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[–] 21 points 7 months ago (1 child)

The problem is they are competing with the entire world then. The 1% would rather go to Macau.

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  • [–] 15 points 7 months ago* (last edited 7 months ago)

    Exactly. The top 10% of the US population is currently responsible for 50% of spending, which is propping up the economy. But places like Vegas don't cater to the top 10%. Oh sure, there are high-roller areas; but for the most part, Vegas caters to the lower-middle class. Shockingly, rich people don't like hanging around smokey casinos and a bunch of drunk gambling addicts. It's no surprise that it's suffering.

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