Takeaway: LV Strip slot business unattractive over the near and long-term

  • Slot volumes have not grown across a 10 year span and these numbers are not even inflation adjusted
  • Weakening demographics - older and fewer slot players - play a big role in the stagnant growth.  Despite all the efforts to cultivate a younger customer base, the post baby boom generations are not playing the slots.
  • YTD, slot volumes have declined 2%, not exactly representative of a recovery

CHART DU JOUR: NOT MUCH CHA-CHING IN SLOTS - SLOTV