Declining Gaming Revenues and Air Traffic Continue to Plague Vegas

Amy Calistri

Summer is considered the "off season" in Las Vegas as many tourists pass on the desert destination in the heat of July. But July 2008 was more off than usual, as challenging economic conditions continue to take their toll. Last week the Nevada Gaming Control Board issued their monthly report indicating that gaming revenues were down 12.97% in July 2008 compared to July 2007. Clark County turned in worse numbers than even the state average; Strip revenues were down 14.67%, downtown dipped 16.39% and Mesquite was off 32.42%. + more.