I know casinos and Vegas but I’m not an investor. Sometimes when I see Motley Fool or other investing websites break out revenue in certain ways I can be surprised.
We all know that nightclub revenue is big for Las Vegas casino operators. What is surprising in this chart is seeing how much of the overall revenue nightclubs are for some of the casino operators.
Hakkasan (MGM Grand) , XS (Wynn) and Marquee (Cosmopolitan) are the Big 3 of nightclubs in Vegas. It comes as no surprise that their revenue last year was about the same (see full article for specifics).
Hakkasan revenue seems to be ahead of the pack this year. This shouldn’t come as much of a surprise as Hakkasan is the largest nightclub with the most famous DJ’s and a marketing arm that will use landmarks like the Bellagio fountains to promote you (See Tiesto show).
Besides the percentage of overall revenue for nightclubs there isn’t much in the chart that’s a surprise. That said, it’s always interesting to see casino revenue examined in different ways.
Photo: Hakkasan
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