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Question of the Day - 17 August 2020

Q:

It's been mentioned several times that the last time Las Vegas shut down was after President Kennedy's assassination. How was Las Vegas after the attack on 9/11? I know airlines were shut down for a while so some guests must have been forced to prolong their visit. Were the casinos functioning as normal or were guests limited to what they could do?

A:

The events of September 11, 2001, were like a giant shock to the global system. They occurred on a single day, one brief moment in time, though the fallout wasn't, by comparison to today at least, too severe or prolonged.

Air travel was immediately suspended and for a few days, life seemed to stand still. The normally raucous casinos were eerily quiet, with most of the gamblers scattered around only because their planes had been grounded and left them stuck in a place where they really didn't want to be. All the employees and locals just wanted to be home and though the games went on, the restaurants served food, and even some entertainment continued (a lot of acts were canceled), it was all done in a daze. Many stranded travelers huddled in sports books watching the big screens tuned to news stations. There were no lines waiting to get into anywhere. 

It took "a long time to recover," in one pundit's words, but these days, a long time is relative. Visitation to Las Vegas was down nearly 15% that September year over year; convention attendance suffered much more greatly, dropping nearly 40%. For the rest of 2001, visitor volume was down 7.5% from 2000.

But the recovery began in early 2002. Visitor volume went up a fraction, while convention attendance rose a couple points. Most measures were either flat or up a bit for the next few years, until the recovery was complete. Gross casino revenue hit a peak in 2006 ($10.9 billion) and the hotel occupancy rate was right up there at a bit more than 90% in 2007. Of course, then the Great Recession arrived and down Las Vegas went again for a while.  

Interestingly, at least to us, while Las Vegas suffered the aftermath of 9/11, local and regional markets fared much better. Casino patrons enjoyed their nights out or weekends away, though they didn't particularly want to fly too far for longer excursions. 

All that said, no casinos closed. They did, to be sure, scale back -- though mostly on payroll; they laid off employees in droves and service suffered for years, especially on the Strip. But compared to the total casino shutdown we just went through and continue to fade to some degree, along with all the conflicting information and uncertainty about the future, the changes wrought by 9/11 in Las Vegas seem temporary compared to this pandemic. 

 

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Comments

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  • Jackie Aug-17-2020
    What a weird QOD
    President Kennedy's assassination did not cause a shutdown instead it was a show of respect.  9/11 was an act of treason against the American people by our government.  The current pandemic is either another act of treason or an outright attack upon the USA by China or every country on this planet is lying about their infection and death rates.  Something isn't adding up and being a Presidential election year makes it even more suspicious. Both the Democrats and Republicans are fanning the flames of misdirectional bullshit. Now watch on Tuesday as Biden loses the Presidential nominee to an ex-Republican turned Democrat with a 1.3 billion campaign budget. Interesting, isn't it?

  • OMB13 Aug-17-2020
    To the LVA staff
    I know you guys monitor postings in the comments section but I'm not sure how a political rant qualifies as a comment for a question about the economic impact of an historical occurrence.

  • thebeachbum Aug-17-2020
    Totally
    Totally agree OMB13.

  • Ray Aug-17-2020
    9/11
    Wow! I didn't know whether to comment on the QoD or on the comment. I'll leave Jackie this time and just add to the 9/11 issue. I was on a plane to Las Vegas when the first tower was flown into. We were getting close but they turned the plane around and made us land in Denver.After scrambling for a hotel we were finally flown to Vegas 3 days later. The whole story takes longer than the 1000 characters I'm allowed, but Alladin honored the free days we had once we arrived, things were VERY quiet by comparison, and we a good shortened trip. By the way, our plane that had been 3/4 full (capacity about 200) had 20 people left to fly on to Vegas when we finally flew again. Same plane, same crew, all were grounded until we left on Friday.

  • Gregory Aug-17-2020
    Dear Jackie
    Turn off Fox news.  You have been brainwashed.

  • Tal2 Aug-17-2020
    ???
    Wow, Jackie, what are you on?

  • rokgpsman Aug-17-2020
    I'm hopeful the smart folks will find a way
    Las Vegas is pretty resilient and there's huge money motivating the casino resorts to figure out what they need to do to get things going again, at least back to some level better than now. And there's a ton of pent-up demand, thousands of tourists and conventions want to visit. A lot of people all over the world are working to come up with ideas to make it safer to be around others in settings like a casino, pool, clubs, theaters or just walking down the sidewalk. We'll also see how places like DisneyWorld and other major attractions figure out what to do, someone somewhere will find a way to get things so we can have a better situation. But I don't think we should expect the covid-19 virus to get eradicated, it's here and part of our world now. But we can learn how to deal with it like we did with polio, measles, smallpox, rabies and other dangerous diseases. A vaccine will be a major help, but even that probably won't be the total solution. Everyone working together is needed.  

