Analysts Predict Las Vegas Locals Casinos Will Continue to Outperform the Strip
Expertise: US Gaming, European Gaming Industry, iGaming
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Two recent research reports from industry analysts argue the Las Vegas locals market is set to remain robust and could financially outperform the tourist-driven Strip. John DeCree, director of equity research at CBRE Group in Las Vegas, and Kim Noland of Gimme Credit LLC each point to a mix of property reinvestment, expanding local-focused amenities, and proposed federal tax changes as reasons for a favorable outlook in the coming years.
DeCree, writing in an analyst note released Tuesday, highlighted both near-term catalysts and structural advantages for locals operators. “Although comparisons get more difficult for the locals market in 2026, there are still several catalysts on the horizon that should fuel moderate growth, including tax cuts under the One Big Beautiful Bill Act and recent capital reinvestment from major operators such as Boyd Gaming Corp. and Red Rock Resorts”, he wrote. DeCree said these elements, combined with operator capital spending, should underpin steady performance even as broader tourism dynamics fluctuate.
RELATED TOPICS: Las Vegas
