Las Vegas Changes You Can't Ignore (December 2024 News & Updates)

[@JacobslifeinVegas]

*Get Vegas $4,052.20 For Free👇* www.jacobslifeinvegas.com/

[@blackdragon8505]

It should continue to decline as they continue to lower the odds on table games and rtp on slots/video poker.

[@Maximus01776]

No more trips to las Vegas, the parking charge was enough for us not to visit anymore

[@philspd473]

Jacob, I have been watching you quite some time now. You are more aligned with my likes and dislikes as far as content. My wife and I are checking in at the palms 2-16-25 for our first ever trip to Vegas. Perhaps we can do lunch for live Vegas do's and dont's(pick your brain kinda thing).

[@APR702]

As a Las Vegas local I just want to say that seeing the strip casinos losing a lot of money, makes me smile. they have done everything in their power to price out locals from ever going down there. from the $20 parking, the vastly overbuilt casinos, Zero Comps, High priced food and drinks , Along with this really boring modern corporate theme that they keep making

[@JoeFerber]

EGGZACKULLY!!!!!

[@thegreat9481]

You’re happy that job cuts will be coming?

[@MH_6160]

@@thegreat9481 And funding cuts when strip tax revenue starts drying up….. but @apr702 too dumb to realize that those two are correlated.

[@JoeFerber]

@@thegreat9481 For the Strip, YES! The Strip SUCKS!!!!!

[@chuckoneill2023]

Well, there's also the way they keep making the house edge bigger and bigger. 000 roulette is just plain offensive.

[@ThatGuyOnYoutube2]

Strip has gone WAYYY to corporate. The "magic" is all but gone from Vegas. Fremont Street is the last chance to capture some of that OG Vegas feeling.

[@ThrowawayJack1]

GVR and Red rock/ Durango/ellis are still ok but ya

[@ThatGuyOnYoutube2]

@ThrowawayJack1 yes, just all away from the strip. Its a shame tbh

[@tsitracommunications2884]

Not just corporate but also to (meh) mariah an celine😢

[@rogerh2694]

You complain but still go. You complain about Elon but still buy.

[@ThrowawayJack1]

@@rogerh2694 yes lol, I don't buy anything on the strip but my markers are a lot higher there so I go to pick up some cash to gamble with sometimes

[@wraubertoslots]

It looks as if the Strip has finally raised prices a little too much and the revenues are beginning to strain. Thye can't get away with squeezing. tourists forever.

[@walterwhite1]

I’m done forever with Vegas

[@David-cu3ej]

Yep, the strip is too expensive; much better value downtown. The casinos should learn that.

[@carpediem6431]

In the summer I stayed at the Park MGM and stopped at a small side tuck shop for a soda (500 ml bottle) and a bag of Doritos (1 up from vending machine size) they wanted $21. Who pays that sh-t?

[@BodhiSoprano-n5t]

Chinese mafia doesn't know what they're doing and shouldn't have gotten their hands on vegas

[@rouvencocker]

But they'll continue to try!!

[@paulh2282]

When you're paying $19 for a beer on the strip, you tend to make your way to Fremont.

[@RICHM7BV7]

$1.08 for a beer at the stage door behind the Flamingo. (Includes tax).

[@paulh2282]

@@RICHM7BV7 I'm aware. There isn't much going on there though. Carnaval Bar used to be my goto for live music. Now I'd rather hang out at Fremont.

[@joegonzalez1941]

Or liquor Barn, if it's still around

[@Uncutslots]

...or South Point. Get older Vegas with older prices...unlike the strip or many stations hotels-casinos.

[@harlanabraham7772]

Used to like to play at the Pioneer Club on Fremont St. Also used to like to play at The Las Vegas Club, and Binions Horseshoe.

[@n701204x]

The Stip has been pricing out average visitors. Makes total sense that downtown has seen a major increase.

[@rs3018]

The greed is ridiculous

[@Peizxcv]

Let’s see, remove all free shows and parking, turn family fun buffets into $200 elevated fast food experience, remove all themes and uniqueness, replace all independent restaurants with copy & paste generic clones,… Need I go on?

