Vegas Emptied by Greed

A friend of mine spent 3 days in Vegas, saw the Wizard of Oz at the Sphere -which she loved - but said she has no desire to ever go to Vegas again.

I think this video may explain why. Vegas is no longer a party. Vegas is dead. Do you agree?



Major points.

The streets and casinos are empty.

The casinos are gouging their customers with every transaction. Hotel rooms, restaurants, parking.

To financially survive their vacations, people are buying beer and chips at Walgreen's and CVS and staying in their hotel rooms.

Cost cutting has eliminated the major attractions that were destinations on the Strip - the Mirage Volcano, the Treasure Island boat show, the Bellagio fountains and others. The sidewalks are no longer a party.

The middle and lower classes have been priced out of Vegas. The streets and casinos no longer exhibit the pageantry and diversity of the American population. It's now designed for whales and wealthy tourists.

Thanks to ChumpChange for posting this video on his blog.

Indian casinos finally destroyed Vegas. Saw it coming 20 years ago. My local is booming, they are even adding a hotel. Last time I was in Vegas was 2019, knew then I would never go back. Even my wife has no desire to go there.

I agree with the first part Vegas is emptied, but not the second part it is caused by greedy. It’s empty because everything has become too expensive for consumers.

Flying sucks these days. Flyers seem more entitled than ever, and YouTube has taught everyone that asking for a supervisor will solve all their problems. Delays are out of hand, and airlines seem to have cut back on staffing.
It's a strange time. Almost everyone in my social circle is doing well, but hardly any of them are optimistic.
A good friend, who is a retired Operating Engineer, is literally panicking because he recieved a letter informing him that his pension is only guaranteed at the present rate for 35 years and will then be cut by 20%. He's got to be in his 70s and, at worst, has 30-plus years to prepare for it, but he's cutting back on his Christmas spending.

The corporations tried to make Vegas into an exclusive place for the rich, but they forgot an important fact about the rich- they did not get that way by allowing themselves to be taken advantage of! They should have known better. The rich people I know will spend money, but not on something where they don't get their money's worth and they sure are smart enough to tell the difference. I'm talking about rich with several M's and not with a B. Rich with a B is uncommon and usually involves special circumstances where you can't compare them to anything else or even each other, so there is really no way to define a business model with them as customers. But rich with an M you can get just by having good habits.

What it seems like they are getting (and possibly aiming for) is more of the pretend rich who think paying $20 for a bottle of water or paying many hundreds just to walk into a nightclub is a badge of honor. And those are people with bad habits, and are usually a turnoff to be around for the real rich, the middle class, and even solid working stiffs. But they are targets for the criminal class, that doesn't need to be enticed to come to Vegas because they already live here and aren't exposed to the exorbitant prices in the tourist sector. Thus this idea that they will keep undesirables out by raising prices is having the opposite effect. It's like trying to scare away rats by throwing popcorn at them.

It carries over to the gaming too and when you have a stupid product, you need stupid customers and if you want people to play your 6:5 BJ and triple zero roulette, the scammy pricing on everything else can serve as a filter to separate the smarts from the marks and make sure you have only the latter on your gaming floor.

The reality is that Vegas is still a bargain when you compare it to other vacation spots. What does a week in a top NYC hotel run?
Compare the cost of a week for two in Vegas, NYC, Miami, LA, or New Orleans, and Vegas wins hands down. Vegas flights are cheap enough, but too much hassle.

Quote: AutomaticMonkey

The corporations tried to make Vegas into an exclusive place for the rich, but they forgot an important fact about the rich- they did not get that way by allowing themselves to be taken advantage of! They should have known better. The rich people I know will spend money, but not on something where they don't get their money's worth and they sure are smart enough to tell the difference.
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(snip!)

If you're of the personality type that wants to impress others with your lavish conspicuous consumption... there's nobody to flex on in an empty room.