Vegas is Struggling in 2025

[tgull]

The reason Vegas is on decline is because the proliferation of gambling, that is just the way it is. I just could not imagine taking a 5 hour flight to Vegas in 2025 and spend $250 a night hotel on the Strip with massive crowds, when I can use Marriott points and take an Uber and have the same experience locally. My wife and myself drove like 90 minutes away a few months ago and stayed at a Marriott Courtyard 3 blocks from a casino and used the shuttle service. Got there at noon, drank, gambled, went to the steak house, gambled and drank some more and shuttled back to the hotel at 11pm and passed out, and home the next morning by 10:00am. Versus taking a long flight, with connections, bums all over the place yeah no thanks. Maybe I am just getting older but to fly half a day to gamble when I can simply drive a couple hours and stay at a hotel with reward points, well you get the idea. And spare me the entertainment factor, most Vegas shows suck and I am like most you just want the fucking show to end so you can get back in the pits. The last show I went to was Siskel and Ebert or whatever those two magic guys are and it was painful to sit through.

[Dive_Bar_Dave]

Another report:



He gets his stats from here:https://www.lvcva.com/research/

[Dan Druff]

The reason Vegas is on decline is because the proliferation of gambling, that is just the way it is. I just could not imagine taking a 5 hour flight to Vegas in 2025 and spend $250 a night hotel on the Strip with massive crowds, when I can use Marriott points and take an Uber and have the same experience locally. My wife and myself drove like 90 minutes away a few months ago and stayed at a Marriott Courtyard 3 blocks from a casino and used the shuttle service. Got there at noon, drank, gambled, went to the steak house, gambled and drank some more and shuttled back to the hotel at 11pm and passed out, and home the next morning by 10:00am. Versus taking a long flight, with connections, bums all over the place yeah no thanks. Maybe I am just getting older but to fly half a day to gamble when I can simply drive a couple hours and stay at a hotel with reward points, well you get the idea. And spare me the entertainment factor, most Vegas shows suck and I am like most you just want the fucking show to end so you can get back in the pits. The last show I went to was Siskel and Ebert or whatever those two magic guys are and it was painful to sit through.

That's for sure part of the problem, but note that local casinos around the country are nothing new.

10 years ago, we had the same thing going on.

But it remains part of the problem because, if Vegas is providing a shitty experience for people, they'll just stay home and gamble locally.

[The Boz]

Another report:



He gets his stats from here:https://www.lvcva.com/research/

Dime Bag Dave sounds like he falls for every scam email telling him he is going to have his credit card charged $558 to continue his …… subscription unless he calls within 24 hours.

YouTube Click bait grifters are loving this guy.

[The Boz]

The reason Vegas is on decline is because the proliferation of gambling, that is just the way it is. I just could not imagine taking a 5 hour flight to Vegas in 2025 and spend $250 a night hotel on the Strip with massive crowds, when I can use Marriott points and take an Uber and have the same experience locally. My wife and myself drove like 90 minutes away a few months ago and stayed at a Marriott Courtyard 3 blocks from a casino and used the shuttle service. Got there at noon, drank, gambled, went to the steak house, gambled and drank some more and shuttled back to the hotel at 11pm and passed out, and home the next morning by 10:00am. Versus taking a long flight, with connections, bums all over the place yeah no thanks. Maybe I am just getting older but to fly half a day to gamble when I can simply drive a couple hours and stay at a hotel with reward points, well you get the idea. And spare me the entertainment factor, most Vegas shows suck and I am like most you just want the fucking show to end so you can get back in the pits. The last show I went to was Siskel and Ebert or whatever those two magic guys are and it was painful to sit through.

That's for sure part of the problem, but note that local casinos around the country are nothing new.

10 years ago, we had the same thing going on.

But it remains part of the problem because, if Vegas is providing a shitty experience for people, they'll just stay home and gamble locally.

Yes, it really is this simple. People are digging too deep into the issue.

Caesars was the last major to add resort fees in 2013. Hotels across the country now do it. They alone aren’t the issue.

Slot returns on the strip have been 85% for years. But now the machines are so volatile and top heavy that the money just doesn’t last long for most. The early 2000’s machines had small returns that made the money last longer. The question is do the players want these type machines or is it the casinos and manufacturers pushing them?

6/5 BJ took over low limits again 15-20 years ago. This alone isn’t it.

Room rates are still a bargain in Vegas compared to the average tourist local in America. This isn’t it either.

To me it’s F&B pricing that was the final nail with the current issues. $10 bottles of beer and $150 steak with sides isn’t feasible to the average Han & Egger. $30 burgers taste like $7.99 burgers, $49.99 for wings at Carmines, etc.

But personally I still don’t see the doom and gloom some are pushing (for clicks and profits). Wait a year and then show me the numbers. And NO, the strip isn’t “empty” like the grifters want you to believe.