[@thegreat9481]

You can always stay at circus circus 🤡

[@udirt]

That corpo crap style is such a big issue. I know my little spots in it, ice cream here, real coffee there but if I'm not with very shallow people I'll 100 times prefer to sit in the D where people can at least be silly when they feel like it. If I would miss being in a large corporate wasteland I would work at some megacorp. But I don't and I don't feel left behind if I don't get a daily dose of canned pre-processed fun.

[@theejayzeeable]

​@@thegreat9481 Then why are Strip casinos worried that Strip gambling revenue is going down, 🤡?

[@JManalan]

Also make 25 dollars the minimum bet at all tables and put a third house number on roulette

[@thisismytube22]

yes, you need to go on.

[@johnnywang206]

F1 construction , no free parking, the strip just sucks

[@ssrhorn7756]

Suks to get to work to

[@jasonsmith1143]

90s and early 2000 were GREAT !!!!!

[@JacobslifeinVegas]

😎

[@rentslave]

Bill Bradley made that possible by stopping New Jersey from having sports betting at AC.The irony is that had Bradley not done that,Trump would have remained in AC.

[@California_Poker]

Vegas is great now.

[@sherrolmohn8686]

Went to Vegas and reno, Laughlin, etc since the 70s. Stopped I 2000. Have no more interest.

[@HarshTekie]

You already cited why Strip gambling revenue is going down. The stupid fees! How can they blatantly charge a 'resort fee' during the winter when the pool is closed?

[@royquitter]

Resort fees need to be made illegal. They're a way to falsely advertise room rates that are lower than what they actually are. You (usually) can't just opt out of them in exchange for not getting the "amenities" they "provide".

[@busterhikney6936]

because FU is why 😁

[@s99614]

I only go to places with an indoor pool, like Borgata, off season.

[@32266ms]

Short answer is $. Long answer just ask them and listen to the windbag tell you all the reasons why.

[@GreenIslandWoodworks]

It's the American way. Go to other parts of the world and when the menu says "Hamburger $13.99, you pay $13.99....but in the USA when the menu says the burger costs $13.99 but with tips, add-ons and taxes, it ends up costing $18 ~ $25.00. This high cost of living (once everything is factored in) is why you need to earn $120,000 in the US to live the same level as earning $60,000 ~ $90,000 in Europe or $30,000 ~$40,000 in Asia

[@stone5048]

I booked a Vegas trip at this time last year and spent 4 nights at the Palazzo for $799 in a Grand One Bedroom Suite over the Fourth of July this year. I understand that was below normal rates but still let’s compare to this upcoming summer. Those same dates under their current cyber sale (allegedly 55% off) would run me $2,783!!!! The absolutely cheapest 4 nights I can find on their site right now for that room in the summer is $1200. You can only increase prices so much until demand falls more.

[@nmelgar74]

Depends on when you look and whether u have a rewards program. I get free trips all the time. Even weekends are comped along with resort fees so I went for ( days for free. And I stayed at bellagio for 5 days too for 200 bucks. It isn’t a deal when u don’t get comped nights but that’s only if u have a rewards program

[@rs3018]

​​@@nmelgar74 yeah but how much are you gambling to get those comps? I gamble what I consider a lot of money but haven't gotten any good offers so I've made my destination Laughlin Nevada although I'd much rather be hanging out in Vegas

[@pauluss1053]

Who remembers getting $1 bottles 24/7 of Michelob at Casino Royale mid-strip??? - those were the days ! greetings from sunny England

[@terny5928]

And frozen margaritas in the day!!

[@FrancisSiuChock]

The Strip Casinos have now hit the line in the sand. They keep squeezing gamblers by lowering payouts such as 6:5 blackjack instead of 3:2 and raising table minimums. Also, slots are way tighter as noted by a number of Friends and Family who frequent Strip Casinos. A lot have have started gambling downtown much more often.

