Originally Posted by
dcpatti
Vegas is hurting on its own and people wouldn't be going there no matter how many flights would be going in. I was just there and it's shocking--- you can find $5 craps tables at some of the older casinos *on the strip* and $10 craps at the bigger MGM resorts on a Friday night. That's unheard-of. Even 6 months ago you couldn't play a table game on a Friday night with less than a $15 buy-in. There's very aggressive discounting going on for shows and events, too.
As someone who has visited Vegas once or twice a year for the last twenty years, I have a different take on the reason they are hurting. It used to be very inexpensive to eat and stay on the strip, and the casinos all made money from the slot machines and tables. The last time I went, I was shocked at how outrageously expensive the hotels and restaurants have become. The casinos now treat the rooms and restaurants as independent profit centers. If you eat at many of the restaurants at the hotel, dinner for two is pushing $200, even without wine. Weekday rooms that used to be $59 now are $200 -$300 a night, not including internet access or health clubs. Even on an expense account the level of money-grubbing by the casinos was galling. Kinda like USAirways, when you think about it....