[tgull]

The reason Vegas is on decline is because the proliferation of gambling, that is just the way it is. I just could not imagine taking a 5 hour flight to Vegas in 2025 and spend $250 a night hotel on the Strip with massive crowds, when I can use Marriott points and take an Uber and have the same experience locally. My wife and myself drove like 90 minutes away a few months ago and stayed at a Marriott Courtyard 3 blocks from a casino and used the shuttle service. Got there at noon, drank, gambled, went to the steak house, gambled and drank some more and shuttled back to the hotel at 11pm and passed out, and home the next morning by 10:00am. Versus taking a long flight, with connections, bums all over the place yeah no thanks. Maybe I am just getting older but to fly half a day to gamble when I can simply drive a couple hours and stay at a hotel with reward points, well you get the idea. And spare me the entertainment factor, most Vegas shows suck and I am like most you just want the fucking show to end so you can get back in the pits. The last show I went to was Siskel and Ebert or whatever those two magic guys are and it was painful to sit through.

That's for sure part of the problem, but note that local casinos around the country are nothing new.

10 years ago, we had the same thing going on.

But it remains part of the problem because, if Vegas is providing a shitty experience for people, they'll just stay home and gamble locally.

Yeah, if you are looking for a 3 day gambling experience, Vegas is still the place. The issue really is the proliferation of online sports betting, what 40 states have it now? People just have less disposable income now because they are sports betting on their couch. I try my best to stay off Fan Duel, because there is nothing more demoralizing waking up on a Sunday morning stuck $1000, actually is begins with the 3am piss, you are like WTF was I thinking? And when I am stuck I sure as shit am not planning a Vegas trip the next day. Life was just simpler before online gambling. And I agree with the prior post, the food and beverage is just outrageous. Same with NYC, I was in the meat packing district a few weeks ago and the fucking 14 ounce ribeye was $135 and wine was $22 for a 5 ounce glass. Give me a fucking break.

[Dive_Bar_Dave]

Another report:



He gets his stats from here:https://www.lvcva.com/research/

Dime Bag Dave sounds like he falls for every scam email telling him he is going to have his credit card charged $558 to continue his …… subscription unless he calls within 24 hours.

YouTube Click bait grifters are loving this guy.

I provided the link to the official site with the tourism stats. You prefer to keep talking about “grifters” repeatedly. You have a uniquely cranky myopic perspective.

[Tellafriend]

actually is begins with the 3am piss, you are like WTF was I thinking?


on god.

[Tellafriend]

i'm out here now.

walked strip yesterday for a few miles. obv was a weekend day, but was plenty busy with people everywhere. most were just killing their days it seemed to me. saw several with their own solo cups. was inside of wynn, b, and cosmo. they were all plenty busy. first 2 were mostly $50 mins and $25 at cosmo. wynn will escape whatever is coming better than the rest. they learned during covid not to lower prices as it brings in the wrong element, so they will keep them high(er).

our driver said M-H will be noticeably slower and the lower tier properties are already feeling the slow down a good deal.

ebb and flow.

[YUUP]

Wasn’t there a story about the Californian scum taking over during /after Covid ? Because it was cheap .

I stayed at the Excalibur, I mean they were there 15 years ago ….

[desertrunner]

Yeah, if you are looking for a 3 day gambling experience, Vegas is still the place. The issue really is the proliferation of online sports betting, what 40 states have it now? People just have less disposable income now because they are sports betting on their couch. .

Suddenly it hit me- This is why California is banning online sports betting. Because they want you to go bet at the local California indian casinos, who they are in bed with.

[Tellafriend]

Wasn’t there a story about the Californian scum taking over during /after Covid ? Because it was cheap .

I stayed at the Excalibur, I mean they were there 15 years ago ….

oh absolutely. i quite walking the east side of the strip post covid. too many mexican gang bangers mixed with the usual scum - just more of them and not worth smelling them, much less being asked for something.

[Tellafriend]

Embedded Tweet

https://twitter.com/BuzzPatterson/status/1951861037042389215



this for the lower end spots.

[desertrunner]

Tell a Friend and I are meeting up for dinner tonight at 7pm on Fremont Street, PM me to join us.

[Sanlmar]

Tell a Friend and I are meeting up for dinner tonight at 7pm on Fremont Street, PM me to join us.

just sign the damn NDA when his host presents it

[Daly]

This really isn't hard. Vegas needs a complete reset.

The cruise industry got theirs as a result of covid. They had to cut some things back, had to expand the clientele but not so much that it impacts the core customer base. They had to find ways to "monetize" things that would bring in much needed cash..... but not nickel and dime everything as to piss off the base. Its constantly being toyed with and adjusted but the industry as a whole is learning the new algorithm to making $$ in a value driven era.

Sound familiar?

Vegas is at the end of the curve. Massive debt. Need for cash. Nickel and dimeing everything. Casinos either lowered price and got the carnival customers that pissed off everyone -or- even worse they kept prices high and tried to make a lot of $$ from a small few customers who can afford it.