[@baldeagle4710]

It’s gonna be 10:9 soon

[@thegreat9481]

Squeezing gamblers? You think they’re in business because of winning? 😂😂😂🤣🤣🤣

[@walterwhite1]

Vegas is just awful now. Nothing like the golden era of the 1990s.

[@FrancisSiuChock]

@@walterwhite1 Even a decade ago was so different (pre covid). Offers were better. All the strip casinos are all owned by Holding Companies (Blackstone) and only managed by MGM and Caesars, so the comps are far less lucrative.

[@thegreat9481]

@@walterwhite1 Go back then.

[@lobstah2077]

I am retired, and used to go out to Vegas as much as I could. I absolutely loved Las Vegas and couldn’t get enough of it. Have not been in years simply because the value is gone. I still gamble but keep it local. I know what Las Vegas is capable of giving. They have chosen to go in a different direction and that’s probably why revenue is down. Retirees are not dummies. They have lost a lot of my generation.

[@player6970]

We used to come once every year. After my retirement in 2000 i have been there twice, the last in 2017. Not coming again.

[@R.Hogarth]

"They" say that they can't figure out why revenues on the Strip are declining. It is pretty simple really and speaking for my self, I love Las Vegas but for me, it is a combination of: Rising Hotel Rates Resort Fees Parking (both Valet & Self Park) Higher food costs Higher Table minimums Las Vegas is simply no longer a good value. Las Vegas used to be an amazing destination with cheap airfare & hotel rates but now, the resorts are charging (sometimes quite a significant amount) for services that were free not that long ago. It is reaching the point where Las Vegas is a location that I might travel through but no longer travel to. (It might be a stop on the way to or from my ultimate destination, but may not ever be the destination itself again.) As the saying goes, it is reaching the point where the juice is no longer worth the squeeze.

[@gloriarivera108]

Why would those Las Vegas casino owners and executives make decisions to raise fees and charges while making payouts harder to win, and think they are incentivizing everyday gamblers to visit/gamble WHEN there are so many casino resorts across the country that are operating to provide gambling entertainment to the masses INSTEAD OF just luring the wealthiest for massive profits. GREED is the answer.

[@R.Hogarth]

@@gloriarivera108 I don't even think it is greed (of course I might be wrong). I think that they have lost sight of and no longer know how to "play the long game". The accountants don't care about cultivating a long term relationship with a loyal customer that will be very profitable for many years. They care about the bottom line today, this week, or this month. Even looking at the next quarter is pushing things out farther than they seem to be willing to look.

[@ginnylee9928]

You totally nailed every point! We love Vegas too and used to fly in for a week 3-4 times a year as our only destination. We met up with family or friends from different states to visit and have a great time gambling together. We choose to go elsewhere now due to the jacked-up prices of everything. Haven't been back in almost 10 years.

[@AvoidThem-l1w]

The weekend prices are ridiculous. The same room you get for 57 dollars are 300.

[@tbugher62]

Born here in Vegas 63 years ago,Vegas was excellent when the Mob was in charge up until the late 90s,now Vegas is nothing but a total RIPPOFF,low wages HIGH home prices,tight slot machines,pay too freaken park everywhere on the strip. Go on vacation somewhere else where you are appreciated.

[@jrizzy626]

The minimums are ridiculous, the payouts are trash, and they wonder why gambling revenue is down. Just change the $25 craps table to $10 and it’ll be PACKED.

[@subaruamazon]

havent been since covid. 25 min on roulette? that is just greed. who has that kind of money?

[@gottahaveawawa7494]

@@subaruamazontruth to the matter of that is people chase loses and will literally gamble houses, cars, anything. I’ve seen it first hand myself. It’s very sad.

[@mikealvord55]

Yep, that’s it for me $25 table in craps action is just too much plus the fees I’m not paying to park. Resort fees are ridiculous. Make it up in volume not price

[@mikealvord55]

@@gottahaveawawa7494 yeah but that is an anomaly. People go down there for entertainment. If you have to pay 25 bucks you got a pack approximately five times more money not gonna happen.

