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🗓️ 23 August 2025
⏱️ 9 minutes
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0:00.0 | This is CBS Eye on the World. Here's John Batchelor. Jeff Bliss is Pacific Watch. We go right to Las Vegas. There's trouble. Jeff, a very good evening to you. I understand there's a heat wave in SoCal, but not the scale of heat on the owners in the |
0:22.1 | strip in Las Vegas. Business is slower, acknowledges one man who's a veteran of working on |
0:28.8 | the strip for food and drinks. What's happened, Jeff? Is this nickel and dime, or is it worse? Good |
0:34.2 | evening. Good evening, John. This is a combination of several things. The nickel |
0:39.2 | and diming problem where they've been throwing all kinds of fees and charges, everything you |
0:44.4 | can imagine has taken its toll. It's certainly keeping away a lot of the regular traffic. It would come |
0:49.9 | from a place like Southern California that's just a few hours away. But there are also, |
0:55.7 | there's worry about the economy, a possible recession, about discretionary income. And, |
1:02.0 | you know, as the resort casinos have been raising prices, they've been cutting back staff, |
1:08.9 | services dropping off, it's harder to get food and drink |
1:12.0 | and any kind of service in the hotel. So people are saying, you know, what am I going there for? |
1:17.2 | I'm going to get a lousy service. I'm going to get charged through the nose. And then, you know, |
1:21.8 | I'm going to lose 5,000 at the tables on top of that. And one of the reasons I bring up the tables |
1:26.5 | is because it seems like they've jacked up the minimum betting at one of the reasons I bring up the tables is because it seems like |
1:28.1 | they've jacked up the minimum betting at most of the tables. I remember when you could bet two or even |
1:32.9 | $5 at a blackjack table for a minimum. And now you're talking about, you know, 25 minimum in a |
1:41.0 | lot of places. And that you see you see blackjack tables that were never, never empty, just going |
1:47.6 | without these days. |
1:48.8 | So you've got all those problems. |
1:50.6 | And then I always have to add the fact that gambling is almost everywhere now, you know, |
1:55.7 | the ubiquity of it. |
1:56.7 | So you've got people who can do it online. |
... |
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