Downtown Vegas is rocking and there are lots of people knocking.
when April’s numbers came out last week, it was downtown’s revenues that raised more than a few eyebrows. Downtown’s casinos raked in more than $48 million, a nearly 25 percent jump over April 2011.
If you follow any Las Vegas blogs you have had to notice a shift of news from the strip to downtown. Besides The Linq, there’s not much exciting being built on the strip. Downtown Vegas is another story. There has been non-stop rejuvenation over the past few years. Right now major hotel renovations are happening at Golden Gate and the D, which used to be Fitzgeralds.
If you follow my writing on Vegas Chatter, you may remember the article I wrote about “The Growing Separation of The Strip and Downtown Vegas” and that difference may be seen in this gaming growth.
While the strip shuns gamblers to attract people looking to drop $1,000 on a bottle of Grey Goose, the gamblers are heading downtown to be with other gamblers. And the hipsters are heading to the cool Fremont Street Bars.
I love the strip, but I’ve been spending more and more time downtown. It’s much more relaxed downtown. It feels fine to eat pancakes at DuPar’s for every meal when I’m staying downtown. When I’m on the strip I, almost, feel forced to enjoy a more upscale meal and stay.
Both are great and both are different but not everyone can afford the upscale prices. This separation has always been in Vegas, but with downtown being not being a dump any longer it’s a real viable option for many.
While downtown probably shouldn’t expect 25% gaming revenue increases every month, they should expect that growth to continue while the strip continues to shun gamblers.
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