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Date: 10 Dec 2008 13:23:35
From: DaVoice
Subject: Las Vegas Economy in the tolilet
Nevada's statewide gaming revenues
http://gaming.nv.gov/documents/pdf/mrroct08.pdf
endured a decline of 22.3 percent in October, from $1.165 billion to $904.9
million. This is the largest single-month decline in Nevada history.

Gaming tax collections also fell 21 percent during the same month.

In addition, gaming revenues plummeted nearly 26 percent on the Las Vegas
Strip alone, exceeding May's 15 percent drop.

Stay with KVBC.com for more information on his developing story.

Logon to www.kvbc.com for the latest news reports around the valley.


Rick "ADB DaVoice" Charles

--
Rick "ADB DaVoice" Charles






 
Date: 10 Dec 2008 17:10:34
From: Irish Mike
Subject: Re: Las Vegas Economy in the tolilet

"DaVoice" <davoicergp@cox.net > wrote in message
news:DrW%k.24407$v37.2594@newsfe01.iad...
> Nevada's statewide gaming revenues
> http://gaming.nv.gov/documents/pdf/mrroct08.pdf
> endured a decline of 22.3 percent in October, from $1.165 billion to
> $904.9
> million. This is the largest single-month decline in Nevada history.
>
> Gaming tax collections also fell 21 percent during the same month.
>
> In addition, gaming revenues plummeted nearly 26 percent on the Las Vegas
> Strip alone, exceeding May's 15 percent drop.
>
> Stay with KVBC.com for more information on his developing story.
>
> Logon to www.kvbc.com for the latest news reports around the valley.
>
>
> Rick "ADB DaVoice" Charles
>
> --
> Rick "ADB DaVoice" Charles

Which explains all the discount promotions Iand free-stay offers I've been
getting from the major strip casinos every week. Hard to work up much
sympathy for Vegas when you consider how they gouge tourists during their
good times. If this keeps up, look for some poker rooms to close.

Irish Mike
>
>




  
Date: 10 Dec 2008 16:37:48
From: DaVoice
Subject: Re: Las Vegas Economy in the tolilet

"Irish Mike" <mjostar@ameritech.net > wrote

> Which explains all the discount promotions Iand free-stay offers I've been
> getting from the major strip casinos every week. Hard to work up much
> sympathy for Vegas when you consider how they gouge tourists during their
> good times. If this keeps up, look for some poker rooms to close.
>
> Irish Mike

You don't know the half of it, Mike. Hotel occupancy rate (with the
exception of the two months after 9/11/2001) had been at 95% + until about 6
months ago when they plunged to 88%. The latest figure I read was 76%. For
a tourism driven town, we're kinda screwed right now. Watch teh Casino
stocks, they tell the story, too.


--
Rick "ADB DaVoice" Charles




   
Date: 10 Dec 2008 16:45:43
From: Paul Popinjay
Subject: Re: Las Vegas Economy in the tolilet
"DaVoice" <davoicergp@cox.net > wrote in message
news:HhZ%k.6998$qp2.5918@newsfe25.iad...

>
> You don't know the half of it, Mike. Hotel occupancy rate (with the
> exception of the two months after 9/11/2001) had been at 95% + until about
> 6 months ago when they plunged to 88%. The latest figure I read was 76%.
> For a tourism driven town, we're kinda screwed right now. Watch teh
> Casino stocks, they tell the story, too.
>
>

Speaking of hotel occupancy, I just got an email from a locals casino for
$60, FOR NEW YEARS EVE! That's unheard of.

-Paul




    
Date: 10 Dec 2008 19:56:58
From: bub
Subject: Re: Las Vegas Economy in the tolilet
On Wed, 10 Dec 2008 16:45:43 -0800, "Paul Popinjay"
<paulpopinjay@sbcglobal.net > wrote:

>Speaking of hotel occupancy, I just got an email from a locals casino for
>$60, FOR NEW YEARS EVE!



do they know you are a manager at rival powerhouse casino?


