{"id":2433234,"date":"2025-05-10T13:27:10","date_gmt":"2025-05-10T17:27:10","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/las-vegas-casinos-unwilling-to-gamble-with-weakening-economy-washington-examiner\/"},"modified":"2025-05-10T13:30:33","modified_gmt":"2025-05-10T17:30:33","slug":"las-vegas-casinos-unwilling-to-gamble-with-weakening-economy-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/las-vegas-casinos-unwilling-to-gamble-with-weakening-economy-washington-examiner\/","title":{"rendered":"Las Vegas casinos unwilling to gamble with weakening economy &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Flas-vegas-casinos-unwilling-to-gamble-with-weakening-economy-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2433234&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The article discusses the current state of Las Vegas casinos amid a weakening economy. Despite the <a href=\"https:\/\/amzn.to\/3YuVZYV\" >gambling industry experiencing important growth<\/a>, with record revenues of $31.5 billion in Nevada, casinos are facing challenges such as layoffs and tighter operational budgets as post-pandemic business begins to slow. Many casino employees are at risk of job loss as establishments opt for leaner operational strategies, a trend that has been ongoing as the Great Recession.<\/p>\n<p>Amanda Belarmino, an assistant professor at the University of nevada, indicates that casinos are focused on making strategic cost cuts without compromising service quality. Even though the Las Vegas Strip has seen a rebound as the pandemic, there is growing concern about advancements in technology, particularly AI, wich may lead to further job reductions as processes become more efficient.<\/p>\n<p>Additionally, the overall gaming market is shifting towards online platforms, raising concerns about the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republicans-go-to-war-against-joe-bidens-450k-payouts-to-border-crossers-civilizational-homicide\/\" title=\"Republicans Go to War Against Joe Biden&#039;s 0K Payouts to Border Crossers: &#039;Civilizational Homicide&#039;\">long-term viability<\/a> of brick-and-mortar casinos as competition intensifies. the article highlights the precarious position of casino employees in an industry that is evolving rapidly, necessitating adaptation to both economic and technological changes.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Las Vegas casinos unwilling to gamble with weakening economy<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2117729\" class=\"tpd-featured-video bridtv\"><\/div>\n<p><strong>(The Center Square) &mdash;<\/strong> Las Vegas casinos are betting on tighter budgets for their operations as a post-pandemic boom slows and morphs into a&nbsp;trickle of layoffs.<\/p>\n<p>Even as the country gambles at historic levels, casino employees are at risk of losing their jobs.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3407581\/tourism-rebounded-in-seattle-last-year-international-tensions\/\">Tourism rebounded in Seattle last year as international tensions cloud outlook<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/3406914\/usps-postmaster-general-david-steiner\/\">USPS picks ex-Waste Management CEO as new leader<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3406599\/egg-prices-investigation-doj-jim-banks-elizabeth-warren\/\">Jim Banks and Elizabeth Warren push DOJ to investigate egg prices further<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>&ldquo;This seems to be part of a long-term trend to try to keep leaner operations that began during the [Great] Recession,&rdquo; Amanda Belarmino, an assistant professor at University of Nevada at Las Vegas&rsquo; College of Hospitality,&nbsp;told the&nbsp;<a href=\"https:\/\/www.reviewjournal.com\/business\/casinos-gaming\/whats-behind-all-the-recent-layoffs-at-las-vegas-casinos-3367270\/?utm_campaign=widget&amp;utm_medium=latest&amp;utm_source=homepage&amp;utm_term=What%E2%80%99s%20behind%20all%20the%20recent%20layoffs%20at%20Las%20Vegas%20casinos%3F\">Las Vegas Review Journal<\/a>. &ldquo;Casinos tend to try to find ways to make strategic cuts that will not impact service quality.&rdquo;<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3292730\/all-executive-orders-actions-trump-first-day\/\" target=\"_blank\" rel=\"noreferrer noopener\">FULL LIST OF EXECUTIVE ORDERS, ACTIONS, AND PROCLAMATIONS TRUMP HAS MADE AS PRESIDENT<\/a><\/strong><\/p>\n<p>But after the&nbsp;<a href=\"https:\/\/www.rgj.com\/picture-gallery\/news\/2020\/03\/21\/photos-heres-las-vegas-strip-during-covid-19-shutdown\/2888740001\/\">devastation<\/a>&nbsp;the COVID-19 pandemic dealt the Las Vegas Strip, the area has experienced a&nbsp;<a href=\"https:\/\/thenevadaindependent.com\/article\/las-vegas-locals-casinos-clearly-booming-exceeding-pre-pandemic-gaming-numbers\">rebound<\/a>&nbsp;beyond the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-most-conservative-sport-5-ufc-stars-who-dont-hide-their-right-wing-opinions\/\" title=\"\u2018The Most Conservative Sport\u2019: 5 UFC Stars Who Don\u2019t Hide Their Right-Wing Opinions\">pre-pandemic economy<\/a> since 2021.