Posts Tagged ‘las vegas’

Look for Casino Revenue-Driving Tools at G2E

by Jason Q. Freed, Managing Editor |

When you arrive on the Las Vegas Sands show floor for Global Gaming Expo next month, expect the newest bright and shiny slot machines, with this year’s focus on novel social games catered to millennials. Among the shiny new toys and head-turning booths, you’ll see a smattering of mostly understated suppliers dedicated to back-of-house technology. Ironically, it’s the least sexy tools that have the potential to make or break the success of your business.

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More Competition Coming to the Las Vegas Strip

by Jason Q. Freed, Managing Editor |

With little development over the past half-decade in Las Vegas, particularly on the Strip, area casinos and hotels have been able to capitalize on a rather imbalanced supply-demand equation. Resorts on the Strip benefitted from strong demand in a time of little new supply, pushing Revenue Per Available Room from $108 in 2008 to $148 in 2011, according to the Las Vegas Convention and Visitors Authority.

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Wynn Confirms Casinos’ Increased Focus on Non-Gaming Revenue

by Jason Q. Freed, Managing Editor |

According to casino mogul Steve Wynn, none of the casino resorts he has owned and/or operated — Mirage, Golden Nugget, Bellagio, Encore, to name a few — have ever done as much in gaming revenue as they have from amenities off the casino floor.

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G2E Panel: Casinos’ Non-Gaming Revenue a Major Growth Opportunity

by Mark Brandau, Director of Content |

Historically in the casino business, non-gaming amenities like food and beverage, golf and especially hotel rooms were giveaways for enticing gamblers. But several industry pros gathered for a panel at last week’s Global Gaming Expo agreed those accommodations can and should be profit centers for casinos.

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How to Start Analyzing Total Casino Guest Spend

by Joe Hetsko, Solutions Engineer, Global Casino Accounts |

Determining who your most profitable guests are in a casino is usually based on gaming spend. But what about those who spend hundreds and thousands of dollars on hotel stays, night clubs, day spas and all of the other amenities your property offers?

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