Las Vegas Strip Revenue Slips 4.7% in August (LVS)

Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $908,240,074 for the month of August 2015. This amounts to a 1.39% decrease compared to August 2014, when licensees reported a gaming win of $921,016,033. For the fiscal year (July 1, 2015 through August 31, 2015), gaming win has decreased 1.17%.

Las Vegas Strip revenue fell 4.66 percent to $527,382,779. YTD 2015 LV Strip revenue is down 3.4 percent to $1,052,352,349.

Stocks on watch include: Caesars Entertainment (Nasdaq: CZR), Las Vegas Sands (NYSE: LVS), MGM Resorts (NYSE: MGM), and Wynn Resorts Ltd (Nasdaq: WYNN).

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