<\/p>\n<p>While Nevada and the Las Vegas Strip&rsquo;s gambling industry income declined in 2024, largely due to new union contracts and around 6,000 new employees state-wide, revenues reached a record high&nbsp;<a href=\"https:\/\/cdcgaming.com\/las-vegas-casinos-fy24-net-income-declines-40-4-despite-6-8-revenue-increase\/\">$31.5 billion<\/a>.&nbsp;<\/p>\n<p>Nationwide, the gambling industry grew for the fourth straight year in 2024 to&nbsp;<a href=\"https:\/\/www.reviewjournal.com\/business\/casinos-gaming\/las-vegas-strip-gaming-revenue-down-industry-growth-declining-group-says-3307234\/\">$71.9<\/a>&nbsp;billion in revenue, but much of this growth has been attributed to the online gambling world.&nbsp;<\/p>\n<p>The worry around the Las Vegas Strip is that human employees could be replaced as <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bokhari-metaverse-hype-was-born-of-coronavirus-groupthink\/\" title=\"Bokhari: Metaverse Hype Was Born of Coronavirus Groupthink\">technology advances<\/a>.<\/p>\n<p>MGM Resorts has recently let go of&nbsp;<a href=\"https:\/\/www.reviewjournal.com\/business\/casinos-gaming\/whats-behind-all-the-recent-layoffs-at-las-vegas-casinos-3367270\/?utm_campaign=widget&amp;utm_medium=latest&amp;utm_source=homepage&amp;utm_term=What%E2%80%99s%20behind%20all%20the%20recent%20layoffs%20at%20Las%20Vegas%20casinos%3F\">several dozen employees<\/a>&nbsp;in multiple rounds of layoffs, with concierge positions in six of the company&rsquo;s nine Strip locations being fully removed. MGM Resorts reported that their digital concierge service oversees more than&nbsp;<a href=\"https:\/\/www.travelweekly.com\/Travel-News\/Hotel-News\/MGM-Resorts-streamlines-Las-Vegas-concierge-services\">70,000<\/a>&nbsp;conversations &ndash; monthly.&nbsp;<\/p>\n<p>Artificial intelligence operations have also increased on the Strip. AI is being used to help design ideal floor plans in casinos and track gamblers, as&nbsp;<em><a href=\"https:\/\/www.businessinsider.com\/gambling-industry-ai-big-bets-casinos-desperate-americans-las-vegas-2025-1\">Business Insider<\/a>&nbsp;<\/em>reported.&nbsp;<\/p>\n<p>&ldquo;In general, increases in revenue have outpaced increases in payroll,&rdquo; wrote the UNLV Center for Gaming Research in an April 2024&nbsp;<a href=\"https:\/\/gaming.library.unlv.edu\/reports\/lvstrip_emp.pdf\">report<\/a>. &ldquo;Casino resort employees produced proportionally more revenue now than they did in the past.&rdquo;<\/p>\n<p>As technology advances make casinos more efficient at a lower cost, employees are at risk of losing out on some positions, as the Strip has begun to see.&nbsp;<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3315975\/doge-doing-across-federal-government\/\" target=\"_blank\" rel=\"noreferrer noopener\">TRACKING WHAT DOGE IS DOING ACROSS THE FEDERAL GOVERNMENT<\/a><\/strong><\/p>\n<p>At the same time, the industry as a whole is shifting online. While the Strip is still&nbsp;<a href=\"https:\/\/www.reviewjournal.com\/business\/casinos-gaming\/las-vegas-strip-gaming-revenue-down-industry-growth-declining-group-says-3307234\/\">the largest<\/a>&nbsp;American gaming market, the&nbsp;<a href=\"https:\/\/www.americangaming.org\/resources\/commercial-gaming-revenue-tracker\/\">rapid growth<\/a>&nbsp;of the sports betting and online gambling world poses a potential threat to Las Vegas.<\/p>\n<p>The Center Square did not hear back from a request for comment by the Nevada Resort Association.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2117729\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2117729\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Las Vegas casinos are tightening budgets amid a slowing economy, leading to layoffs despite high gambling levels<\/p>\n","protected":false},"author":2869,"featured_media":2433235,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/10\/lasvegassign.webp","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[16779,9168,23297,32111,32076],"class_list":["post-2433234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-casinos","tag-economy","tag-gambling","tag-las-vegas","tag-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/10\/lasvegassign.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2433234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2869"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2433234"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2433234\/revisions"}],"predecessor-version":[{"id":2433238,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2433234\/revisions\/2433238"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2433235"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2433234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2433234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2433234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}