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Originally posted by: irishjames23Yes but people are spending far less gambling because of the lousy odds offered and they can not afford to spend to much gambling when they have to pay $50 for a dinner buffet
Again, Vegas' business model is changing.
Only 12% of Vegas visitors say that their primary reason for visiting is to gamble, says the LVCVA. Four times as many said their primary purpose was "vacation or pleasure". So what the strip now sells, from Wynn south to MBay, is a different product. Shopping, nightclubs, spas, fancy restaurants, and big-name shows. Gambling just isn't the focus it once was, because so many people can get that at home.
The free-parking Vegas we all prefer will continue to exist. But it'll do it in the casinos out on Rancho and Boulder Highway, places with lower land values that depend much more heavily on gambling revenue.
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Originally posted by: bbking
Plus you would think with competition from other states casinos,Vegas would become cheaper, to lure customers away from their "home" casinos.Maybe I'm just to old and remember the bargain Las Vegas.