Stateline casino revenue drops, statewide it’s up
Gaming revenues were off by 2 percent in Stateline for November compared to 2012. But that’s an improvement over the 23 percent drop in October.
The South Shore casinos collected $17 million.
The Nevada Gaming Control Board on Monday said revenues increased 11.9 percent statewide for the month. Gamblers lost $875.9 million.
Revenue in Reno was up 17 percent or $43 million.
— Lake Tahoe News staff report
The message which the Casinos need to get is that Reno and the rest of Nevada are doing something to attract customers which they aren’t.
I was recently in Las Vegas on a business trip. What a world of difference from Stateline.
The food in the hotels was very good, the price – very reasonable. The room rates were rock bottom, and they had every nook & cranny of the casino floor open for business. To boot, I was not on the strip!
Go down to Reno, same thing. Affordable quality dining to attract the patrons, good entertainment, gaming floor open for business, and promotions to attract and retain the customers.
I suggest a visit to the “Horizon” casino and just look around.
At least the graffiti tours are interesting to some people on south shore.
Reno, and especially Vegas, of course have lots of competition. All the competitive efforts increase the pie for everyone!
Sure would be great if the rumor that’s been around seemingly for ever, that Harrah’s/Caesars plans to sell Harveys, would come true! That corp. has never used their large gaming stake in our town as a means to grow South Shore’s gaming bus. And Caesars Corp. desperately needs to reduce its debt!
More competition for our town, and less debt for that corp. Heck, it could be a ‘win-win’!
48 states now have some form of legalized gaming. Time for Nevada to invest on a large scale in renewable energy and the education in renewable energy technologies.