[@subaruamazon]

@@mikealvord55 i say 25 is a little stiff. ten is ok. like they dont make enough as it is?

[@CaptainPlanet90]

Less discretionary spending, Triple 000s and 6/5 blackjack would be my guess for declining strip gambling. Ohhh and the extinction of free parking

[@dennythomas8887]

*** extinction of free anything.

[@CaptainPlanet90]

@ and replaced with the freedom to part ways with your money. :)

[@tomvu1470]

Coming soon - *QUADruple* zero roulette.🙃

[@davemcclintock7850]

Was there in October 2024 after being there a dozen times since 2000. Will never go back

[@bigbaddms]

@@tomvu1470 coming soon after that... every slot but 1 is a zero. And that single slot pays 1 to 1

[@miketg0]

I'll no longer go to Las Vegas (I've been 6 times over the years, I'm in the UK 🇬🇧). The prices are far too high now. All good things come to and end

[@ChadCrocker-w2l]

I was out there in April and again last week for F1. The prices of everything jumped up a good bit, especially drinks and Uber/taxi rides. Vegas just isn't as fun as it used to be and the cost keeps increasing. For many years, I've went out there with friends for a long weekend. I highly doubt I'll go back next year.

[@thegreat9481]

You cant afford it so its not fun anymore 🤣🤣 good luck finding another place like it

[@sonronslot335]

Same taxi during f1, up charges $15 crazzzzzyyyyy, luckily, I had my room comped at Palazzo so I just watched it from my room haha.

[@jasonforsythe3738]

So true. Way better gambling options!!!!

[@walterwhite1]

It’s awful now guys

[@ChadCrocker-w2l]

It’s about value for the money you dumb fuck.

[@4PORSH944]

Dsmn!!! Ocean One Closed!! That was a great value. I ate there in August when I visited. Two entrees, one appetizer, one frozen drink and one soda for $26-$30 was very cheap. I plan to stay at South Point hotel the next time that I visit. Bowling alley, food choices, casino and movie theater sounds like a great deal.

[@kimwarner1681]

It smells like cigarette smoke, though..very musty

[@davidofshield4452]

Last time i visited Vegas was 17 years ago when i turned 50....it seemed expensive back then...omg

[@churchofpos2279]

that was about the last time I went. It was expensive and overrated then.

[@bighand1530]

@@davidofshield4452 John 3:16-21.

[@California_Poker]

You guys should visit now, Vegas is amazing.

[@mattkase6644]

The Strip has reached the limit of its greed. From paid parking, to resort fees, to 6:5 blackjack, to $15 Coors Light, folks are done with this nonsense! In the long run, the house always wins at the casino, so stop fleecing us in other in-your-face ways.

[@DanielKuhlman-e8x]

The atm fees are robbery Just plan to lookup where your bank is to avoid casino atm fees. .

[@marc-ow7jx]

And their revenue will continue to decline the Las Vegas Review Journal just wrote an article about if they project more declining revenue!

[@jamesbarrick3403]

Jacob my man. I started watching your content a couple years ago... damn you are crushing it. The best of Vegas news and deals by far. It is so nice to see a man hit his stride... you are killing it. Keep up the great work!!

[@georgeg.7124]

My friend goes to vegas each September and meets with old college friends. They stopped staying on the strip because of cost and instead stay downtown and seem to really enjoy it.

[@simontills7090]

Jacob's reporting is maybe the best thing about Las Vegas. Bravo. Keep it up.

[@raymondrufa971]

I'm sorry to hear about Ocean One closing. I wanted to stay at Planet Hollywood due to the affordable eats there, but it appears the decision to stay at the Downtown Plaza Hotel was the correct one.

[@marcellusxo]

The last ones are Blondes and La Salsa cantina. Highly reccomend blondes

[@QueenOfKings0402]

Highly recommend La Salsa Cantina, great food and drinks for very low price.

