Modest slowdown in Las Vegas seen in October, especially from VIP travelers

Share:

A modest slowdown in high-end Asian travelers to Las Vegas following the Oct. 1 attack is showing up in early business trends for October.

“What we’ve seen just in terms of demand is on the higher-end VIP gaming customers that confirmed kind of what Caesars has said,” John DeCree, an analyst at Union Gaming in Las Vegas, told CNBC. He added that the Las Vegas Strip’s leisure business was “off a little bit,” although he added that this time of year tends to be a seasonally slow period anyway for Las Vegas.

On Tuesday, Caesars Entertainment’s CEO was asked about Las Vegas Strip trends during the casino company’s investor and analyst meeting in New York.

Investors will get a chance to learn more details on Vegas trends as Las Vegas Sands reports after the bell Wednesday and Wynn Resorts on Thursday.

[contentcards url=”https://www.cnbc.com/2017/10/25/modest-slowdown-in-las-vegas-seen-in-october-trends.html” target=”_blank”]
Share:
No Comments Yet

Leave a Reply

2021 © True Pundit. All rights reserved.