Has there even been a “new” show or performance there lately? You can’t keep running the Beatles “LOVE” or Michael Jackson’s “ONE” and get anyone excited. David Copperfield...really? And Kelly Clarkson at Cesears Palace? She’s a 3rd rate act. The Sphere is hundreds of dollars for a ticket. I’m not interested in a football game there. Even parking is now $30+ a day at casinos. T mobile arena has few good shows.
You can gamble on your smart phone....Has Vegas had it’s run?
I forgot to add, conventions.
Corporations and groups are basically eliminating costly conventions.
They have nice resorts in Oklahoma for the DFW people to go to.
Same goes for the impact of the COVID BS on both Vegas and US amusement parks. The chores related to travel are a factor. Vegas is another burgeoning nest of crime (which is apropos, given that the Mob more or less created it), and overbuilding with much more expensive new facilities contributes to all of the rising costs to visitors and the undercapacity problems that lead to financial losses. In the Mob days, their tax evasion from skimming made for a succession of corrupt owners, all of whom claimed to be losing money. Now, they often do lose money, but on a boom-bust cycle.
The Sphere is cool. Saw Kenny Chesney there.
The costs of the show, food, hotels are driving people away.
Then if you do go, you are hit with a resort fees and parking fees. By the time they are done, you got no money left to gamble.