Posted on 08/06/2025 10:13:41 AM PDT by Miami Rebel
The decline in tourism numbers is causing significant concern for Nevada's economy, with impacts reaching beyond the hospitality industry.
Jimmy Singh, who runs Las Vegas Souvenirs and Gifts, said his business is suffering due to a combination of factors, including the F-1 street closures and tariffs on imported merchandise. "I saw that also, for now, that tourism is less than last years. We see like a 30 to 40-percent drop," Singh said, noting a significant decrease in foot traffic and fewer international visitors.
Singh added that Canadian tourists, once a significant portion of his customer base, are notably absent. "Canada is more worst. Used to we have a lot of Canadians. Lot. Everywhere I see a Canadian. And now? No," he said.
Tourism is crucial to Nevada's economy, with a $98 billion impact, supporting over a quarter of all jobs, generating 22% of wages, and contributing 34% of tax dollars to the general fund, according to Applied Analysis and the Nevada Resort Association.
This results in a $3,000 reduction in the tax burden per household.
Alan Feldman, Director of Strategic Initiatives at UNLV's International Gaming Institute, said the decline in tourist-driven revenues from gaming and resorts has lawmakers hesitant to raise taxes, leading to potential cuts in public programs. "I think in Nevada, the more historic response has been cutting programs, reducing programs," Feldman said. "So it's not just politicians who are concerned. I'm confident there are teachers who are concerned. There are library staff who are concerned. There are hospital staff who are concerned."
The question remains whether this downturn is part of a cycle or a new normal. Singh expressed concern about changing perceptions of America among international tourists. "People think in a different way now. Used to say everybody love for America and now, a lot of them, they don't," he said.
The A's are expecting Vegas to pay for their new stadium. So far, they haven't said that they'll do that. Either they'll have to sell the team or move elsewhere (Nashville?)
Not being one thus hardwired, I defer to your knowledge in the area. As a reader of Swain’s books, I find it fascinating that people persist in the quixotic endeavor, maybe even knowing the odds against them. Then again, maybe they consider it fair exchange for the other perks of being sheared, like shows, lights, food, mass shootings and so on.
Maybe people are only just realizing that now.
Fair enough, I gave my thoughts on the decline, so what are yours?
What's the major attraction of tourism to Las Vegas?
you pay at any of the multiple kiosks on every street
My first visit to Vegas was 1998. Been there at least a dozen times since.
In 98 the waitresses were stunning and all had boob jobs. Streets were clean and prices were good.
Now? Pure ghetto and lots of homelessness. Marijuana openly used in streets. Prices are laughable. I don’t gamble.
Economic confidence might be a factor, but for sure foreign visits are down, especially Canadian.
International visitor spending to the U.S. is projected to fall to just under $169 billion this year, down from $181 billion in 2024.
York now forces you to install an app then give it your bank info then text some code #..
This is everywhere in town. Major pita..
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