Valuetainment "Can Vegas Make A Comeback?" - Las Vegas In CRISIS As Tourism PLUMMETS To All Time Low
Oct 5, 2025
Las Vegas faces a tourism crisis with falling hotel occupancy and gaming revenue. Conventions show a slight uptick, but is that enough to save the city? On-the-ground experiences reveal eerily empty spaces. Discussions delve into cultural shifts, online platforms, and health trends jeopardizing visits. The future hinges on whether Vegas can reinvent itself, much like bookstores adapting to technology. Only time will tell which venues will thrive and which will fall by the wayside.
AI Snips
Chapters
Transcript
Episode notes
Vegas Numbers Show Mixed Decline
- Las Vegas saw broad declines: gaming revenue, visitation, and hotel occupancy fell in May year-over-year.
- Convention attendance was the only bright spot, rising nearly 11% and partially offsetting losses.
On-the-Ground Visit To MGM
- Patrick Bet-David visited MGM and observed empty casino tables and a staff member saying "tourism is down dramatically."
- He also noted conventions are up and Vegas is becoming a convention hub, overtaking Orlando.
Tech And Lifestyle Undercut Vegas
- Vegas's core draws are eroding: gambling can be done online and fewer people drink or party heavily.
- These lifestyle and tech shifts reduce the need to travel to Vegas for traditional vices and entertainment.