LAUGHLIN – Gaming revenues and visitor volume took their biggest monthly hits in years in Laughlin in February, according to the Las Vegas Convention and Visitors Authority.
Gaming revenues declined 19.2 percent over February of 2008 falling from $56,012,000 to $45,285,000 in 2009.
Visitor volume dropped 17.2 percent from a year ago from 249,506 in 2008 to 206,563 this February.
But, the biggest decline came in convention attendance as it fell 21.2 percent from 14,196 in 2008 to 11,189 this year.
The declines came despite casinos dropping room rates 3.4 percent from $39.26 per night to $37.94 trying to lure more overnight guests. Occupancy rates still fell by 6.1 percent.
Numbers of visitors who came via air, landing at Laughlin/Bullhead International Airport, fell by 8.6 percent from 26,884 in 2008 to 24,564 this February.
The final key statistic is an 8.7 percent drop in average daily auto traffic on Highway 163. In February of 2008 the average daily auto count was 6,713 and this February it was 6,132.
0 Comments