[@Tonehawkdawg]

The buffett at the Sahara Hotel in 2003 was $3.99-$4.99. You could get a room at Excalibur 10 years ago for $25. 20 years later, everything is 8x-10x more expensive in Vegas. Are we at 1928 type of economic peak???

[@EvaKislin]

Thanks Jacob love the up dates and newsletters.keep them coming 😊

[@zeeholmes7374]

Super happy to hear that Casino Quest is being mentioned in this!

[@dorasidrian7482]

It's no surprise that strip casinos cater to the top tier customers. I believe the majority of population don't want to pay excessive fees and excessively high prices for a good meal and gambling. The major casinos are rich enough, let the top 1% support them. There are plenty of very good entertainment and food offerings off strip, which I prefer to support!

[@robertmcghee6243]

New boring casinos, rip off drink and food prices, no comps, poor service, over priced rooms and resort fees, tight slots that's a few reasons. The heads of MGM and Ceasars have to wise up. People want value and more themed Casinos.

[@thenomadicchef1844]

Resort fees on the Strip were the beginning of the end for me.

[@VegasJonathanB]

Plus they ban people like me for getting lucky winning. Who would’ve thought they’d wanna go that route when they could potentially win the money back over time… lol

[@swimmer5886]

Hopefully MGM rethinks the price increases after the three months of declining revenue

[@pdiddydiddit]

your comment made me spit my drink out... one would only hope.

[@donwarnick1089]

My room at mgm in August for 5 days was completely free and I’m a low level slot player. People just don’t know how to work the system.

[@yunghart]

@@donwarnick1089yup. The strip is far from dying. This comment section just loves doomerism. Only seeing the bad, none of the good. Plenty of great deals happening all over.

[@CheekyBird790]

Awesome content as usual Jacob! I reckon that Vegas is a victim of its own success! To make money you have to spend money (on perks, free parking, cheap buffets etc) and this is a lesson that most Casinos have forgotten in their pursuit of profit. The other angle here is cost of living crisis a lot of people are facing. It's tough to go on vacation when you are living pay check to pay check.

[@JacobslifeinVegas]

Than kyou!

[@akgobears]

Biggest change in Vegas you cannot ignore is the price ...Vegas was once a very affordable vacation but now it seems you get gouged one way or the other in every direction you look...Especially on the Strip...One thing for sure, we will never ever again do Vegas hotels...They can gouge somebody else willing to be gouged...If and when we go to Vegas now its in the Motorhome...We have 3 different places we stay depending on what we are in Vegas for...We stay at Main St . Station RV park if we are doing Fremont St....Circus Circus RV park if we want to do the strip which is rare for us as its to damn expensive anything there...And SamsTown KOA and we rent a car there if we want to get around Vegas and explore surrounding areas....For us, Vegas has lost its luster because of the price gouging....We much more prefer places like Laughlin and Lake Tahoe (not much of a fan of Reno)...Much less crowded, more laid back, more affordable , and more our gig....And for my taste especially, i love the beauty of the Tahoe area...Its my favorite place on planet earth....

[@walterwhite1]

It’s disgusting now. 90s it was best. Now it’s just a corporate wasteland

[@JacobslifeinVegas]

Will strip casino revenue go down 4 months in a row?

[@JacobslifeinVegas]

@BBBBBBBBBBBX Thank you for your service 👏

[@marc-ow7jx]

It's projected to decline again!

[@PrinterStand]

The $25 minimum on the strip for Tables games, triple 0 roulette and other things Jacob has mentioned in other videos….. Casinos now: “OH NO, ITS THE CONSEQUENCES OF MY OWN ACTIONS, WHO COULD OF SEEN THIS COMING” 🙄🙄🙄

[@kittiew260]

You answered your own question. Years of increase without improving customer experience. That's why revenues on strip declining. Downtown continues to look and create new events and options for the non high roller customer. Corporate greed finest. As far as there is no tax on tips, I get great for those in tipping positions but will stink for the rest of us as our tax will increase, and your tips will decrease. Always a trade-off

[@marc-ow7jx]

@@kittiew260 🎯

[@hiroehayes593]

Go to downtown Freemont Street for old school type Vega$, the best type. It's also a fun carnival down there every day, especially at night 🎉🎉🎉

[@franklam1]

So cool you covered Casino Quest's thing with the mall and new location 🤖

[@jp6603]

After a few trips east coast to LV during F1 setup/teardown and stupid rates last year, I avoided plans for this year around the strip.

