Take a look at these year/over/year statistics for Vegas for February:
http://www.lvcva.com/getfile/ES-Feb2009.pdf?fileID=37
Convention attendance down 34%
Average Daily Room Rate $ down 23%
Overall Visitor volume down 8%
Room supply up 3.9%
Gaming Revenue down 17.9%
In short -- SHORT the gaming stocks. Once this bull move is over in the market, these stocks are going back down, again.
Oh, and visit vegas. We are -- paying only $140 a night to stay at the Bellagio -- a STEAL!
Showing posts with label MGM. Show all posts
Showing posts with label MGM. Show all posts
Wednesday, April 15, 2009
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