Las Vegas Tourism Hits Five-Year Low As "Trump Slump" Takes Hold

Las Vegas is facing one of its most difficult periods in recent memory as visitor numbers fell 7.5% in 2025 to around 38.5 million - the lowest since 2021 - and the pain shows no signs of easing. 

Strip gaming revenue dropped 11% year-on-year in January 2026, from $840million to just under $748m. Nevada's total gaming win fell 6.55% in the same month.

The Culinary Workers Union has coined the term "Trump slump" to describe the slide, blaming the administration's tariff policies and aggressive immigration enforcement for deterring international visitors. 

Canadian tourism - Nevada's single largest international market - is down anywhere between 20% and 50% depending on the month, according to casino owner Derek Stevens. 

Mexican high-roller visits have also dropped sharply, and international arrivals fell 13% in June alone...

https://www.gambling.com/news/casino-news-roundup-las-vegas-tourism-slump-cftc-backs-prediction-markets

Time for mark to catchup

Las Vegas tourism rebounded modestly in February 2026 after a prolonged downturn, with about 3.03 million visitors — up 2.1% compared to February 2025

Hotel performance: Occupancy: Las Vegas overall: 81.7% (up 1.2% from last year)

  Average daily rates (ADR):

Overall: $193.23 (up $7.06) 

RevPAR (revenue per available room):

Overall market: +5.3% year-over-year 

 Mark is an idiot - the real reaon for the drop in visitation in Vegas is the constantl gouging of theVegas casinos. It is obvious after reading the"hit" piece that Mark refers to that the writer is full of shit. Just ak any current/previous visitor to Vegas as to why they have stopped coming and/or cut back on visits , they will all cite the constant increase in prices, across the board. 

Las Vegas visitors by year:

YEAR - VISITORS

2021     32,230,600 
2022     38,829,300 
2023     40,829,900 
2024     41,676,300 
2025     38,545,700    (whoops)

Clearly there is a whole host of reasons.......price gouging is certainly one of them.

But so is Trump insulting Canadians and Europeans.

Lots of people with affordability and economic problems like:

-Farmers with no market for their soybeans and increased fertilizer costs

-Small business owners tariffed on their goods

-Historically high entry level workers with no job prospects

So, you know, there's that.

Let's use some Tom-logic to help us understand his Tom-stats!

Vegas visitation fell for thirteen straight months. Then, in February 2026, it turned out to be not quite as bad as a year ago.

Woo hoo, we're back, baby!!! WHEEEEEEE!!!

There are times when I wonder if stupid Tom is for real. He sounds like an ardent fan of a football team that just ended a thirteen-game losing streak by eking out a 27-24 win. I guess that means they're headed for the Super Bowl!!!!!!!!

Oh, wait, I forgot. The team for which Tom is such a pom-pom-waver is...Team Trump. Okay, then!

Stupid Tom.

Ask any international former visitor why they didn't come to Vegas last year or this year and they'll more likely than not say that they don't want to spend their vacation time and their money in a country whose leader attacks and insults them.

That's not my opinion. That's what has been shown in dozens of polls.

Because Miller wants to deflect criticism of his orange master, he's ignoring the fact that "The Gouge" has been in effect ever since covid, but international tourists were coming to Vegas in droves in 2023 and 2024 anyway. Visitation only tanked after the Turd oozed back into the White House.

 What a typical load of horse shit.

Gee, what happened at the beginning of 2025? Lemme think...hmmm...

Oh, now I remember! Tom told us about increased sunspot activity and a dramatic increase in the price of kale! Why would anyone want to come to Vegas after that??