Laughlin Gaming numbers continue to decline

[Chris]

From Tri-State News today:

Gaming Win?
LAUGHLIN, NV - This past week, the Nevada Gaming Control Board released
its revenue report for May 2007, which shows Laughlin's ten resorts are
continuing to show big declines. The numbers reveal Laughlin's total
gaming win in May slid to $52.6-million, a 4.4% decrease from the same
time last year.
Statewide, revenues jumped 1.5% on $1.5-billion in total revenue.
Casinos along the Las Vegas Strip don't seem to be phased by the
nationwide increase in gas prices and reported taxable gaming revenues
of over $587-million, up nearly 11% over May 2006. Meanwhile, Laughlin
resorts seem to be feeling the fuel crunch with the current numbers.
Only casinos in North Las Vegas had a larger monthly decline compared
to last year, where they reported $28.6-million in taxable revenues for
a loss of 4.73%.

[Chris]

More negative numbers from Laughlin. Good thing I was in town during
May, or that would have been 259,999 visitors.

From Tri-State News today:
Visitor Volume Down,
Room Rates Up
LAUGHLIN, NV - Following the release of last week's Nevada Gaming
Revenue Report, the Las Vegas Convention and Visitors Authority has
more bad news for Laughlin's ten casinos. The LVCVA reports
Laughlin's visitor volume for the month of May dropped nearly 5% to a
total of 260,000 people. Additionally, Laughlin's convention
attendance was off by nearly 28%.
There was one category in the report where the numbers rose in May
for resorts along the Colorado River. Room rates were up almost 13%
for the month, to an average of $46 a night---

From Tri-State News today:

Gaming Win?
LAUGHLIN, NV - This past week, the Nevada Gaming Control Board

released

its revenue report for May 2007, which shows Laughlin's ten resorts

are

continuing to show big declines. The numbers reveal Laughlin's

total

gaming win in May slid to $52.6-million, a 4.4% decrease from the

same

time last year.
Statewide, revenues jumped 1.5% on $1.5-billion in total revenue.
Casinos along the Las Vegas Strip don't seem to be phased by the
nationwide increase in gas prices and reported taxable gaming

revenues

of over $587-million, up nearly 11% over May 2006. Meanwhile,

Laughlin

resorts seem to be feeling the fuel crunch with the current

numbers.

Only casinos in North Las Vegas had a larger monthly decline

compared

to last year, where they reported $28.6-million in taxable revenues

for

···

In vpFREE_Laughlin@yahoogroups.com, "hamstockman" <ab6pq@...> wrote:

a loss of 4.73%.