Making the News

Paulick Report

Originally Published:Friday, February 5, 2016
http://www.paulickreport.com/news/ray-s-paddock/las-vegas-embraces-new-realities-can-racing-do-the-same/

LAS VEGAS EMBRACES NEW REALITIES: CAN RACING DO THE SAME?

By Scott Jagow
Paulick Report

For starters, the new Vegas is far less dependent on gaming revenue than it was just a couple decades ago. According to the Nevada Gaming Control Board and research firm Spectrum Gaming Group, gambling in 1990 constituted 58 percent of the Strip's revenue. By 2014, that figure had plunged to 37 percent while non-gaming revenue climbed to 63 percent of the total.
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