FALL is always my fav time of year to go to Vegas, mid-week- Kids are in school, parents working, cooler weather and lower prices. I think this fall will be even better to go.
Hopefully the price gouging will getting removed and balance will return.
Also, I am seeing more and more TV advertising for the indian casinos here in LA, they are taking advantage of the current Vegas slow down.
Absolutely, was just checking rates (Gold Level CET Rewards Member) for the first week of October during the RISE festival and they're pretty good offers.Originally Posted by desertrunner
Of course the shitty Resort Fees Fuck everything up, but what ya gonna do???
#GOUGE LIFE BABY!
For anyone spending any decent amount of time in Vegas at Caesars properties really should do Diamond in a Day. While the ideal VP isn’t still out there, the saving in resort fees far exceed the theoretical. Druff has wrote about this multiple times.Absolutely, was just checking rates (Gold Level CET Rewards Member) for the first week of October during the RISE festival and they're pretty good offers.
Of course the shitty Resort Fees Fuck everything up, but what ya gonna do???
#GOUGE LIFE BABY!
$50 a day is resort fees savings add up fast. Do it early in the year and you basically get 2 years of no resort fees.
“ Dive_Bar_Dave: The Indian casinos try to kill all online poker in CA. Boycott them”
Best thing you have posted in this thread, 100% correct, for this and multiple other reasons.
https://twitter.com/LasVegasLocally/status/1956025363076931587
These are concert and theme park prices. Most sporting events are not this bad or anywhere close.
Millennials and zoomers are watching this video in horror. That's 20x retail.
https://www.reviewjournal.com/busine...rport-3421164/
Great story in the RJ with details on where the decline is coming from. Also ties into the Spirit thread and backs my theory that it’s the lower end customer being responsible for much of the drop in visitation, which really isn’t affecting gaming win, or the mid to higher end hotels.
The foreign non Canadian numbers, mainly Asia also show that the type customers Vegas wants and needs are still coming in record numbers.
Which going full circle comes back to my point that YouTube grifters and “influencers” are pushing the story for clicks and profits. And a lazy media is picking up the story without doing any research into it other than repeating some numbers without context.
And YES, food and beverage pricing is out of control!
Here are the main takeaways from the story.
“ Van Over said Tuesday that Spirit currently has 50 planes grounded because of maintenance issues.
“They have an issue with their (jet) engines.” Van Over said. “They have to pull that engine off the plane, fix the cracks, put it back on the plane, and that whole process takes about 300 days. So obviously they can’t just do a plane a year because it would take them 100 years to get that done.”
“ Spirit’s issues have been the main reason for Las Vegas’ capacity contraction”
“ Canada comprises the biggest share of international visitors to Las Vegas. Despite the decline from America’s northern neighbor, Las Vegas has seen a 31.7 percent increase in airline capacity from Asia, a 21.6 percent increase from Europe excluding the United Kingdom, and a 19.2 percent boost from Mexico”
“ Joel Van Over, senior director of Ailevon Pacific, told board members that most of the projected 2 percent decline in international arrivals at Reid can be attributed to the projected 18.5 percent drop-off in traffic from Canada.
Van Over, in his 20-minute presentation, said the number of inbound seats from Canada has fallen to an average of 2,412 a day”
Vegas ranks near the top in foreclosure filings:
Rideshare drivers in Las Vegas on the tourism decline:
Plus everyone's favorite:
(As always, I provide a wide variety of sources, a survey of sorts, regarding Vegas' struggles. The disgruntled hecklers with CTE may say I am fully endorsing one particular source, when that is not the case...)
1) Self inflicted economic measures. Foreign travelers come from the foreign lands economically targeted by your government
2) Threat to tourists. Increased scrutiny for all U.S. visitors is now a reality. This becomes part of the risk/benefit equation for destinations.
Everything and more (fewer Americans) that Vegas offers
is available to me in beautiful Vancouver, B.C.