[@rhymetimeuk]

thank you, Jacob, always appreciate these informative updates! I think the strip casino's are squeezing people's wallets way too much, it's really ridiculous now.

[@JacobslifeinVegas]

Yo'ure welcome!

[@jeffvansloten1897]

If the strip casinos lowered those table minimums might get more customers

[@harlanabraham7772]

Casino management doesn't think that way.

[@drlnow]

The change to 6:5 blackjack moved me downtown. That seemingly small change has a pretty significant impact.

[@claudehopper6192]

The pit boss would rather have the dealers stand around and collect dust with a $100 craps minimum on weekends, instead of lowering it to $10 so normal people can play

[@harlanabraham7772]

@@claudehopper6192 Go play at the $100 table and play the Don't.

[@michaelcap9550]

@@claudehopper6192 I go to the $5.00 per hand Downtown.

[@dluckyexperience]

Great video Jacob! Just Like That! 👍🏻

[@fato29]

Well gambling is down because is impossible to win a buck on slots machines and casinos are taking away freebies and comps so people get tired of throwing away money to these greedy corporations.

[@jamiesuejeffery]

I live in Reno. If you want the original Nevada experience, come to Reno. We have four large casinos, and eighty small ones (not including the 7-11, gas station or grocery stores). More bang for your buck.

[@derek17005]

Back in 97, wife and I honeymooned in Lake Tahoe and Reno. Beautiful scenery and so much more pleasant than what Vegas has become.

[@Jambr380]

I always used to stay two nights on the Strip on each of my 3-4 trips per year. A couple of years ago, I started doing 1 downtown, 1 Strip. Not only is it more fun, but it is better on my wallet. Also, RIP Ocean One. I ate countless mahi sandwiches from there.

[@alanbiancardi2531]

No loss. We stopped staying in Vegas years ago. Now we just drive through it going somewhere else

[@robinbrook5624]

The strip just isn't fun anymore! It doesn't even resemble what made Vegas such a great place to visit. Fremont is all that's left and I'm afraid it won't be long before it's destroyed.,

[@rayxtwo]

Merry Christmas from MGM..... NOW, GIVE US MORE MONEY💰💰💰💰💰

[@walterwhite1]

They will never get a penny from me

[@bigkeoni100]

If MGM does this, they just may regret it. Remember, "don't bite the hand that feeds you."

[@gruntyboy]

Thank you for doing what you do sir! Appreciate the information and candor! 👍

[@fixedit8689]

I go once a year for about ten days. I haven’t been to the Strip in ages. I visit family and friends

[@jackhillman1955]

MGM took away my free gaming credit, free rooms and free beverage and food two years ago! I live in U.K needless to say i'll never visit again! ruined it for me. And yes i gamble enough to get all this sh1t free! what a joke. Plus they robbed my dad of $1k in slot winnings for TAX! We don't pay your fecking tax. ALL RUINED

[@JoeFerber]

Go to Downtown Vegas and stay at the Fremont St. hotels!!!

[@walterwhite1]

Yeah, it was so much better in the 90s never go back to Vegas buddy

[@JoeFerber]

@@walterwhite1 You can go back just DON'T go to the Strip! Go to Downtown Fremont Street and stay at one of THEIR hotels and most have 3 to 2 payouts for blackjack!

[@ScottShireman]

The cost of rooms Strip Vs. Downtown is the answer as to why revenue is down on strip.

[@vincentclausen2250]

Could the decrease on the strip have anything to do with the F1?

[@ImA1032]

My paycheck identifies as tips!