  • O2bnVegas Aug-17-2020
    Good overview by LVA
    Like Ray, I will resist...
    
    I was in Vegas on 9/11.  Our flight home was delayed 4 days.  Casino comped the extra nights.  No limit on what we could do; some shows cancelled as the performers couldn't get in.  We got in an upscale slot tournament (better goodies) for free since people registered for it couldn't get in.  Helped kill some time.
    
    We returned every 2-3 months per our usual routine; most everything we wanted to do (eat, gamble, a show or two) was available.  I was glad we had already done the Hoover Dam Tour since that was halted (eventually restarted).
    
    An odd 9/11 memory related to airport security on the flight home:  We decided to get to McCarran early and have breakfast there before the flight.  Scrambled eggs and bacon were served in a round plastic bowl, a plastic spoon the only utensil.  I guess they feared a plastic fork or knife could be turned into weapons.
    
    I was a teen when JFK was killed.  What was that "shutdown" like?

  • Roger Sulkowski Aug-17-2020
    Pittsburgh Roger
     To OMB 13,
    I'm with Jackie. It's called freedom of Speech.
    Go fly a kite!!!

  • OMB13 Aug-17-2020
    Roger
    My comment had nothing to do with freedom of speech. I was wondering what her post had to do with the Q of Day. She seemed to be making a political observation, and though  I overwhelmingly support her freedom of speech, my post was directed at the LVA staff and why it was OKed in answer to an economic QOD?
    
    Man, I love box kites.

  • Jackie Aug-17-2020
    Reply
    Gregory - I don't watch any news broadcast because you are correct, all newscasts are brainwashing or just pure "spin" or outright lies.  I watch the world, I monitor the Plutocracy's scheming, and I try to warn the brainwashed like you.
    
    OMB13 and thebeachbum - you obviously don't comprehend the english language.  I compared the causes of the shutdown and not the depth of recovery nor destruction.
    
    Tal2 - I'm on LIFE, what are you on?  
    
    Roger - Learn to read, my comment was on target of today's QOD otherwise it would have been deleted by those who could tell the difference.  Thank GOD the LVA staff is smarter than you.

  • Hoppy Aug-17-2020
    9/11  C-19
    After 9/11, as soon as I could, I flew to Vegas. The terrorists didn't win. During the C-19 pandemic, conversely, strength is achieved by staying home. Kennedy: judging from the 7 days of newspapers my parents kept, an initial common narrative eventually dissipated. 

  • salukidean Aug-17-2020
    Tough to feel sorry for casinos this time around
    Although 9/11 was clearly beyond the control of the casinos, the response to Covid19 was not.  Although the required shutdown was unfortunate, business could have been back much closer to normal now if they had opened correctly.  Instead, they threw caution to the wind and opened the doors with normal protocol.  As a result, Vegas is one of the hottest zones for Covid in the country now.  Many employees who were forced back to work in this war zone have suffered as a result and many of us who love visiting casinos refuse to go on the strip as a result of the industry's actions. It's a shame but their own mindless ways of operation will likely affect business for at least 2-3 years into the future 

  • OMB13 Aug-17-2020
    Last post for me
    I'll reply directly to Jackie. 
    
    I read very well, why be so hostile?
    Your posting didn't relate to what the Q of D was all about, so I asked the LVA STAFF to comment.
    
    Hope all can stay safe.

  • rodfan Aug-17-2020
    9/11
    We were supposed to take an early evening flight to Las Vegas on that date. ( We ALWAYS take the 1st flight out) and were so relieved to be safe at home with our kids.  But, as soon as things started moving, we couldn’t get to Vegas fast enough.  We, (like Hoppy) didn’t want to give terrorists any more satisfaction.  We did change our hotel plans though.  Venetian at $59 was just too good to be true.

  • Charlene Thomas Aug-17-2020
    to Gregory
    your brainwashed

  • Jxs Aug-17-2020
    It’s all yours Charlene 
    You own it? It’s “your” brainwashed?  I thought it was mine. Please repeat first grade and report back. Contractions can be tricky.

  • Joseph Hupcey Aug-17-2020
    after 9/11
    I remember coming to LV for a convention with a associate  shortly after 9/11.  The airlines were giving away seats (and upgrades). Hotel rooms were cheap (and upgrades).  And no lines anywhere. It was very surreal. 

  • Jeff Aug-18-2020
    Re: An upscale slot tournament
    An "upscale slot tournament" is an oxymoron, but I know what the commenter meant: The winner gets a Louis Vuitton bag instead of a ticket to a Wayne Newton meet and greet.