CHART DU JOUR: STRIP SLOTS – A SECULAR DECLINE

09/21/12 02:33PM EDT

Rationalization or decline, call it what you will but we don’t see it as a good trend

  • At 46,000 and still declining, the number of slot machines on the Strip is back to levels not seen since 1993.
  • Regional gaming expansion has had its impact and that pressure won’t let up with a significant number of new markets likely over the next 5 years.
  • Unfortunately, a lot of profit margin lies in slots and bad demographics should continue to be a headwind.

CHART DU JOUR: STRIP SLOTS – A SECULAR DECLINE - vegas1

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