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> So it doesn't matter if visitor numbers have dropped Large corporate casino owners who can still benefit by making up the shortfall in visitors from high rol
by mrandish 1y ago
> So it doesn't matter if visitor numbers have dropped
Large corporate casino owners who can still benefit by making up the shortfall in visitors from high rollers who spend (and lose) bigger chunks of money gambling aren't the bulk of the overall Vegas tourist economy - which is mostly employees, suppliers and service providers whose income is driven more by "number of visitors" than "spend per visitor".
And it matters to the visitors who can't afford to go there anymore.
- ehnto 1y ago> And it matters to the visitors who can't afford to go there anymore. I guess the capitalist answer to this is for them to go start their own Vegas.
- pixelpoet 1y agoWith Blackjack and... waitaminute...
- mrandish 1y agoThere are already many vacation alternatives to Vegas whether for gamblers, for those seeking entertainment/dining or just for family getaways. Vegas has always had an iffy value proposition. It's become a major city that's not near anything nor especially on the way to anywhere which had no reason before gambling to exist in that location. In the last 20 years, two long-term trends are making Vegas less attractive. The increasing proliferation of gambling alternatives from indigenous casinos, riverboats, poker parlors, online casinos, etc, as well as the broad decline of big "destination" trade shows and conferences people are willing to get on an airplane for. To me, Vegas has always been an odd mix of upsides and downsides. It can easily get congested and over-crowded and quickly become unfun. Now that they're pricing themselves out of the market, people are choosing better alternatives.