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Slot Concession Hits $1B At LAS

Michael Gaughan’s Airport Slot Concession, which has been operating for 36 years at Harry Reid International Airport (LAS), this year celebrates the milestone of having generated one billion dollars in revenue over the lifetime of the airport contract.

In recent years, slot machines have generated approximately $39.8 million in gross revenue annually, which translates to an average of $34.4 million in revenue for LAS. The company operates 1,430 slot machines in all the airport terminals.

“We are happy that the slot machines located inside Harry Reid International Airport not only provide Las Vegas visitors’ the opportunity to spend a few minutes at one of our slot machines while they wait for their flight, but that the revenue generated also helps lower the operating costs for airlines at the airport and those lower rates trickle down to tourists who plan on visiting Las Vegas,” said Patricia Ross, general manager of Michael Gaughan’s Airport Slot Concession.

LAS and Reno-Tahoe International Airport (RNO) are the only two U.S. airports with slot machines.

“Having slots in the airport is an amenity travelers largely enjoy and have come to expect,” said Scott Kichline, LAS assistant director for business commercial/development.  “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.”