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re: Does Vegas still have the appeal that it once had?
Posted on 1/1/26 at 6:08 pm to HoustonGumbeauxGuy
Posted on 1/1/26 at 6:08 pm to HoustonGumbeauxGuy
quote:
People fly in from all over the globe to visit Las Vegas. That town is packed full of people every day of the year, so I would say yes it still has the appeal that it once had. What indications do you have that it does not?
I've been going to Vegas 2-3x per year for over 15 years now (not counting covid years). It's not dead but there has definitely been a downturn. I was there this past March, May and October. Every uber/lyft driver, dealers etc talk about how slower it is.
I think on the higher end of guests; revenue is same if not up. I stay at Aria/Cosmo and still busy as usual from what I saw.
It's the lower to mid end that's hurting. First time I've ever seen a casino CEO apologize:
https://finance.yahoo.com/news/mgm-ceo-just-apologized-guests-173300687.html
2
Posted on 1/13/26 at 7:08 am to gpburdell
Small bump...
Saw Vegas released most recent numbers and visitor count is down 5% however revenue is up like 3%.... Vegas missed December YOY by something like 175k visitors.
The discussion was around a shift from everyday people to big money gamblers these days.
Saw Vegas released most recent numbers and visitor count is down 5% however revenue is up like 3%.... Vegas missed December YOY by something like 175k visitors.
The discussion was around a shift from everyday people to big money gamblers these days.
Posted on 1/13/26 at 11:25 am to gpburdell
We are going in June for Kenny Chesney at the Sphere. Taking wife, 13 yr old daughter and my in laws. Trying to figure out where to stay. Would prefer a resort but don’t want to have hassle after show trying to get back
Posted on 1/14/26 at 1:31 pm to Shotgun Willie
The Wynn/Encore are very close to the Sphere. Can’t go wrong with those, although they are located at the north end of the strip.
Posted on 1/14/26 at 1:38 pm to Shotgun Willie
Venetian and Wynn are the two closest and most walkable resorts to the Sphere. I would start with those two.
Posted on 1/14/26 at 4:49 pm to TheFlyingDrogbas
The higher end is still holding their own, it's the middle to lower takes that are hurting. An hour & a half south of Vegas on the Colorado river is Laughlin. They are doing fine, maybe the people can't afford all the fees and ad ons in Vegas.
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