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Data shows Las Vegas Tourism has dropped so low, “The last time numbers fell that much outside of the pandemic was right after the Great Recession”
Despite this, gambling revenue is up
The business model has moved to rising costs and “nickel-and-diming” fees. Everything is more expensive: resort fees, parking fees, service fees, pool fees, overpriced water ($14 bottles), mini-bar traps ($75 charges), and other hidden fees that hit visitors the moment they arrive
The city is moving more towards catering to the ultra wealthy as a new business model. This isn’t a conspiracy theory, it’s what they’re actually doing
The Vegas Strip has been consolidated into a few monopolies. Big casinos (MGM, Caesars controlling ~70% of the Strip)
“Why Vegas is different now”
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