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Abstracts of Presentations at the 1998 Annual AHFME Research Symposium

Asian Financial Crisis and its Impact on Las Vegas Gaming Revenue

Pages 101-102 | Published online: 15 Apr 2013
 

ABSTRACT

Before the Asian financial crisis, Asia was a fast-growing market for Las Vegas casinos. In 1996, Asian visitors to Las Vegas accounted for approximately 20% of international arrivals, a sharp increase from 1992's 13%. The pre-crisis economic growth in Asia had resulted in rapid increase in per capita income in the region and had undoubtedly contributed to the boom of the Las Vegas casino industry.

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