Taking the ‘Sin’ Out of ‘Sin City’: Has Vegas Lost Its Gambling Mojo?

More people than ever are jetting out to Las Vegas, but city-wide gambling revenue is falling. Sam Miranda investigates…

It seems that gambling may no longer be the backbone of the Las Vegas economy. While current tourism figures are healthy, visitors are spending less overall and fewer punters are hitting the casinos. According to the Review Journal, Las Vegas hotel occupancy in July 2013 stood at 90.6 per cent – a new record. However, Nevada gambling revenue reported a $1.35 billion net loss in 2013, the fifth straight year of losses.

'Grandissimo'

David Schwartz Director, Center for Gaming Research University of Nevada, chats with Peter White about his new book 'Grandissimo' a biography of Jay Sarno.

Could we start this interview with a history your from University to present day?

Richard Haddrill Visited with Jack Bulavsky During G2E Las Vegas

Richard (Dick) Haddrill became Chairman of the Board of Bally Technologies, Inc. in December 2012 after serving eight years as the Chief Executive Officer. He joined Bally as CEO in October 2004 and has served on its Board of Directors since April 2003.

Prior to coming to Bally Technologies, Haddrill was CEO for five years at Manhattan Associates, Inc., a leader in software solutions to the supply chain industry throughout the world. During his tenure there, the company expanded its product offerings and market share, more than tripled revenues, and increased its share price more than eight fold.

                                                      The HiT Group

Dimitrij Piciga MSc President of the Management Board Hit Company Interview with Peter White Publisher Casino Life