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In his weekly vlog, Anthony Curtis is fond of saying that at some point, Las Vegas casinos will have to ease up its financially gouging ways on visitors. OK, when?
Casino executives mention "headwinds," such as labor issues, inflation, and gasoline prices, in their quarterly earnings calls, though with a wink and a grin.
After all, in the same breath they report all-time record earnings. And they're speaking to analysts, investors, reporters, and commentators, many of whom have burned themselves by projecting which particular quarter, fiscal year, or calendar year all this "pent-up demand" is going to end. In the meantime, the casinos continue to rake it in, more than ever, month after month and year after year, and as always when the gravy train builds up a head of steam, the partiers (in this case, the casino companies) behave like it'll never end. And who can blame them?
This much is clear: The Las Vegas juggernaut of pricing and profits will stop not long after the visitors demand it by voting with their feet and staying away en masse, for whatever reason and those are manifold.
It's happened before and it'll happen again.
But if you're asking us to predict a day, or month, or even year when that will or might start taking place, well, as a famous Yogi (Berra) once said, "It's tough to make predictions, especially about the future."