Las Vegas Casino Revenues Up Double Digits From Last January

Posted on by & filed under Nevada by the Numbers Blog.

Our friends at Deutsche Bank have crunched the underlying gaming stats for January. They found that January revenues on the Las Vegas Strip were up 14.4% year over year, while off-strip locals saw a gain of 13% over the same period. They also have the breakdown for Strip games:

 

Strip Slots:

Slot Revs +6.1%

Slot Handle -0.1%

Slot Hold +53 bps

 

Strip Baccarat:

Baccarat Revs +52.5%

Baccarat Drop +44.3%

Baccarat Hold +92 bps (17.1% versus hold of 16.2% in January, 2016 and an LTM average of ~14.6%)

 

Strip Non-Baccarat Tables:

Non-Baccarat Table Revs +4.4%

Non-Baccarat Table Drop -0.4%

Non-Baccarat Table Hold +67 bps

 

Strip Total Tables:

Total Table Revs +22.8%

Total Table Drop +14.7%

Total Table Hold +102 bps