I'll take the opportunity to remind all Nevadans that
Vancouver, B.C. has invested heavily in facilities
that mimic many of the indoor experiences you expect.
You name it, we have it indoors.
"The founding fathers did not like the idea of the tyranny of the majority ruling the country"
Dan Druff
“I don't know what weapons World War III will be fought with, but World War IV will be fought with sticks and stones.”
Albert Einstein
"Yesterday is history, tomorrow is a mystery, but today if a gift
and that is why it's called the present"
Eleanor Roosevelt
I do want to revisit the sub-topic here of unions. I have a friend in the Las Vegas area hoping to work at Costco and his efforts reminded me of a few things I'll share below.
Costco is a super successful bulk to consumer brick and mortar mega store chain. They have stores in multiple states, the AZ, CA and NV locations are what I have seen. Costco employees are very well paid and their benefits are outstanding, including company stock purchase options, educational incentives, retirement and....they are union. It should also be noted that they do not have a high employee turnover rate. They employees there are happy, productive, thrive and the company does not see the usual 25% loss in productivity due to high employee turn over.
FORTUNE magazine- How Costco saves taxpayers money (and the Jew wallet)
FORTUNE — Can a company with a low-price strategy afford to pay employees higher wages? Costco seems to think so. And in doing so, Costco saves taxpayers money.Hay estimates that for “an organization with 10,000 employees, a 10 percentage point reduction in turnover over two years would result in savings of $17.5 million (assuming an average salary of $35,000 and an average replacement cost of 50% of salary),” according to a recent press release.Google search-Low turnover “allows us to pay good wages because we are not spending time, money, and resources filling positions,” Costco’s Callans told me.
Costco's Business Model:
Costco's approach includes higher wages, comprehensive benefits (including healthcare and retirement), and a focus on employee retention. This translates to fewer employees needing to rely on public assistance programs like food stamps or Medicaid.Side notes-Employee Assistance Program:
Costco offers an Employee Assistance Program (EAP) that provides confidential support for mental health and personal issues, including counseling. This can help employees address challenges that might otherwise lead them to seek public assistance.
- Their stock (COST) is pretty good and worth looking at.
- In 1989, my cousin bought 3 shares of COST stock at around $150 each, fast forward 35 years later, the value is over 11k.
- Checking for my friend, Costco is hiring for alot of jobs in the Las Vegas/N. Las Vegas area.
Now the flip side to large "big box" stores is Walmart- they are clearly not union and have alot of problems- Low pay, high employee turn over, constant labor law lawsuits and even tell their employees how to use public assistance programs to supplement their low grade company health plan, which impacts the taxpayers.
Report: Walmart Workers Cost Taxpayers $6.2 Billion In Public Assistance
Walmart and McDonald’s are among top employers of Medicaid and food stamp beneficiaries, report says
Walmart, McDonald's among largest employers of SNAP, Medicaid recipients: Report
More-
Who do you think gets sued more- Walmart (non-union) or Costoc (union)??Walmart faces numerous lawsuits, with a high volume, nearly 20 per day, stemming from various issues including employment discrimination, wage and hour violations, and personal injury claims. Many cases involve employees alleging violations related to overtime pay and discrimination. Slip and fall accidents at Walmart stores are also a common source of litigation, with settlements ranging from $10,000 to $50,000, but potentially reaching six or seven figures in severe injury cases
I always tell the cheap conservative types that rave about Walmart's l"ow prices"- What you save at the register, you lose on the backside as a taxpayer. They HATE this reality and cant stand the idea. The Neo Cons are just as moronic as libtards, just different stadium. Note- I am not a GOP or conservative person or Dem or liberal, I dont associate with either org.
I really hate Walmart and avoid shopping there as its too low level for me, just being honest. I do shop Costco as I support union labor and like the business model.
Seems like the union platform is way more productive and cost efficient to the box box/bulk business model. Just like in the public safety sector as I previous wrote about in this thread.
Last edited by desertrunner; 08-16-2025 at 11:33 AM.
Another report:
NBC says the next few months will be crucial.
