Saturday, June 27, 2015

May 2015 Revenue and Visitation Numbers

The May 2015 Gaming Control and LVCVA numbers are out.

Many people were expecting a huge month as a result of the May-Pac fight and Rock In Rio. While visitation increased 4.8%, gaming revenue on the Strip was only up 1.39%. Baccarat was the biggest culprit for the Strip's mild numbers. Statewide baccarat was down 36.39% from last May.

Downtown had a better result, with gaming revenue jumping up 15.45%. This is good news for The Plaza and Downtown Grand - two recently refreshed properties that have struggled a bit to find their footing after reopening.

The Boulder Strip and North Las Vegas were also up double digits. This shows strength in the Las Vegas locals market.

What I'm seeing from these numbers is strong tourist trends, and seemingly good locals numbers as well. If you discount the baccarat numbers May 2015 was a really strong month for Las Vegas.