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Gambling near me madness 2016

Postby Moogudal В» 06.03.2020

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According to the Las Vegas Convention Authority , March of this year was the third-biggest ever from a tourism perspective. Over the course of the month, 3. ConExpo was just one of a number of conventions in Vegas during the month. There were , convention visitors, , of which came for ConExpo. The boom in visitors also resulted in an uptick for hotel room demand. While ConExpo only comes to Vegas once every three years, March Madness is an annual tradition which draws huge crowds to wager on the basketball tournament.

The take represents a more than percent uptick in sports betting across the state. That overall number is a seven percent increase from So needless to say, the activity was generated from NCAA basketball tournament. It was extremely strong and stronger on the win than the volume. Basketball hold was very high, at 9. Sports betting was not the only form of gambling to see year-over-year increases either. Both table games and slot take were up over The gambling take in March should not be ignored, but those numbers are more the result of the tourism boost as opposed to the cause of it.

Nightlife, restaurants, and retail are now a major part of the business. MGM Resorts is reaping similar benefits off non-gaming ventures. The casino company exceeded first quarter earnings expectations thanks, in part, to the continued success of T-Mobile Arena.

The future home of the NHL expansion team Vegas Golden Knights has been hosting major sporting events and concerts since it opened a little over a year ago.

MGM invested in building up the area around the arena as well, creating a number of new restaurants and bars in the area adjacent to Monte Carlo Casino and calling it The Park. The tourism numbers are doing great with these new innovations, but they will likely get even better once the NHL arrives later this year. That is not the only major sports franchise coming to Nevada either.

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