CHART DU JOUR: IT’S ALL ABOUT SLOT VOLUME

We’ve always believed that slot volume is the ultimate indicator of a Vegas recovery

 

  • Our predictive model has been proven effective in projecting monthly slot volume on the Strip as indicated by the high correlation between the red and blue lines
  • MGM is as close to a Strip pure play as there is and its stock has closely tracked changes in slot volumes on the Strip
  • We’re not optimistic about slot trends over the near term and maintain that Vegas may be in a secular slot decline due to poor demographics and an aging core slot customer base

 

CHART DU JOUR: IT’S ALL ABOUT SLOT VOLUME - strip2


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