Las Vegas Feeling The Pinch
Sin City has alwaus had a reputation of being “recession-proof”, but the recent economic downturn appears to have caught them. Most leading indicators for the gamblng mecca are down, as US citizens deal with historically high gas prices, the sub-prime mortgage crisis and rising prices of food. This means less people traveling, and less people traveling to Vegas with a pocket full of discretionary dollars.
People are staying closer to home throughout the country.
