Friday, February 6, 2009

Reports: Gaming revenue down, <b>casino</b> debt climbing - Las Vegas Sun

Average Las Vegas Downtown casino debt rose to $92.9 million from $6.7 million in 2007. Jefferies & Company said debt significantly rose related to the building of CityCenter, Encore, Cosmopolitan, Fontainebleau and privatization of Harrah’ s. ..... Some operators have turned from "energy tax" into this "resort amenty fee" or "resort fee (Boyd Gaming)" without giving a real counter-value back to the customer. Strip casinos still don't have this policy, locals' casinos do. ...

Source: http://www.lasvegassun.com/news/2009/jan/30/reports-gaming-revenue-down-casino-debt-climbing/

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