving us a glimpse into how the Strip's latest resort is faring. The answer? Not so poorly, though there's room for growth.
My focus here--and I'll be quick, I promise--is comparing the Cosmopolitan's revenue breakdown with the rest of the Strip. In some ways it isn't a true comparison, since I'm pulling the Strip average from the Average Big Las Vegas Strip Casino, 2010 report, which is a year behind the Cosmopolitan numbers. But I think that it still gives a good sense of what the average numbers are on the Strip.
More after the jump.
Earlier this morning, the Gaming Control Board released the June 2011 Gaming Revenue Report. That's like Christmas morning for gaming numbers geeks. After the jump, I'll share some of the highlights and my analysis.