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Did Las Vegas make the right choice?
December 25, 2008, 8:12 am (2 years ago)Las Vegas has bet its future on 2,200-square-foot suites and $5,000 bets on slot machines. The most recent group of extra-large-resorts revels in lavishness. Frugality mostly went out with showgirls.
Now some doubt if that was a smart move. The downturn has shuffled Las Vegas casinos, once praised as impermeable to the national financial system's ups and downs. Comparing this October with the same month last year, most of all: the number of visitors, hotel occupancy, the number of conferences.
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