Las Vegas Harry Reid International Airport (LAS) hit the jackpot in revenues generated from the gaming machines located inside the terminal. This year, the slot machines at LAS reached a milestone by creating over $1 billion in all-time revenue.
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This week Michael Gaughan’s Airport Slot Concession, Inc., the company that has operated the slot machines at Las Vegas Airport for 36 years, announced that the gaming machines have generated over US$1 billion in revenues over the lifetime of its airport contract.
Las Vegas Airport operates around 3,740 flights per week, with over 637,000 seats available by 27 airlines. Southwest Airlines is LAS’ leading operator, with 1,460 flights per week, followed by Spirit (546 flights), Frontier (335), and Delta Air Lines (282).
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According to Michael Gaughan, the machines have generated about $39.8 million in gross revenue annually in recent years. This has equated to an average of $34.4 million in revenue directly for the airport.
Scott Kichline, Harry Reid International Airport’s Assistant Director for Business Commercial/Development, said that non-aviation revenue is beneficial because it helps Las Vegas to lessen its costs for air carriers. “As a discretionary travel market, we’re very diligent in keeping our costs to the airlines both stable and as low as we can reasonably maintain,” he added.
Slots since disembarking
Las Vegas is known to be the gambling capital of the world. It is a leisure destination that attracts travelers from all over the world and has an aura of big dreams, big wins, and significant losses.
Scott Kichline said that financial considerations aside, Las Vegas is known for its casinos. The fact that the airport has slots becomes an amenity travelers can enjoy and have come to expect. “Seeing and hearing slots the moment they arrive sets the tone for an Only Vegas experience, and on their way out, many also enjoy the opportunity to pursue one last jackpot.”
Only Las Vegas Airport and Reno-Tahoe International Airport have slot machines in the United States.
Las Vegas traffic numbers in 2022
So far, in 2022, Las Vegas Airport has received 38.5 million passengers, according to data recently released by the hub’s authorities. This number is a 39.3% increase compared to the passengers LAS had between January and September 2021.
Las Vegas has mostly received domestic passengers (36.01 million versus 1.79 million international passengers and 739,358 helicopter passengers).
Southwest Airlines is the top airline in the hub and has had 13.45 million passengers throughout the year, holding up to 35% market share in Las Vegas. Spirit has carried 5.17 million passengers, while Frontier has had 3.56, Delta Air Lines 3.48 million, and American Airlines 3.19 million.
Internationally, Las Vegas' top airline in 2022 has been the Canadian carrier WestJet, with 369,540 passengers throughout the year. Air Canada is the second, with 346,968 passengers, followed by the Mexican ultra-low-cost carrier Volaris, with 174,516 passengers.
What do you think about these incredible results by Las Vegas Airport? Let us know in the comments below.
Source: Fox.