    
Date: 10 Dec 2008 18:01:56
From: chandler
Subject: Re: Las Vegas Economy in the tolilet
On Dec 10 2008 7:45 PM, Paul Popinjay wrote:

> "DaVoice" <davoicergp@cox.net> wrote in message
> news:HhZ%k.6998$qp2.5918@newsfe25.iad...
>
> >
> > You don't know the half of it, Mike. Hotel occupancy rate (with the
> > exception of the two months after 9/11/2001) had been at 95% + until about
> > 6 months ago when they plunged to 88%. The latest figure I read was 76%.
> > For a tourism driven town, we're kinda screwed right now. Watch teh
> > Casino stocks, they tell the story, too.
> >
> >
>
> Speaking of hotel occupancy, I just got an email from a locals casino for
> $60, FOR NEW YEARS EVE! That's unheard of.
>
> -Paul

$200 FP and 4 nights at Encore in January. I would have thought only
rollers would be getting offers so soon after the opening. I hate to
think good thoughts, but maybe there will be opportunities here.

Chandler

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Date: 11 Dec 2008 08:11:03
From: Paul Popinjay
Subject: Re: Las Vegas Economy in the tolilet
"chandler" <a5a7a9b@webnntp.invalid > wrote in message
news:kt8616xona.ln2@recgroups.com...

>
> $200 FP and 4 nights at Encore in January.


Holy shit, Chandler. You must be a real live one.




      
Date: 11 Dec 2008 18:30:12
From: chandler
Subject: Re: Las Vegas Economy in the tolilet
On Dec 11 2008 11:11 AM, Paul Popinjay wrote:

> "chandler" <a5a7a9b@webnntp.invalid> wrote in message
> news:kt8616xona.ln2@recgroups.com...
>
> >
> > $200 FP and 4 nights at Encore in January.
>
>
> Holy shit, Chandler. You must be a real live one.

I must be. 4 Queens, here I come. Can't wait to get out of the snow and
into a seedy casino.

Chandler

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Date: 10 Dec 2008 14:41:07
From: Paul Popinjay
Subject: Re: Las Vegas Economy in the tolilet
"Irish Mike" <mjostar@ameritech.net > wrote in message
news:z7X%k.7246$W06.4031@flpi148.ffdc.sbc.com...
>
> If this keeps up, look for some poker rooms to close.
>


I think there have been a few that closed recently. Maybe small ones, but
still.




   
Date: 11 Dec 2008 11:21:02
From: FangBanger
Subject: Re: Las Vegas Economy in the tolilet
On Dec 10 2008 4:41 PM, Paul Popinjay wrote:

> "Irish Mike" <mjostar@ameritech.net> wrote in message
> news:z7X%k.7246$W06.4031@flpi148.ffdc.sbc.com...
> >
> > If this keeps up, look for some poker rooms to close.
> >
>
>
> I think there have been a few that closed recently. Maybe small ones, but
> still.

which ones ? just curious


Those who can make you believe absurdities can make you commit atrocities.
Voltaire

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Date: 10 Dec 2008 14:26:16
From: hanks
Subject: Re: Las Vegas Economy in the tolilet
On Dec 10 2008 2:10 PM, Irish Mike wrote:

> "DaVoice" <davoicergp@cox.net> wrote in message
> news:DrW%k.24407$v37.2594@newsfe01.iad...
> > Nevada's statewide gaming revenues
> > http://gaming.nv.gov/documents/pdf/mrroct08.pdf
> > endured a decline of 22.3 percent in October, from $1.165 billion to
> > $904.9
> > million. This is the largest single-month decline in Nevada history.
> >
> > Gaming tax collections also fell 21 percent during the same month.
> >
> > In addition, gaming revenues plummeted nearly 26 percent on the Las Vegas
> > Strip alone, exceeding May's 15 percent drop.
> >
> > Stay with KVBC.com for more information on his developing story.
> >
> > Logon to www.kvbc.com for the latest news reports around the valley.
> >
> >
> > Rick "ADB DaVoice" Charles
> >
> > --
> > Rick "ADB DaVoice" Charles
>
> Which explains all the discount promotions Iand free-stay offers I've been
> getting from the major strip casinos every week. Hard to work up much
> sympathy for Vegas when you consider how they gouge tourists during their
> good times. If this keeps up, look for some poker rooms to close.
>
> Irish Mike
> >
> >
Once again we thank you for your brilliant observations duudhhhhh!!!

hanks

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