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aug
30

Las Vegas Could Set New Record in Visitors...

Tags: casinos, economy, Las Vegas, record, vistors.
Posted on 30 August 2013 by "T".

The gambling mecca of the world might see another visitor record this year as 24.4 million visitors already have flown there this year - almost the same 7-month span as last year. Close to 40 million people flew into Las Vegas' McCarran International Airport in 2012 and broke the previous record of 39.2 million, which was set in 2007.

Figures show that 2012 saw a 4.8-percent increase in overall gaming revenue compared to 2011. In total, the gaming revue in 2012 amounted to an incredible $37,34 billion! The increase in visitors is a clear sign that the economy is picking up after the Great Recession struck the world economy in 2008. Another two contributors are the increase of commercial casinos and flights in the past 2 years.

Source: Las Vegas Review-Journal


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12 comments for "Las Vegas Could Set New Record in Visitors..."

 mascona30/08/2013 13:48:50 GMT
Viva Las Vegas !!! They collect almost half of yearly budget of my country during a sesson there.
 roeish301/09/2013 07:39:28 GMT
I wander if there are bets on breaking the record. I would bet it does break.
There seems to be no real correlation between the world and US economic situation and the prosperity of Vegas. One would think there should be.
 ACK01/09/2013 19:00:40 GMT
You know, what they say..if you haven't been to Vegas, probably you haven't dreamt of heaven yet! m/
 Macubaas01/09/2013 20:56:54 GMT
Thats cool, there were rumors hat more and more people go to vegas but here are the first hardcore evidence.

Anyways this is a good thing for sure, lets hope that they'll really brake it Smile
 demodawggy01/09/2013 22:48:14 GMT
I would think that mostly comes from visitors from outside the U.S. because most Americans are flat broke... I can tell that from my floundering eBay sales...

...although, the economy down there is on a big comeback now thanks to the sane economic policies of the Obama administration...

It never fails when a Republican government comes into power down there that the US economy is left in complete shambles... Confused
 mascona03/09/2013 04:26:28 GMT
Southern Nevada is nearing a third year of “modest recovery,” and is set for more significant improvement in late 2013, said Steve Brown, director of UNLV’s Center for Business and Economic Research. The local economy should shake off its meager expansion rate and post noticeable gains between mid-2013 and mid-2014, as the U.S. economy picks up and conditions improve out West.
Local unemployment should retreat to 9.9 percent in late 2013 and 9 percent by the end of 2014. Personal income should tick up from $74.4 billion in 2012 to $76.8 billion in 2013, and $79.5 billion in 2014.
Tourism indicators are pointing up as well. Visitor volume will jump from 42.7 million in 2012 to 43.6 million in 2013 and 44.6 million in 2014. Gross gaming revenue will go from $9.4 billion to $10 billion through 2014.
 cucho31604/09/2013 04:51:55 GMT
they should add to this stats the hotels capacity % used until this date to have a more accurate number of the real visitors of the sin city (not only just how many people flew there). for instance, i've once benn to vegas and traveled there by land, so they should consider other variabilities in this measurements.

finally, 37.34 billions!! just wow, it's an unimaginable number for anybody, imo
 asowood05/09/2013 20:33:42 GMT
it's nice to know that kind of news.. But why is it that there are a lot of on-line poker sites which does not allow US players?
 Macubaas06/09/2013 21:23:29 GMT
asowood, the answer to your question is pretty simple mate...

In couple of words the online gambling is not regulated in US so they decided to ban it. Still, it should only be a matter of time until US players will play again.
 mascona09/09/2013 13:09:57 GMT
Currently, 37 U.S. states allow online betting on games that require at least a moderate degree of "skill." Only three states -- Nevada, Delaware and New Jersey -- have legalized gambling on games of "chance," which, under the law, includes poker.

"The game-of-skill space has not been very well understood," said Andrew Paradise, the CEO and founder of Skillz, which launched a U.S. betting platform for skill-based mobile games in April and partnered with Glu Mobile (GLUU) in May. "The determination can be confusing between games and between states, both for players and companies. But the business opportunity is big."

Globally, it's huge: Analysis firm Juniper Research estimates that gambling on mobile devices will hit $100 billion worldwide by 2017.
 noonlion09/09/2013 13:23:53 GMT
People have money its just redistributed.

Vegas always attracts people. And gambling increases in hard times I would imagine, despertation etc.
 doubletop77719/11/2013 13:56:33 GMT
Wow, 40 million people flew into Vegas in one year. I wonder how many left with more money than they come with. Great city and i am not surprised how many people went.

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