Feb. Nevada number comparison

I’ve got the Nevada gaming revenue comparison and analysis for February up. Here’s the executive summary: For Nevada’s gaming revenues, February 2011 had little to celebrate, though in some ways the numbers aren’t as dire as they seem at first glance. Comparatively, the Strip continues to outperform much of the state, but it is still … Read more

Nevada January gaming revenues: not encouraging

The January numbers are out, and while they appear to be merely ho-hum (a 0.67% Statewide revenue decrease), they are actually quite troubling. Here’s the executive summary of the report: January 2011 continued what has been a trend: a persistent, moderate decline in the state’s gaming revenues. This is the third consecutive month in which … Read more

Talking Vegas debt in Vegas Seven

Another Thursday, another Green Felt Journal in Vegas Seven. This week, I tackle casino debt with the help of Eugene Christiansen: It’s no secret that casino companies are more debt-encumbered now than they’ve ever been. In 1990, the average big Las Vegas Strip casino (those earning more than $72 million a year in gaming revenue), … Read more

Baccarat doesn’t = back in LVBP

In my latest Las Vegas Business Press column, I dissect the August 2010 Nevada gaming numbers: And if your casino doesn't offer baccarat or high-end play, you might be out of luck. With only 22 out of the 329 casinos with nonrestricted licenses in the state 6.7 percent offering the game, only a few are … Read more

Look at quarterlies in LVBP

I’ve got another LVBP column up, in which I discuss whether looking at Nevada’s gaming numbers by quarters can yield any insights: The financial quarter is a handy time measure for evaluating the Nevada gaming industry’s recessionary progress. Three months is long enough to absorb monthly volatilities, but not as long as a year. Looking … Read more