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1998 Fiscal Year: Downtown Las Vegas Casinos with Gaming Revenue of $1,000,000 and Over Representing 18 Locations

Revenue

Department

Revenue ($)

Percent

Gaming

683,125,890

60.8%

Rooms    

140,896,169

12.5%

Food

160,104,426

14.3%

Beverage

52,416,532

4.7%

Other

86,626,820

7.7%

Total Revenue

1,123,169,837

100%

             
                       
Average Number of Employees For The Year

Department

# of Employees

Casino  

6,770

Rooms  

2,392

Food

4,425

Beverage

1,215

G & A

2,965

Other

733

Total

18,500


Rate of Room Occupancy

Month

Available

Occupied

% Occupied

July   

312,940

272,290

87.19%

August   

309,362

290,162

93.79%

September

304,414

269,641

88.58%

October  

310,207

280,954

90.57%

November    

302,259

267,695

88.56%

December     

317,318

259,091

81.65%

January

311,753

274,612

88.09%

February   

285,436

268,692

94.13%

March   

318,883

302,014

94.71%

April  

304,681

285,748

93.79%

May

314,725

293,268

93.18%

June   

308,749

273,817

88.69%

Total  

3,700,727

3,338,531

90.21%

                                                        

Per Room Per Day Statistics

Average Pit Revenue Per Room Per Day

$53.85

Average Slot Revenue Per Room Per Day

$145.51

Average Food Sales Per Room Per Day

$47.96

Average Beverage Sales Per Room Per Day      

$15.70

Average Rooms Dept. Payroll Per Room Per Day

$18.53

Average Room Rate Per Day

$42.20


Gaming Revenue Per Square Foot of Floor Space  

Area

# of Casinos  Operating

Average Area (Sq. Ft.)

Gaming Revenue/ Square Foot ($)

Pit

16

8,924

1,259

Coin Operated Devices

18

22,399

1,205

Poker and Pan

4

1,475

1,082

Race and Sports

11

2,984

294

Total Casino

18

32,482

1,168


 

Complimentary Expenses

Department

Expense ($)

Dept. Percentage

Not Reported in Departments

35,778,139

3.2%

Casino

90,421,646

13.2%

Rooms  

3,196,739

2.3%

Food  

1,064,952

0.7%

Beverages

35,973

0.1%

Other     

620,631

0.7%

Total

131,118,080

N/A

                                                                         

Downtown Las Vegas Gaming Statistics

1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985
1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004
2005 | 2006 | 2007
| 2008

Nevada | Las Vegas Strip | Downtown LV | Reno/Sparks | Laughlin | Elko County

Atlantic City | Colorado | Illinois | Iowa | State Comps

All data compiled from Nevada Gaming Abstract. Carson City, Nevada: State Gaming Control Board, Securities and Economic Research Division, 1971-2008.

This project was sponsored by a grant from the UNLV Libraries Advisory Board.

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