Archive for August 12th, 2008
Breaking Casino News!
Holy cow it’s official! I don’t think the good people of Nevada are used to this sort of thing, but with the US economy faltering it seems that casinos across the State are feeling the effects. For the second time since last year the June figures report that casino revenue is down 1.9%. Fortunately this still translates to a win of $12.5 billion so it’s not complete doom and gloom. (For more on this read my casino blog post: Casino Revenue Down in Nevada)
I know I was a little flippant with my previous posts (see link above and here) but I’ve changed my mind after reading more and more reports about the downturn. This is not such a great thing. Yes I guess the fact that less people are driving to Nevada (causing less pollution and greenhouse gasses) is a good thing, but I’m a little worried about people losing their jobs in a tight economy.
Do any of you have thoughts on this subject? How do you think casinos (and not just those in Nevada) can get more people back at the tables? Do you think this is a bonus for online casinos because it makes online casinos a more viable casino destination? Leave your comments below…
Cheers for now
Justin
