Plus their Canadian dollar is worth less here.
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Plus their Canadian dollar is worth less here.
The exchange rate has been steady for decades. Despite losing 25 cents to the dollar on average Canadians have been the number one tourist to the U.S. repeatedly.Quote:
Originally Posted by desertrunner
Mexico is second. That money is not replaceable. Don't threaten your neighbors/allies. We take it very seriously.
So what is your prediction on the July numbers?Quote:
Originally Posted by Dive_Bar_Dave
Visitation should be down 25-50% vs July 24 based on the nonsense videos you seem to be falling for, or promoting for some reason. .
Is 5% even noticeable or is it as I said, grifters jumping on a bandwagon looking for cash for clicks?
Which makes more sense?
By the way, I like Jacob but he’s as grifting a grifter as you’ll ever meet. This is his living at this point. What’s next, a Vegas Starfish video?
The Boz: Thankfully we don’t and will do just fine if another Canadian or Mexican ever visits again. Alan Thicke was the typical Canadian scammer we don’t need here.
New America. No factories/jobs. No trading partners/jobs. No tourism/jobs.
Voted for and by your representative/you
Heads up, these significant numbers are the result of only six months of administrative chaos.
Consider this
Wacko Texas
https://www.pbs.org/wgbh/frontline/w...02218_1751.jpg
As our stock market hits record highs weekly.Quote:
Originally Posted by limitles
Hard work and smart voting pays off AGAIN.
And those who say this doesn’t matter just don’t have assets. Truly the greatest time to be an American ever!
Thank you DADDY Trump!
When someone tells me they are going on a vacation to Las Vegas, Nevada...
https://www.youtube.com/watch?v=byfewcZsug4&pp=ygUeOTAncyBmYW1pbHkgdmFjYXR pb24gbGFzIHZlZ2Fz
Every tariff declaration has been followed by stock market drops.Quote:
Originally Posted by The BozAs our stock market hits record highs weekly.Quote:
Originally Posted by limitles
Hard work and smart voting pays off AGAIN.
And those who say this doesn’t matter just don’t have assets. Truly the greatest time to be an American ever!
Thank you DADDY Trump!
Only TACO's rethinking or pausing of said tariffs has prevented this.
The world is far smarter than Donny sex offender.
Which country has capitulated to Donnie's tariffs?
Zero gain so far.
[QUOTE=The Boz;1163256]My non-expert opinion, August 2025 is going to suck and then once September hits, its all over- kids back to school and no more fam vacations. This is why I love Vegas in Sept, Oct and November- No kids and parents are working.Quote:
Originally Posted by Dive_Bar_Dave
Facts matter! Even the loons (just for you) at NPR see it.Quote:
Originally Posted by limitlesEvery tariff declaration has been followed by stock market drops.Quote:
Originally Posted by The Boz
Only TACO's rethinking or pausing of said tariffs has prevented this.
The world is far smarter than Donny sex offender.
Which country has capitulated to Donnie's tariffs?
Zero gain so far.
https://finance.yahoo.com/news/trump...170536916.html
https://www.npr.org/2025/06/09/nx-s1...ing-businesses
https://www.politico.com/interactive...ncome-tracker/
[QUOTE=desertrunner;1163262]Again what does “suck” mean?Quote:
Originally Posted by The Boz
I agree July and August will be down in visitation 5-7% YOY. BUT if profits are up does it really matter?
Sure it’s not a great long term trend to be losing customers but I’m still not sure what customers are being lost? If it’s low end customers with small budgets it’s really not a big deal.
I’m open to watching this play out but still believe way too many are falling for the narrative a few are pushing online for clicks and the always wrong media jumping on it because they are plain lazy for stories.
Druff first turned me onto the Resort Fees on PFA about 2-3 years ago and I knew right then, it was only going to get worse over time as they are pulling those back. Then over the next 2-3 years, I am watching the Indian casinos flourish and do better here in California, I would write about it some here from time to time. Then over time, I know it was just going to get worse with the Exec bonus and typical greed.Quote:
Originally Posted by The Boz
Now here we are, just as I pretty much figured, the California casinos killing it and saving the Cali people the long desert drive. It was just slowly building up over time and now Vegas is killing itself and wants to keep blaming COVID.
[QUOTE=desertrunner;1163262]Hopefully we agree Vegas exists because of tourism dollars.Quote:
Originally Posted by The Boz
Vegas does not exist without the gambling, the glitter. Countless small businesses exist because of this economy.
