Macau will take over & Vegas will be like Atlantic city.
Cant recover from this, Most hotels have closed & lay offs have commenced.
Boyd is losing 4 Mil/DAY - 9 months till insolvent
MGM losing 15Mil/DAY - 9 nmonths till insolvent
Penn National 7Mil/DAY - 5 months till insolvent
Red Rock 1.7 Mil/DAY - 13 months till insolvent
No WSOP this year so Ceasars will hurt as well.
There will be gambling in Vegas but the variety & volume will be greatly decreased.
Cruise ships & river boat casinos will be more popular than Vegas.
Cant recover from this, Most hotels have closed & lay offs have commenced.
Boyd is losing 4 Mil/DAY - 9 months till insolvent
MGM losing 15Mil/DAY - 9 nmonths till insolvent
Penn National 7Mil/DAY - 5 months till insolvent
Red Rock 1.7 Mil/DAY - 13 months till insolvent
No WSOP this year so Ceasars will hurt as well.
There will be gambling in Vegas but the variety & volume will be greatly decreased.
Cruise ships & river boat casinos will be more popular than Vegas.