Making the News

Business Insider

Originally Published:Thursday, July 12, 2012
http://www.businessinsider.com/las-vegas-strip-revenues-down-over-18-in-may-2012-7

Las Vegas Strip Revenues Plummet

By Ben Duronio
Business Insider

"When people gamble, it has to be a function of discretionary income and the wealth effect," according to Michael Pollock, managing director of Spectrum Gaming Group. "So after people's home values diminish and their stock portfolios shrink, they spend less on gambling."
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