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Las Vegas Strip Revenue Up 6.3% In May
Friday, June 29, 2018 - 11:57am | 411The Nevada state gaming control board released its report on gaming revenue for the Las Vegas area in May. What Happened Nevada's non-restricted gaming licensees reported a total “gaming win” of $1.044 billion in May, a 5.2-percent year-over-year increase. Statewide revenue is now...
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Las Vegas Strip Revenue Up 9.7% In June
Friday, July 29, 2016 - 12:24pm | 444With revenue in the world's largest gaming destination — Macau, China — still depressed, casino investors are looking to the state of Nevada for some much-needed revenue growth this year. The state's gaming control board has released its report on gaming revenue for the month of...
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Daily Fantasy Sports Ruled 'Gambling' In Nevada
Friday, October 16, 2015 - 1:09pm | 438The state of Nevada has ruled that daily fantasy sports is gambling and is therefore illegal to operate in the state without a license. The ruling is the first major post-scandal regulatory blow for FanDuel and DraftKings. With several investigations ongoing, the full extent of the regulatory...
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Downtown Vegas Gaming Revenue Jumps 15% In August
Wednesday, September 30, 2015 - 1:40pm | 455The latest Vegas gaming revenue numbers show that the strip is continuing to slide. Strip revenue declined 4.6 percent in August. Downtown revenue jumped 10.5 percent. With revenue in the world’s largest gaming destination, Macau, China, continuing to decline, casino investors have been...
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Downtown Vegas Continues To Outperform The Strip In July
Friday, August 28, 2015 - 2:16pm | 413With revenue in the world’s largest gaming destination, Macau, China, continuing to slump, casino investors have been looking to the state of Nevada for some much-needed good news this year. The state's Gaming Control Board recently released its report on gaming revenue for the month of...
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Vegas Strip Revenue Plunges 16.3% In June
Tuesday, July 28, 2015 - 2:36pm | 434With revenue in the world’s largest gaming destination, Macau, China, recently falling to its lowest level since November 2010, casino investors have been looking to the state of Nevada for some much-needed good news this year. The state's Gaming Control Board recently released its report...
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Vegas Strip Revenue Surges 15.4% In January, Downtown Slumps
Friday, February 27, 2015 - 2:42pm | 385On Friday, the state of Nevada's Gaming Control Board released its monthly report on the state's gaming revenue for the month of January. Here's a summary of the Gaming Control Board's report. The Numbers Nevada's nonrestricted gaming licensees reported a total "...
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Las Vegas Strip Gambling Sales Fall In December, Gaming Stocks Tumble
Friday, January 30, 2015 - 11:47am | 144Traders will want to watch gaming stocks following the announcement from the Nevada Gaming Commission that Las Vegas Strip gambling sales fell 16.41 percent in December. Shares of Las Vegas Sands Corp. (NYSE: LVS) fell to $54.56, down 1.61 percent, amid the news. The company reported Q4...
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Nevada Gaming Revenues Fall In October
Wednesday, November 26, 2014 - 12:40pm | 127The Nevada Gaming Control Board released gaming revenues for the month of October on Wednesday. According to the press release, “Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $913,643,061 for the month of October 2014. “This amounts to...
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Jefferies Provides Color on Gaming and Lodging
Monday, July 11, 2011 - 8:29am | 142Jefferies provided color on the gaming and lodging sector. In a research report published today, Jefferies commented on the expected monthly earnings results of several gaming corporations, which are due this week. In the report, Jefferies states, “This week in gaming, we expect casino revenue...