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Las Vegas Sands Corp. Message Board

  • casino2761 casino2761 Aug 3, 2013 10:04 AM Flag

    WHY NOT TELL TRUTH ABOUT VEGAS GAMING ACTION ,, VEGAS MESSAGE BOARD POSTERS LIED !! ??

    VEGAS WAS DEAD IN JUNE " MY QOUTE" VEGAS LOCALS AND VISITORS POSTED NO DECLINE IN TOURISTS ,,, WHY LIE FIGURES TELL THE TRUTH !!! ??

    By HOWARD STUTZ 8/2/13
    LAS VEGAS REVIEW-JOURNAL ::The Gaming Control Board said Friday that Nevada casinos collected almost $792.5 million from gamblers in June, a decline of 4.81 percent compared with more than $832.5 million collected in the same month a year ago.

    On the Strip, gaming revenues fell 10.1 percent in June to $434.7 million.

    BY LAURA CARROLL 8/2/13
    LAS VEGAS REVIEW-JOURNAL

    Hotel occupancy in June was 90.8 percent, down 0.6 percentage points from June 2012’s 91.4 percent. June’s motel occupancy was 57.3 percent this year, compared with last year’s 57.8 percent.Through June, Las Vegas visitation is down 0.3 percent year-over-year to 19.86 million people, from 19.93 million in 2012. June visitation also was down, 0.9 percent, to 3.36 million visitors, compared to 3.39 million in June 2012, the Las Vegas Convention and Visitors Authority reported Friday.

    VEGAS LOCALS ,,PLEASE DON'T PAINT A VEGAS PICTURE THRU ROSE COLORED GLASSES !!
    IT IS NOT FAIR TO INVESTORS SEEKING HONEST UNBIASED TRUTH !! YOU LVS MESSAGE POSTERS KNOW WHO YOU ARE POSTING VEGAS WAS MOBED AND THE CASINO FLOORS WERE FULL AND THERE WAS PLEANTY OF OVERTIME FOR WORKERS !!

    ""SPINMEISTER""

    Sentiment: Strong Sell

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    • When I go to vegas and notice vegas is dead ,, please don't tell everyome that the casino was packed !! My self and others posted we noticed a loss in visitor numbers !!

      Just be honest in the coments please !!
      Numbers don't lie people do !!

    • 30k less visitors than last year. WOW I had better dump everything and move out as the town is dying. Yes there is less gaming this June but a 2% gain for the full year. Have you not seen the ER's for the gaming co's. The trend has been gaming slow but okay, ADR is up 8% YOY, operating expenses and comps down ( 10% at BYD ) LVS and WYNN both increased profit. The big deal is the food and beverage and other profit drivers. The 25$ resort fee is big for MGM with 40k keys based on only 80% full amounts to 800 k a day that was not there before. I guess what I am saying is gaming is a much smaller percentage of a casinos overall take than it was back in 07 and the operators are finding new ways to earn and new ways to save on cost. Look for MGM to beat on est. Not by much but they are doing better even though we are 30k visitors light

    • Everything I said is true..I think part of the answer is in the number of Asian tourists who are here with charters.. They are buying clothes at the malls and not gambling..The strip is busy and the casinos I have gone to are busy. Mandalay Bay has been at over capacity and my wife has been working all the overtime she wants. If you make the effort, you can document that..The discrepancy must be at some of the older casinos like Circus Circus, Imperial Palace, Stratosphere and such are slower. The head count difference is less than 1%.. Over a month, you are not going to see such an insignificant number by sight..No one is trying to mislead.. No one is lying. You are just trying to make it sound like it is the end of Vegas for your own self served purpose.

      Sentiment: Hold

 
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