A corporations sole purpose is a return on investment.
When numbers decline (tourism) so does ROI.
Price increases are only the beginning
How to explain a decline in tourism, ROI, and local business failures?
You better identify this problem.
Hint hint don't read truth social
Hard to imagine financiers of multi million projects, such as hotels and casinos just got their numbers wrong. These are long term investments projected to profit based on current trends. No offer presented would include the thought that the main source of income/returns would suddenly shrivel
Covid of course was just such an unpredictable factor in revenue stream. They withstood that.
The latest hit to the income stream, a decline of customers, is no different except it was 100% avoidable.
Agree that blaming Covid is BS. The casino corporations are drowning in debt for multiple reasons, but in 2025 COVID isn’t in the Top 5. I feel they are trying to see how far they can push retails, fees and poor gaming until they hit a breaking point in an attempt to increase profits and pay debt service. As I’ve said, time will tell at what cost to visitation it causes, and what customer is lost?
As for Resort Fees, it’s been over 12 years Caesars followed MGM and others in adding Resort Fees. Up to that point they advertised No Resirt Fees to differentiate themselves from their competitors. However they still nailed you for fees for WiFi and other stuff that they argued would “save” customers money by bundling them. No one argues they are a scam but I still argue even with resort fees Vegas rooms are cheap.
https://lasvegassun.com/news/2013/fe...ng%20otherwise.
To my point where can you get a room in a major US city for $70 with fees? Of course the $50 in resort fee is BS but this is for anyone off the street with zero status.
This rate is available many weekdays in the next 2 months. Sign of trouble or just a great deal?
Love the mature discussion in here, some good opinions and insight. Hopefully Druff will check-in soon, he usually has some good feedback.
Thank you
Quote:
Originally Posted by The Boz
Please explain your statement that "we will be just fine without any tourism dollars from Canada or Mexico."
Businesses based on tourism revenue are not built for lean times.
Exporters, importers and a multitude of small businesses have no grace against bank loans. When the big boys retract others are involved.
Post COVID the cost of doing business did not suddenly explode in the U.S.
Economists agree. What do you know?
For you and I, this is a good price. BUT there are a lot of super cheapo people here in CA that gripe when they crack open their wallet. I always use the example of In N Out Burger- sure its a good price, but cheap and that's really what keeps bringing them back.Quote:
Originally Posted by The Boz
I think some people here keep forgetting there are a LOT of Indian casinos here in Southern California and they are doing super well. Why drive or fly to Nevada when its all right here.
I know a retired friend and he and his wife just trip on over to the local Indian casino in San Diego County, no need to drive far for their BINGO games.
Las Vegas needs to do it a lot better and start offering BOGO rooms and dinners and work out cheap (SWA, Spirit and Frontier) flights to get the cheapo's to start coming in.
Are you suggesting the number one and two sources of income (Canadian/Mexican tourism) have relocated to non Vegas entities?Quote:
Originally Posted by desertrunnerFor you and I, this is a good price. BUT there are a lot of super cheapo people here in CA that gripe when they crack open their wallet. I always use the example of In N Out Burger- sure its a good price, but cheap and that's really what keeps bringing them back.Quote:
Originally Posted by The Boz
I think some people here keep forgetting there are a LOT of Indian casinos here in Southern California and they are doing super well. Why drive or fly to Nevada when its all right here.
I know a retired friend and he and his wife just trip on over to the local Indian casino in San Diego County, no need to drive far for their BINGO games.
Las Vegas needs to do it a lot better and start offering BOGO rooms and dinners and work out cheap (SWA, Spirit and Frontier) flights to get the cheapo's to start coming in.
No. Canadians have collectively reacted to the political and economic threat
posed by your convicted felon leader. Sadly anything south of the border is now viewed as suspect. One person has literally threatened our livelihood.
It may not resound with all Americans just yet. But it will end a century old relationship that has benefited the majority.
More reports from Vegas:
https://www.youtube.com/watch?v=HnDRT-eEJBU
If you look at the comments for all the videos I have posted lately, you will see hundreds of people saying Vegas sucks because of the prices and fees. This is the overwhelming majority opinion about Vegas these days.
Les, sorry, I cant answer this as I dont know and have any information on Canada and Mexico tourism or travel.Quote:
Originally Posted by limitles