Less people are gambling in Las Vegas

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An increase in younger people visiting the city influenced this change.

The LVCVA released information that revealed a 4 percent drop of visitors gambling in Las Vegas.

US.- The Las Vegas Convention and Visitors Authority (LVCVA) reported that 69 percent of all visitors asked on the survey gambled whilst in Las Vegas. The number represents a 4 percent drop compared to 2015’s results, and they estimate that an increase in younger people visiting the city influenced this change.

As informed by Covers, one third of last year’s visitors were considered millennials, 24 percent up from the previous year. Approximately 71 of those who gambled only spent two hours or less inside the facilities, an important increase from the 50 percent recorded in 2015. Moreover, the average amount of money spent was US$620, almost US$100 more than two years before.

A recent report revealed that poker tables have been decreasing significantly in Nevada in the last few years: with a new closing at the Monte Carlo, the Strip now has a quarter of poker tables less than ten years ago. According to Associated Press, in 2007 Nevada featured 907 tables and collected US$168 million, whilst a year ago there were 661 tables, almost 250 less, and US$118 million reported. After the closing of the Monte Carlo Resort and Casino eight poker table, the Strip area will have only 19 rooms.