Past is prologue: Las Vegas must confront deeper issues

Schwartz, David
January 2009
Las Vegas Business Press (10712186);1/12/2009, Vol. 26 Issue 2, p25
The author emphasizes the need for the city of Las Vegas, Nevada to confront structural issues that exacerbate the decline of the gambling industry in 2008. He says that he agrees with market observers that the hotel industry in the city has reached its saturation point. He points out that the decline of 2008 implies that optimism does not always lead to growth and that overly aggressive expansion exists. Also cited is the significance of the opening of the Encore in December.


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