When I first got off the plane I could tell that things were a little different. Las Vegas airport is normally popping but this time it seemed to be mostly business travelers, probably going to the same convention that I was going to. I caught a cab to get a ride but what I got instead was a guide. We drove down the strip heading for Treasure Island.
"Do you see the cranes on the top of the building he asked?", as he pointed high to several different building that were, at one point under construction. I nodded. "All of these have stopped production. They have run out of money.", he said and shook his head. He had a thick accent but I was getting it all. He explained that he used to own real estate and rented out his apartments to people that worked on the Vegas strip, mainly immigrants from his country. He explained that while travel to Vegas was off 30% the gaming was off over 45% and the show attendance was way down. He explained that everybody was hurting including and especially the cab drives. There were too many cab drivers fighting over the same ride. So many companies are downsizing in a town that was supposedly made of money.
When I got to Treasure Island it was about 4 o'clock and the tables were pretty much empty. I came back down at 10 that night and was shocked to see that one whole table section was shut down.
This was a different Vegas. If you love Vegas, I would suggest going there to give it the support that it needs.
Author Resource:-
Read about the new Las Vegas if you will and how it is to be in Vegas during the recession. We went there and were shocked to the see the difference this year in 2009 versus how Las Vegas was in 2007 before the recession hit. Gambling was down I was told but that was not the biggest difference.
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