Las Vegas hotel rates on the Strip have shown a steady decline through 2025, despite marketing efforts by the Las Vegas Convention and Visitors Authority (LVCVA) to counter the city’s growing reputation for high prices. According to a recent report from Truist Securities, the ongoing promotional campaigns have had only a modest effect on reversing weakening demand. The firm’s latest survey found that average daily rates across the Las Vegas Strip fell about 5 percent year-over-year. The decline was more pronounced for major resort operators, with room prices down 7 percent at MGM Resorts International properties and 17 percent at…

The lights are on, but the crowds are thinning. As Las Vegas tourism falls, prices continue to soar. Is sin city pricing itself out of success?  Well, that’s what we’re taking a look at this week in gambling! Falling Vegas visitation is hurting gaming revenue, air travel, hotel occupancy, and more. Why have people stopped visiting? And what are resorts doing to turn things around? Las Vegas tourism fell for the sixth consecutive month in June, and with it hotel occupancy, air travel and gaming revenue are also in a tailspin. Some say this is due to inflation. Some say…

Las Vegas has changed over the years, and gone are the days of steak and lobster for a few dollars. Sin City now boasts world class cuisine and major concerts, as well as professional sports teams. And all of this is leading to the higher paying customers that gambling companies really want. Heading to Vegas for Memorial Day?   Hello friends! With the Memorial Day holiday almost upon us, some of you may be headed to Sin City for the long weekend. And if so, chances are you’re going to pay more for this Las Vegas trip than you did…