The Unraveling of Sin City
Las Vegas, once the epitome of affordable extravagance, is grappling with a profound economic downturn in 2025, marked by plummeting tourism numbers and a hospitality sector in crisis. Visitor counts have dropped sharply, with the Las Vegas Convention and Visitors Authority reporting a 6.5% decline through mid-year, equating to over a million fewer guests compared to 2024. This slump isn’t just a blip; it’s a symptom of deeper structural issues, including rampant corporate greed and unchecked price inflation that have alienated the middle-class travelers who long sustained the Strip.
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