Fewer Visitors, Same Amount of Gaming in LV

Las Vegas is attracting fewer people, but they are spending just as much money. That’s just some of the facts contained in the annual visitor’s profile by the Las Vegas Convention and Visitors Authority.

Although fewer people are visiting Las Vegas, they are gaming about the same, according to data published last week in the annual visitor’s profile by the Las Vegas Convention and Visitors Authority.

The average visitor to Las Vegas last year spent $527.05, similar to what it was in 2017, but short of the $600 spent in 2016.

Meantime the city is seeing fewer first time visitors: only 18 percent compared to 21 percent in 2017 and 27 percent in 2016. Moreover, repeat visitors come less frequently and stay for fewer nights.

At the same time conventions, which the Authority considers about as important to the economy as gaming, are drawing 8 percent of visitors, compared to 11 percent in recent years and 9 percent four years ago. More than half of visitors have a household income of $80,000 or higher.

But one thing the overwhelming majority of visitors say is that they were satisfied by their experience.

Millennials, the demographic everyone is interested in now, made up 38 percent of visitors to the city last year.