Las Vegas Gamblers Fold ‘Em

Las Vegas visitors reportedly wagered less in 2009 than in previous years- more than $50 less. 

A Las Vegas Visitor Profile released by Las Vegas Convention and Visitors Authority found the average gambler budgeted about $481 per trip last year. That compares with almost $532 in 2008, more than $555 in 2007 and nearly $652 in 2006. 

Gambling was just the tip of the economic iceberg:  lodging, dining, shows and shopping were also casualties.  The study found hotel spending per night was down 25% in 2009, to about $76; the average cost of a tour package was down 14%, to about $640; and the total spent on restaurants was down 8%, to about $250. Spending on shopping was down 16%, to about $102. Visitors spent an average of about $40 on shows, down 23%.

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