[@jackthomas3483]

The “no taxes on tips” will never pass regardless. Anyone who’s been paying attention for the past 30-40 years, were only ever “fiscally responsible” when it comes to poor people. Corporate tax cuts will pass within the first 3 months however.

[@craigt2003]

I bet it's not just Fremont st. that's benefiting from surplus revenue...i bet the local off strip casinos are doing well also, such as Red Rock (i know because i live in Vegas and I try to avoid the strip as much as possible and instead go to the off strip ones as much as possible, and i doubt by the strip revenue numbers, that i'm the only one doing this)

[@BrokeDegenNWO]

that's insane and that's one main five RESORTS there you got Caesars row with SILVER LEGACY El Dorado and Circus Circus, got the beautiful PEPPERMILL and ATLANTIS, got the nugget is still legit big place. you got the GRAND SIERRA which is awesome every place has a great sports book and and POKER. Except nugget has no poker.

[@darkknightXII]

1:54 since CEG BECAME POPULAR, the mall EXECS increased the rent. CEG left and has opened their own building

[@s111stock]

I used to go to Vegas for the weekend all the time from California when they had lot of good room and food deals as well as FREE PARKING at all hotels on the strip. Taking away free parking was a huge mistake.

[@comicus6769]

Reminds me of my last trip thru Vegas a couple of years ago, I was passing thru and stopped at Caesars for dinner and entered the parking garage and saw the sign for $8 an hour to park. I turned around and left and will never return to Vegas.

[@alabamaal225]

Just got back from Las Vegas (Dec. 19); stayed at Mandalay Bay for three nights. Approx. $200/night room (got on an air package) $50/night Resort Fee (was $45 when I made the reservation) $11/ 12 oz. bottle beers $10/ 16 oz. draft $14 bowl of oatmeal for breakfast $21 Denver omelet $13 for a bag of Cheetos $7 for a 28oz Gatorade $15 minimum craps - on Tuesday $20/night parking (n/a, since I didn't have a car) $150+ (base fee + taxes + venue fee + service fee)/seat for Michael Jackson ONE (impressive spectacle and effects, but basically a live action music video.) Resort is designed to make it difficult for people to leave the property. Expect to do a LOT of walking to go anywhere else. And so on, and so on, ... This trip is very possibly my last to Las Vegas. The value just isn't there anymore.

[@markeidt6404]

Now that MGM Grand has increased the resort fees I wonder how quickly all the other casinos follow in lockstep. They can always double or triple the resort fees to make up for lost gambling revenue. That is why I give all my business to the three casinos close to where I live. I refuse to go to Vegas and be ripped off by the greedy casinos.

[@jeffd8236]

My wife and I go to Vegas every year for our anniversary. The table minimums have gotten way out of hand. We only gamble on Fremont St. It doesn't make sense to gamble on the strip anymore. We still love the strip for what it is. Still has some great food options, but we end up spending a lot of our money on Fremont.

[@ogadlogadl490]

The strip isn’t as fun as it used to be. We use to go 2-4 times a year. Only once in 24, ever since Covid the machines have tightened up and prices through the roof. It’s not the shiny experience it once was back in the heyday.

[@stevebarnes5243]

Vegas thanks you for your service. Any type of publicity you offer is good publicity for Vegas. Be grateful Vegas gives you fresh content everyday for your clicks, likes and subscribes.

[@paulhaxter9617]

Sorry for Ocean One. A great place.

[@JacobslifeinVegas]

It was! At that price point, the food was pretty good

[@R.Hogarth]

and if you were staying at the Elara, it was a great place to grab breakfast.

[@HeyItzdill]

How many more months of gambling revenue decline for the strip casinos and an increase in gambling revenue for downtown before the strip realizes that they need to lower table minimums because they are losing those customers to downtown properties?

[@Erich-z6k]

I love Jacobs channel, but I only use Vegas for the airport and shuttle to Laughlin from there. Not only a cheaper vacation, but a beautiful location and much more relaxing. Vegas is just a big city, big city issues with hotel/casinos. Done with Vegas until they bring it back to a much more affordable destination.

