![]() The response has been a push for shows, tours, shopping (now a larger sorce of revenue per square foot than gambling in some spaces) and dining in varying degrees of price points (with up charge options) to attract consumer spending. These companies have learned that following the 2008 recession, visitors are far less interested in gambling than they ever were, and want to know that when they pay for something they WILL get it, not MAYBE. Also, unlike the competing casinos of old, The Strip and its attractions are being mostly folded into a pair of corporate owners (MGM and Caesars) with only some 5-star properties (like Wynn) doing things on their own. No longer just a place to chain smoke and gamble, Las Vegas is now a very multifaceted resort-city, offering a wide range of options and activities for visitors and convention goers who want to live a few days in a vacation bubble. That running joke is fairly old, but from what I've seen that's becoming more and more of a factual description.
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