The decline in tourism has put a dent in the Las Vegas Convention and Visitors Authority’s revenue stream with room tax and gaming fee receipts down 14 percent from a year ago in the first quarter of the 2025-26 fiscal year.
LVCVA Chief Financial Officer Jim McIntosh told board members Wednesday a drop was anticipated — but not as much as what occurred and a robust convention calendar in early 2026 should help toward a rebound.
Board members didn’t comment on a quarterly report presented Wednesday that said room tax and gaming fee receipts are off 14 percent to $73.9 million for the quarter, while Las Vegas Convention Center space rentals are down 9 percent to $6.8 million and Las Vegas Monorail farebox receipts are off 13 percent to $5.7 million for the quarter.
Overall, quarterly reve

Las Vegas Review-Journal

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