Las Vegas Gambling Revenues

Reuters/Steve MarcusThe Fleur Burger 5000 is shown in the Fleur Restaurant at the Mandalay Bay Resort in Las Vegas, Nevada.

Slot drone wars

The burger, which costs $5,000 is made from wagyu beef, foie gras and truffle and is served with a bottle of 1995 Chateau Petrus. Las Vegas has changed.

While it continues to be known as a mecca for gamblers, visitors today are spending more money on hotels, restaurants and other businesses. Gaming has gone from 60% of revenue in 1970 to 37% of revenue in 2013. Here s an excerpt from a research note from Morgan Stanley: US regional gaming revenue experienced a period of 30 consecutive years of positive growth from 1979 to 2009 driven by the proliferation of casinos throughout the US. Even more impressive (and discussed in more detail in the section Impact of Supply Expansion in Las Vegas) is that the Las Vegas market continued to expand despite the introduction of new competition throughout the US . In Fiscal Year 1970, Las Vegas Strip revenue was 60% gaming / 40% non-gaming. In F2013, the mix was 37% gaming / 63% non-gaming.

The Las Vegas market has clearly shifted to be something else beyond just a casino market, driven by conventions, shows, hotel rooms,and savvy marketing.

This chart shows how people are spending less on gambling in Sin City compared to the 70s.

I usually gamble only in las vegas but i was thinking about going to gamble in macau is it on the same par?There is the bet going on in my business class on which one has more slot machines; The city of Las Vegas or the State of Oklahoma? I got stuck with the assigment of finding out the answer but i si.

Anyone in Las Vegas.?

Why is the Bolshevic 0bama ripping Las Vegas when he is the biggest gamble of all?

If Las Vegas style casino resorts were allowed to operate in Dubai, would you visit the city?Just curious to see if it will likely improve sometime 5 years from now. What's your take on this? Do you think Las Vegas economy will kick back sooner or later?

How many slot machines are in the city of Las Vegas?

Is it true that gambling in Macau is bigger and richer than Las Vegas?I"m going to Las Vegas for the first time. any ideas or suggestions as to what i should do? I know all about the gambling and stuff but would just like some helpful ideas so we can really ha.

The Las Vegas Model- successful economy?zer0 & his Boshevic democrats are about to bankrupt the entire country with their insane liberal spending.

What does Las Vegas and Atlantic City spend its gambling tax revenue on?i am from the UK and i only ever gamble when i am in las vegas but i am going to hong kong in march and i know that macau is a gambling destination.but is the gambling.i am talking about the sl.

How long do you think it will take for the housing market and job market will recover in Las Vegas?