\nChina is the single largest outbound travel market in the world in terms of spending,” explained Matthew Dass, an economist with Tourism Economics.<\/p>\n<\/blockquote>\n
The novel coronavirus that spread from Wuhan, China, has brought the global travel boom to a screeching halt. The slowdown from China into Las Vegas will reduce baccarat revenue, which always plays a substantial role in monthly casino GGR.<\/p>\n
The Las Vegas Convention and Visitors Authority (LVCVA) says no events have been canceled as a result of the coronavirus, the agency explaining in a statement, “Our resort partners continue to monitor COVID-19 and coordinate with health officials.”<\/p>\n","protected":false},"excerpt":{"rendered":"
The Las Vegas Strip kicked off the new year in style, as casino win surged 7.5 percent to more than $572.1 million. The Strip was fueled by a strong monthly showing on baccarat tables, which won nearly $110 million for the 51 licensed casinos \u2013 a 16.25 percent increase. Blackjack also fared well \u2013 up […]<\/p>\n","protected":false},"author":25,"featured_media":128445,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,33810],"tags":[],"acf":[],"yoast_head":"\n
Las Vegas Strip Begins New Decade Strong, But February Bleak<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n