{"id":1061,"date":"2025-09-27T01:51:05","date_gmt":"2025-09-27T01:51:05","guid":{"rendered":"http:\/\/www.chuckwardrealestate.com\/?p=1061"},"modified":"2025-10-06T11:51:36","modified_gmt":"2025-10-06T11:51:36","slug":"vegas-visitation-slump-persists-despite-3rd-consecutive-month-of-gaming-revenue-growth","status":"publish","type":"post","link":"http:\/\/www.chuckwardrealestate.com\/index.php\/2025\/09\/27\/vegas-visitation-slump-persists-despite-3rd-consecutive-month-of-gaming-revenue-growth\/","title":{"rendered":"Vegas Visitation Slump Persists Despite 3rd Consecutive Month of Gaming Revenue Growth"},"content":{"rendered":"

The Las Vegas Convention and Visitors Authority (LVCVA) reported on Friday that August marked the eighth straight month of year-over-year visitation declines, with a 6.7% drop compared to last year. Despite this, gaming revenue continued its upward trend for the third consecutive month.<\/p>\n

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The continued bad news as rendered by AI. (Image: Microsoft CoPilot)<\/figcaption><\/figure>\n

Though August\u2019s visitation drop was only 6.7% year over year — less than the double digits seen earlier this year \u2013 every month in 2025 has seen a year-over-year visitor decrease of at least 1%, with most ranging 5-10%. Year<\/p>\n

-to-date totals show a 7.8% decrease, with the number of visitors shrinking from 28 million to 25.8 million — a loss of 2.2 million.<\/p>\n

August\u2019s convention attendance, the singular bright spot for the region in 2025, fell 8% to 587,000 \u2013 largely due to the World Market Center summer show, which attracts 40,000 attendees, shifting from August to July.<\/p>\n

Hotel metrics mirrored the downtown. August occupancy rate averaged 77.5%, down 3.7 percentage points from last year, with average daily rates dropping 7.4% to $162, resulting in revenue per available room (RevPAR) falling 11.7% to $126.<\/p>\n

Strip properties saw occupancy decline from 84.5% to 81%, with average daily rates decreasing from $186.06 to $172.83 and RevPAR dropping 11%.<\/p>\n

This news came the same day LVCVA ended the first areawide Las Vegas \u201csale\u201d in the region\u2019s history — featuring over 100 discounts of up to 50% at casinos restaurants and entertainment venues — as a desperate attempt to turn visitation around.<\/p>\n

Lone Bright Spot: Gaming Revenue<\/h2>\n

The Nevada Gaming Control Board also announced its monthly numbers on Friday, and they were much better. Clark County\u2019s (Las Vegas) gaming revenue rose 5.3% to $1.03 billion last month. And the Strip\u2019s gaming win grew 5.5% to $679.3 million, up 5% year-to-date.<\/p>\n

Baccarat was the key driver, with the Strip winning $114.4 million on the table game in August, a 51% increase from last year, and up 29% over the past three months \u2013 though still down 3% over the past 12 months.<\/p>\n

The post Vegas Visitation Slump Persists Despite 3rd Consecutive Month of Gaming Revenue Growth<\/a> appeared first on Casino.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Las Vegas Convention and Visitors Authority (LVCVA) reported on Friday that August marked the eighth straight month of year-over-year visitation declines, with a 6.7% drop compared to last year. Despite this, gaming revenue continued its upward trend for the third consecutive month. The continued bad news as rendered by AI. (Image: Microsoft CoPilot) Though August\u2019s visitation drop was only […]<\/p>\n","protected":false},"author":1,"featured_media":1063,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"_links":{"self":[{"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/1061"}],"collection":[{"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/comments?post=1061"}],"version-history":[{"count":2,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/1061\/revisions"}],"predecessor-version":[{"id":1064,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/1061\/revisions\/1064"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/media\/1063"}],"wp:attachment":[{"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/media?parent=1061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/categories?post=1061"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/tags?post=1061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}