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Tourism in Las Vegas continues to decline as fresh figures reveal fewer visitors travelling to Sin City.
The Las Vegas Convention and Visitors Bureau (LVCVA) recently announced its numbers for visitors in July, down 12% from last year.
Compared to over 3.5 million last year, there were 3,089,300 visitors this July, but strip occupancy fell 7% from 86.5% last year.
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Declining tourism This is due to a combination of factors, including tariff effects, seasonal summer slowdowns, and a surge in online gaming.
Most recently, Golden Gate Hotel & Casino announced that it will be building up and shifting live dealers. Electronic table games (ETG).
Golden Gate Hotel & Casino has replaced live dealers with electronic gaming tables. (virca casino & resort)
Owner and CEO Derek Stevens spoke to Fox News Digital about the ongoing evolution and sharing updates.
“I think things keep changing. At one point, I remember people playing SIC BO. [a fast-paced dice game with Asian origins]Stevens said.
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“Remember, whether it’s in Vegas or anywhere in the world, there are so many games that have been around for a time and a life,” he added.
Stevens said he believes ETG represents another change in the industry. Consumers are more comfortable Their phone Following the coronavirus pandemic.
“Regardless of whether it’s in Vegas or anywhere in the world, there are a lot of different games that have been around for a time and a run,” said Derek Stevens, pictured above. (Fox News Digital)
“Some of this has to do with how good these new e-table games are and how good some of these new high-limit slot machines are,” he said.
“The slot business has done a great, amazing job of attracting new customers, both old and young.”
Given that the slot machine is still a hit, Stephens told him he saw an influx of traffic Other hotelscirca resort & casino and ETGS will be brought in.
There were 3,089,300 visitors in Las Vegas this July, compared to more than 3.5 million people last year. (istock)
“I think [people] Slots were used to say there were more introverts. In these new games it’s completely different. The slot is now People play in groups – And there are many screams and screams that come with it. ”
He added what it is like for a table game. Sharing it is “continuous evolution.”
“There’s a lot of screams and screams that come with it.”
Stevens said he made changes to drive more people to Golden Gate Casino by changing the demographics of his clients.
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“We think it’s going to be great Las Vegas Because we’re going to bring a lot of value back to the table,” he said.
Stevens said Golden Gate dealers have moved to other casinos, Las Vegas or circulation.
The Las Vegas Strip occupancy has dropped by 7% from last year. (istock)
“When I look at the future of Las Vegas, [think] a bit [is] It is related to economy Generally. Now [there’s been] A small fork in the market. ”
Stevens said he continues to see continued growth in the high-end market, but that’s “a kind of hurtful other side.”
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“I think the interest rate levels we’re currently at are disproportionately hitting one end of the market,” Stevens said.
Mortgage costs are expected to fall as interest rates are expected Car payment Americans should also fall, Stevens said.
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“I don’t think it’s all equally widespread,” he said. “But as interest rates drop, I think it will help overall and expand the economic foundation.”
