What do you make of the LVCVA promoting heavily, while the Strip casinos keep their prices and fees sky high? Do you think this is a coordinated effort to change the business model from attracting the average traveler to catering to the biggest spenders?
We couldn’t say if there’s a “coordinated effort” or not (which would border on conspiracy), but it certainly appears that Las Vegas is moving in the direction of appealing more to upper-class than value-conscious visitors.
This is becoming a meme and not only via sensational media headlines about how expensive everything has gotten in Las Vegas, especially on the Strip. In forums and chat rooms and all over social media, we’ve seen comments to the effect that Las Vegas is intentionally shifting its strategy toward becoming less accessible in favor of becoming more exclusive.
In our view, this has been escalating since the reopening of Las Vegas in June 2020 after the nearly three-month pandemic shutdown. A number of trends have emerged since then. First and foremost, the casinos discovered that they could raise the prices of virtually everything and figuratively starving visitors would line up to pay them. (They also learned that they could provide good-enough customer service with a smaller workforce.)
By then, the resort and parking fees “experiment,” starting in the early 2000s and 2016, respectively, had proved to be a success. Even in light of a fair amount of highly public pushback over the fees, visitors still flocked to the Strip and sucked it up when it came to shelling out for all the tacked-on charges. And they continued to do so when those fees started rising and rising.
It’s no secret that the Wynn, perhaps the most exclusive resort in Las Vegas, has been defying the current slowdown with record earnings and profits. Station Casinos, the erstwhile bargain locals company, has been raking it in since pivoting to a more Strip-like model, especially at Durango; Station’s second quarter of 2025 was the best in its 49-year history, achieving more than a half-billion dollars in net revenue in the three-month period.
It goes without saying that Formula 1, notwithstanding the token offered to locals via reduced ticket prices for the worst seats and standing room, is aimed at the high end of the market when it completely takes over the city for a week. Wynn does just fine. Downtown not so much.
Cirrus Aviation, a Las Vegas-based private-jet charter company, told Fox News Digital recently, “Business is booming. The millionaires, billionaires, celebrities, athletes, residencies — you name it — are flying in.”
Personally, in our review of Gjelina at the Venetian, where we paid $100 for a minimal lunch ($78 for food and drink, $15.60 mandatory service charge, and $6.53 tax), plus $45 to valet park (due to circumstances), we concluded, “Yet another very expensive and less than satisfying couple of hours on the Strip.”
All this in the midst of the very well-publicized “downturn” in Las Vegas’ recent fortunes.
We’re not sure what to make, exactly, of the LVCVA’s campaigns, especially the five-day sale from a few weeks ago. Are they desperation moves to counter the international storyline that Las Vegas is a ripoff? Are they a cynical attempt to fool some of the people all of the time by putting lipstick on a pig? Are they a sop, a bone thrown to both the big casinos taking most of the high-price heat and small casinos that are really feeling the pinch?
What do you think?
In the end, we suppose the more things change, the more they stay the same. It doesn’t matter how much money you have or how famous you are, a sucker is still a sucker and Vegas has thrived on them since long before our time. Our readers, LVAers, know better. Some of you have stopped coming here altogether and we certainly don’t blame you. Others still come and get good value for their money by paying close attention. We hear from you all the time.
We might be a dying breed, but until we’re all gone, we can still get more out of Las Vegas than Las Vegas gets out of us. Just ask Bobby Vegas.
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