13 May 2008

Oh dear - another down month in Vegas

Never mind what stays in Vegas... Getting it to Vegas seems to be the problem.

It is visitors and their cash.

THE NUMBER OF VISITORS to Las Vegas declined by 1% in March, according to the Las Vegas Convention and Visitors Authority, the largest drop in more than a year. The total number of passengers traveling through Las Vegas' McCarran Airport in March was down 1.7%.
GAMING REVENUES on the Las Vegas Strip sunk nearly 5% for the month of March, according to the Nevada Gaming Control Board, marking the third straight month that revenues have fallen. The Las Vegas Strip hasn't seen three consecutive months of declining gaming revenues in nearly seven years.
THE MAJOR Las Vegas corporations reported their first quarter earnings last week, and the numbers were down across the board.

Do I hear any bids on the word recession?



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