Packed casinos a sign of good things to come in Las Vegas
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There are more people in Las Vegas casinos than ever before. The industry is growing. Last year was a record year for Nevada. VICI bought the Venetian and Palazzo and is leasing back the properties on the Las Las Strip. Circa and Golden Nugget are big draws in downtown Las. Henderson lost the Fiesta hotel-casino and Eastside Cannery is yet to reopen.
Fontainebleau is expected to open next year. Las Vegas is hosting the Super Bowl in 2024 and the NCAA Final Four in 2028. Tipping is down to an average of $1 per hand. John is considering switching careers from dealing poker to maybe jumping into real estate. Vegas Advisor publisher Anthony Curtis says gambling deals are harder to come by. He thinks Las Las is a good value compared to other major cities. David McKee thinks the money may be running out. The hotel rates were at their highest level in October. It was a month that saw gaming spend in Las Nevada flattened year over year, according to the reporter.
Amanda Belarmino is an assistant professor with UNLV's hospitality college. She believes Las Vegas is experiencing a shear trauma from the pandemic. People are not subscribing to their streaming services anymore and they are buying less consumer goods.
