In this week’s Green Felt Journal, I look at the resurgence of locals casinos in Las Vegas:
Since the recession, the locals casino market has endured some tough times, but the 2015 numbers so far suggest those tough times might be over. In particular, North Las Vegas and Boulder Strip properties, after several rough years, are showing revenue increases. Is it because value-conscious visitors are venturing off the Strip? Is it a sign of a reinvigorated economy? Possibly a little of both. Whatever the cause, the stronger neighborhood casino market is a positive sign for Southern Nevada’s overall economic health.
Since neighborhood casinos were hardest hit by the recession, their comeback could be a positive sign for the local economy.