- As seen in the chart below, monthly Strip non-Baccarat drop and NV taxi traffic closely track each other – correlation coefficient of 0.57 and a t-stat of 9.0
- March taxi traffic declined 5.2% and while the comp was difficult at +10.9%, so was the non-bacc drop comparison, +6.2%
- Following a strong January when GGR grew 15%, February was weak at –4% and now March is looking potentially lower as well
- These are not exactly the figures of a ‘strong Las Vegas recovery’