Someone is going to go to wall street and say the quiet part out loud like the cruise co did when covid gave them the air cover to do so. "we expanded way too much, we borrowed too much, we need to charge too much and people simply wont pay". We are going to miss earnings and we are lowering our projections. For a few quarters we need to keep our operating expenses as is so we can give what customers that come a first class experiance so that they want to come back. Our revenues will stay the same or fall as we eliminate hotel fees, improve our value proposition with our food and entertainment and most if all our revenue from alcohol sales will be at a decade long low as our customers demand it.

Someone comes out with this announcement /slashes prices / brings back the $13.99 prime rib/ free beer & drinks everywhere..... any entertainment is free or close to it. Nobody wants to pay $200 to see J Lo but Id take my wife fir 2 hours for free or $25. Esp if you got a-drink with it. I bet this would work very well.


Guess we shall see how it works out

[RichardBrodiesCombover.]

Tell a Friend and I are meeting up for dinner tonight at 7pm on Fremont Street, PM me to join us.

This is sad

[tgull]

This really isn't hard. Vegas needs a complete reset.

The cruise industry got theirs as a result of covid. They had to cut some things back, had to expand the clientele but not so much that it impacts the core customer base. They had to find ways to "monetize" things that would bring in much needed cash..... but not nickel and dime everything as to piss off the base. Its constantly being toyed with and adjusted but the industry as a whole is learning the new algorithm to making $$ in a value driven era.

Sound familiar?

Vegas is at the end of the curve. Massive debt. Need for cash. Nickel and dimeing everything. Casinos either lowered price and got the carnival customers that pissed off everyone -or- even worse they kept prices high and tried to make a lot of $$ from a small few customers who can afford it.

Someone is going to go to wall street and say the quiet part out loud like the cruise co did when covid gave them the air cover to do so. "we expanded way too much, we borrowed too much, we need to charge too much and people simply wont pay". We are going to miss earnings and we are lowering our projections. For a few quarters we need to keep our operating expenses as is so we can give what customers that come a first class experiance so that they want to come back. Our revenues will stay the same or fall as we eliminate hotel fees, improve our value proposition with our food and entertainment and most if all our revenue from alcohol sales will be at a decade long low as our customers demand it.

Someone comes out with this announcement /slashes prices / brings back the $13.99 prime rib/ free beer & drinks everywhere..... any entertainment is free or close to it. Nobody wants to pay $200 to see J Lo but Id take my wife fir 2 hours for free or $25. Esp if you got a-drink with it. I bet this would work very well.


Guess we shall see how it works out

I go on cruises all the time and they are a much better value and convenience than Vegas. Primarily because its all right there in front of you and you don't have to think about it. Food, shows, bars, music, gambling, etc.. It's all an elevator away. Rooms are small, but not a big deal. There is something pretty cool at 9am getting a bloody mary at the outdoor bar but that is just me.

[desertrunner]

Tell a Friend and I are meeting up for dinner tonight at 7pm on Fremont Street, PM me to join us.

This is sad

We saved you an extra seat at the table, just text me on my phone when youre here.

[limitles]

This really isn't hard. Vegas needs a complete reset.

The cruise industry got theirs as a result of covid. They had to cut some things back, had to expand the clientele but not so much that it impacts the core customer base. They had to find ways to "monetize" things that would bring in much needed cash..... but not nickel and dime everything as to piss off the base. Its constantly being toyed with and adjusted but the industry as a whole is learning the new algorithm to making $$ in a value driven era.

Sound familiar?

Vegas is at the end of the curve. Massive debt. Need for cash. Nickel and dimeing everything. Casinos either lowered price and got the carnival customers that pissed off everyone -or- even worse they kept prices high and tried to make a lot of $$ from a small few customers who can afford it.

Someone is going to go to wall street and say the quiet part out loud like the cruise co did when covid gave them the air cover to do so. "we expanded way too much, we borrowed too much, we need to charge too much and people simply wont pay". We are going to miss earnings and we are lowering our projections. For a few quarters we need to keep our operating expenses as is so we can give what customers that come a first class experiance so that they want to come back. Our revenues will stay the same or fall as we eliminate hotel fees, improve our value proposition with our food and entertainment and most if all our revenue from alcohol sales will be at a decade long low as our customers demand it.

Someone comes out with this announcement /slashes prices / brings back the $13.99 prime rib/ free beer & drinks everywhere..... any entertainment is free or close to it. Nobody wants to pay $200 to see J Lo but Id take my wife fir 2 hours for free or $25. Esp if you got a-drink with it. I bet this would work very well.


Guess we shall see how it works out

I go on cruises all the time and they are a much better value and convenience than Vegas. Primarily because its all right there in front of you and you don't have to think about it. Food, shows, bars, music, gambling, etc.. It's all an elevator away. Rooms are small, but not a big deal. There is something pretty cool at 9am getting a bloody mary at the outdoor bar but that is just me.

Your description of ocean cruising is eerily similar to that of a Las Vegas weekend.