Vegas is doing everything they can to generate income.
https://www.casino.org/news/fabulous-5-day-sale-exploded-digital-engagement-vegas-officials-claim/ (https://www.casino.org/news/fabulous-5-day-sale-exploded-digital-engagement-vegas-officials-claim/)
I was going to make a list, but here is a great article that outlines it all except for the first two I will add for higher line players.
1). They larger brands several years ago held the player's points to cover their issued comps, then once covered would release any excess points for players use on property (usually one point equaled $1.00).
2). The larger brands increasing player's average wagering for their usual comp levels they were at.
Link to great article.
https://www.thestreet.com/travel/this-might-be-the-las-vegas-strips-most-ridiculous-fee-yet
The silverware charges are absurd
There is also a, "put anything in the mini fridge charge". Which is way north of absurdity
And also the general price gouging on such things as show/event tix and pool charges.
There is more, but they did it to themselves, plain and simple.
Link below.
I agree about self inflicted. Vegas not only sat back and watched other casinos(Indian , online cas, sports wagering,..etc) take their market share. They turbo charged their own demise with what u mentioned above.
Much like Walmart once dominated their part of the market. Then sat back with complacency for 7-10years as Amazon grabbed their share with faster service, free shipping, better prices, easier returns, and on and on.
Like many things in life its easier to maintain a lead than play catch up.
*I also find it interesting how the LV casino industry spins each month/quarter/annual report. Headlines such as Vegas tourism is down but Hold from Baccarat is up. Vegas profits down but due to post-covid hesitation by tourists,...etc.
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** Quote from the link below:
"...Las Vegas saw a 12% decline in visitation in July — the last month for which statistics were released — compared to July 2024, marking the sixth consecutive month of year-over-year declines. Hotel occupancy rates also dropped to 66.7% in early July 2025, down nearly 17% from the same period in 2024..."
https://www.casino.org/news/layoffs-at-the-venetian-las-vegas-raise-more-questions/ (https://www.casino.org/news/layoffs-at-the-venetian-las-vegas-raise-more-questions/)
Continued Success To All,
Highest majority of people who desire to gamble can certainly do it in almost every state now. Why spend the extra for travel coupled with ultra price gouging past comprehensibility? Another factor is flying. Even for 100% compliant 'Real ID w/yellow star', it has become additionally burdensome all the way around.
As far as higher line players, there are so many properties throughout the country offering max table limits all the way to $100k without anything special, no front money, no credit lines, etc., just of the street and buy-in.
As far as concerts, shows and events-those too are all over the country in casinos nowadays as well.
Sure Vegas has some special things and one of a kinds, but once or twice done, it's all good for the majority IMO.
As far as the younger Millennials and older GenZ, party/pool thing for 3 seasons a year, they will pay over the top prices I'm sure. But the gambling isn't there in most cases.