- In 1989, my cousin bought 3 shares of COST stock at around $150 each, fast forward 35 years later, the value is over 11k.”
Not sure of the exact date but that same $450 invested in an S&P 500 fund reinvesting all dividends would be worth around $26,000 now. Not busting on his investment but once again proving how hard it is to beat the market individually.
In 1989, my cousin bought 3 shares of COST stock at around $150 each, fast forward 35 years later, the value is over 11k.”You made a good point here as I just realized my story and numbers are old, by a few years. I am sure her stock has done better and the numbers are higher, I should ask her for an update. Good catch, my bad.
According to Fidelity right now, COST's long term stock projections look good-
https://digital.fidelity.com/prgw/di...ry?symbol=COST
In the 20 years that Erika Swanton has worked in retail on the Las Vegas Strip, she has never known summer business to be so slow.
Visitor numbers fell by 11.3pc year-on-year in June and were down by 7.3pc across the first six months of the year.
Read more- https://www.telegraph.co.uk/business...LDC8KAXLHPwoEg
Anthony Cumia on Vegas:
Cumia says, "Truth be told, Vegas sucks."--that the prices are insane and the service sucks.
"All of the amenities are gone," he says.
and "Why fucking go to Vegas and be abused?"
I agree with Dave’s post about the next few months telling the real story. From the upcoming calendar of fights, conventions and Raiders games I’m still betting the numbers won’t be down as much September to December.
And I’m still 100% positive the decline is in foreigners from Canada and the low end customers who don’t really impact bottom line profits that much, but certainly are 5-10% of overall customers that just can’t afford it anymore. It’s hurting the dumps like Harrahs, Flamingo, The Strat, etc while not hurting Wynn, Cosmo, Venetian,etc.
Here are the cheapest ticket prices for the first few home games. Note the differences in prices based on the competition, which shows it is road fans coming. All will buy rooms, food and beverage. They may or not be gamblers but they are people with money to spend. Also note LA is the cheapest though being a Monday night game hurts it some.
Meanwhile the grifters are getting lazier pushing the same “empty” nonsense with clickbait titles that make the usual YouTube rube think visitation is down 30-50%. And that the average sap on the strip can actually notice less people. This works only if you can notice the lack of Labbats, Moosehead and 25oz malt liquor cans in people’s hands.
Still my favorite O & A clip of all time. Anthony pretends to be Tony Danza on the phone with guests in line outside his TV show.
Comedy gold!
Agree. It's also the repeat customer. Instead of coming to Vegas three or four times a year, they are visiting once. There's no value anymore.I agree with Dave’s post about the next few months telling the real story. From the upcoming calendar of fights, conventions and Raiders games I’m still betting the numbers won’t be down as much September to December.
And I’m still 100% positive the decline is in foreigners from Canada and the low end customers who don’t really impact bottom line profits that much, but certainly are 5-10% of overall customers that just can’t afford it anymore. It’s hurting the dumps like Harrahs, Flamingo, The Strat, etc while not hurting Wynn, Cosmo, Venetian,etc.
Here are the cheapest ticket prices for the first few home games. Note the differences in prices based on the competition, which shows it is road fans coming. All will buy rooms, food and beverage. They may or not be gamblers but they are people with money to spend. Also note LA is the cheapest though being a Monday night game hurts it some.
Meanwhile the grifters are getting lazier pushing the same “empty” nonsense with clickbait titles that make the usual YouTube rube think visitation is down 30-50%. And that the average sap on the strip can actually notice less people. This works only if you can notice the lack of Labbats, Moosehead and 25oz malt liquor cans in people’s hands.
The destruction caused by private equity is off the charts.
https://twitter.com/sherryande/status/1957590193093095633
From the Las Vegas Review Journal, "Consumer Spending Falls as Las Vegas Tourism Slides":
https://www.reviewjournal.com/busine...ce=chatgpt.com
There are currently 2 users browsing this thread. (0 members and 2 guests)
Reply With Quote
