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Milwaukee Mike raises some good points, and I have to agree.
The strip is in big trouble (obviously) from this pandemic and subsequent losses in revenues from casinos, conventions, hotel rooms & restaurants (tourism), and to a lesser extent - sports betting.
Their financial bottom lines will feel incredible pressure from not only the immediate losses in revenues but also what we can anticipate will be
reduced tourism for at least another 18 months. A large segment of North America and Europe won't have near as much disposable income for such luxuries as a Vegas trip. Then there are the very real concerns of many people who will be much more "skittish" about being in crowds, at least for awhile - even after a vaccine for this particular strain of coronavirus is discovered.
Furthermore,
Las Vegas is in the midst of a water crisis - which is threatening to turn severe in a hurry!....Realistically there could be water rationing on the way (including hotels) and/or higher costs. If hotels/restaurants/golf courses, etc have to pay more for water any increase in costs passed on to the customers would further reduce tourism. Likewise if hotels raise rates in effort to recover some 2020 losses.
But in so far as sports-betting is concerned, one year from now and beyond, why would gamblers travel to Vegas (expense will be more important for many) when nearly half the US states already
have, or soon to have, legal brick & mortar sports-gambling with many more to follow!!!....This would seem to be a growth industry among
ALL the states who are smart enough to cash in. Vegas may just become an expensive place to go if you have a lot of cash, or live near by. There are (and will be) other, closer and thus cheaper options coming soon to a city near you.
Vegas itself can be expected to suffer financially, see bankruptcies and many foreclosures, then within 10 years return to the desert...
https://theurbantwist.com/2020/03/31...tting-in-2020/
https://www.legalsportsreport.com/36...-betting-2020/