Gaming revenue drops dramatically in Stateline
While the statewide gaming win was slightly down in October, revenue fell dramatically in Stateline.
The Nevada Gaming Control Board on Wednesday said casinos across the state collected $954 million, which is down 2.6 percent from October 2012.
On the South Shore gaming revenue fell 23 percent to $12 million from the previous year.
Reno casino revenue dropped 1 percent to $43 million.
— Lake Tahoe News staff report
They need to loosen up the machines a little bit. People don’t want to travel up here just to lose when they can go to an Indian casino close to home to do the same.
October revenue down! Could be that some tourists didn’t want to get another parking ticket like they did at the beach this summer so they stayed away.
We need to be tourist friendly to attract TOT payers. sales tax payers and those who will enjoy their experience to come back repeatedly.
Something is wrong when revenue comparisons show South Tahoe down 10 to 20 times over the rest of Nevada.
Could it be that people are getting wise to those dirty bug infested hotels that should have be renovated hers ago Montblu what a joke they still have signs of Ceasars Palace “C” on many of the doors
Put some money Back in the properties maybe the tourists will come back. Can’t fix stupid…..
While the casino industry has been exporting their business (and the jobs that go with it) for decades now, one of its’ “founding places” – Tahoe – has been floundering ever since. . . while many would like to blame “Indian” casinos, they are not paying attention to the fact that the above-mentioned ‘casino industry’ has major management contracts and investments with/in those same “Indian” casinos, while forgetting about their ‘roots’, such as Bill Harrah and, to a lesser degree, Harvey Gross.
Absent those local anchors, the corporate side dictates what is best for themselves, not the locales they occupy – so, for example, ‘Harrah’s Tahoe’ is rendered to the bottom rung of the enterprise ladder, instead of garnering the respect of being the place where it started – with disastrous results. . .
Tahoe, in the meantime, cannot recover, absent the draws that made them prominent in the first place, as they play ‘second’ or ‘third’ fiddle to the investing of funds everywhere but here, regardless of whether TRPA has an Update or not. . .
And yet, articles continue to be written about the impending and continuing drops in business, versus any focus on what might be done about it. . .Lake Tahoe is indeed a beautiful place, but without a major marketing campaign to go along with any truly-new emphases – which are not here (yet ?), there will be no alternative.