The Laughlin gaming market is in a bit of a quandary. Gaming revenues keep inching upward, but visitation continues to drop. The latest numbers for the month of May show the trend continuing for the fourth month in a row.
Gaming revenues from the nine resorts in Laughlin were up 1.6 percent over the same month last year with $38.9 million being reported to state regulators. It was the fourth consecutive month that Laughlin reported an increase in gaming revenues over last year and the sixth time in eight months the town has reported gains.
While gaming revenues were up again, Laughlin’s visitor volume was down– again. According to figures from the Las Vegas Convention and Visitor’s Authority (LVCVA), there were 8.2 percent fewer people visiting Laughlin in May. The LVCVA says that there were 162,819 people who visited Laughlin this year compared to the 177,275 who visited during May 2014. It was the fourth consecutive month that the number of visitors in Laughlin was down when compared to last year.
Ironically, the last time Laughlin posted an increase in visitor volume was in January, which was also the last month the town reported a decrease in gaming revenues.
For the year, Laughlin’s gaming market has experienced 2.5 percent growth over last year, but visitor volume is down 7.4 percent.