April 13, 2011 at 9:48 am
#815632
Inactive
I cannot believe that online gambling has surplanted Vegas gambling. People who go to Vegas, are going for the atmosphere and the “experience”. Online gambling in your pajamas from home, does not surplant that. What is effecting business in Las Vegas is our economy (which still stinks), and the cost of gas, which has become prohibitive. I know revenue is down in Vegas, but I just saw on some list where the Sands stock has had the 2nd biggest year of any equity in the U.S. stock market – so, revenue may be down, but profit is still up (probably due to cost cutting moves).