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Valuetainment

"Can Vegas Make A Comeback?" - Las Vegas In CRISIS As Tourism PLUMMETS To All Time Low

Valuetainment

Valuetainment Episodes

Business

4.81.7K Ratings

🗓️ 5 October 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

Las Vegas tourism plunges with declining hotel occupancy, gaming revenue, and flight fears tied to the government shutdown. PBD and the crew debate whether conventions can save the city, or if OnlyFans, online gambling, and lifestyle shifts have made Vegas obsolete.

Transcript

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0:00.0

Rip off Las Vegas faces another huge tourism slump thanks to government shutdown as Americans avoid flying over fears of travel chaos and plane crashes.

0:11.8

Give me a flipping book with that title.

0:14.1

But let me read it to you.

0:15.0

So what is this, Rob?

0:15.7

Is this the clip about the article?

0:17.7

Yes.

0:18.3

Go for it.

0:19.1

It was another rough month for Las Vegas tourism.

0:21.7

In May, nearly every major stat took a dip.

0:24.7

Strip gaming revenue dropped 4% year over year with downtown down over 11%.

0:30.1

And the Boulder Strip was off by 8.3%.

0:33.1

Visitation fell by 6.5% both for the month and year to date.

0:38.2

And hotel occupancy on the strip dropped by 3.2%.

0:42.4

Even airport traffic and cars entering from California were down.

0:46.7

Surprisingly, the average daily room rate also slipped below $200 for the first time in a while.

0:53.0

So that is good news.

0:54.1

The only bright spot, convention attendance was up nearly 11%.

0:58.2

Is the era of nonstop growth and sky high prices finally cooling off?

1:03.4

The numbers say maybe.

1:05.5

Yeah, I mean, it's so bad.

1:07.2

You know how they have these waitress girls that walk around?

1:10.3

They can't afford them no more

...

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