While the Strip gets attention from customers and investors for its frequent revenue growth, gaming industry watchers may look to the Las Vegas Valley’s east side for an idea of how a typical locals casino customer is spending — and what that suggests for the area’s future gaming growth.
The Boulder Highway subregion of the Las Vegas locals market is seeing tougher year-to-year comparisons in gross gaming revenue, a trend Wall Street analysts and industry watchers attribute to weaker visitation and spending for lower-end customers. Gross gaming revenue for the 30 non-restricted casinos making up the submarket is flat for the current fiscal year, according to statistics from the Nevada Gaming Control Board released Thursday.