[@mhegland3271]

We waited 3 1/2 hours in line at Flamingo’s F1 stands. If you aren’t in the stands you can’t see the cars go by since the street is down below grade. Gates open at 4:30 pm and race starts at 10:00 pm. First come first served seating. We were able to get in stands at 10th lap. The workers said they knew that there were 1000 more people than expected. The cars go by at 200+ MPH so there isn’t much to see from that location. Wouldn’t do that spot again. We had a great time at the NY NY. Taxis and Ubers can’t really get around race night. The rail system was very crowded but best plan.

[@mikemckeon8976]

Yea, can see gaming revenue on the strip dropping 4 months or more. The strip is just getting too expensive to visit for the lower budget gamblers. Strip is charging more for everything , parking, food, rooms. The old days, both mob and non mob ran casinos knew you'd make money by making the visit affordable, gaming is the main source of income, but now they want to make money for everything possible. Food comps down or gone, drink service reduced , room discounts don't matter because they make up the difference in resort fees, that don't even include parking at most strip locations. The budget gamblers will go where they are not racked across the coals for every penny possible.

[@rxb364]

Very informative and interesting. I might never go there but it's a fun KZbin channel !

[@nickstewart1856]

Maybe The Strip should raise their table game minimums even more, I am sure that will fix it

[@R.Hogarth]

Admittedly, I am OLD, but I remember $2 Blackjack tables.

[@rogerpenske2411]

The street from Virgin Hotel. Literally a block away from where the F1 track crosses Harmon. Serene Las Vegas. It was kind of like an older motel six as far as the room in the hotel were concerned. I paid $115 resort fee and there were zero “resort amenities“. The pool was closed, there was no hot tub. It was boarded over. How do we get around paying “resort fees “when they are such a huge rip off. They should not be allowed to advertise room prices exclusive of the resort fee if it is going to be mandatory charge! Next time, I’ll just stay in one of the Segal suites

[@Robert-Gulfstream]

The correct answer is yes‼️ 4th down month on the strip coming‼️

[@JacobslifeinVegas]

Time will tell!

[@marc-ow7jx]

🎯

[@LeL-q9e]

You and others have talked about CircusCircus, the Strat and others as being sub par. Or words to that effect. Yet on another website comments over all stated they found the rooms clean and they liked the prices compared to the high end strip resorts. It's a no brainer, as prices increase on the strip fewer of the regular folk go there! I found all your info really informative. See you're more than just a pretty face. Brawn and brains. LOL!

[@nervyodds3937]

They were so lenient during the COVID times, with super cheap rooms and free parking. I gambled a lot more during that time and visited often. Now I just avoid the strip altogether. It’s way too expensive. I’m surprised they still make money.

[@andreavaughn854]

Aren't MGM's resort fees already insane? I keep saying I'm done with Vegas, but I'll be back in a week. I stay on Fremont, though. It's a little less spendy.

[@TheVictorCruz]

Jacob... Off topic but I just wanted to congratulate you on being named one of the LVJR's top 5 influencers. Read the article earlier. Mazel Tav

[@amandamiller1302]

Funny add for the no taxes on tips. So that is how much my rights are worth? Good to know!

[@markcoleman8568]

F1 is killing the strip!

[@yunghart]

Troll ^^

[@rickybarnard4904]

Does the three month loss in strip revenue coincide with the closing of the Mirage?

[@charlenegehrig8284]

Moved to LV, spend 40 years there and moved out!! Thanks, Jacob 4 the news and updates!! Is Lake Mead still drying up??

[@walterwhite1]

Vegas is trash dude

[@EricPetersen2922]

Vegas sucks now, lived there 30 years , was great in the 80’s 90’s

[@Brian_R82]

I used to go to Vegas multiple times a year. Resort fees and insane food prices are the reason I no longer go

[@dougmcfayden3975]

Another great report in the books. Looking forward to our Christmas visit, not so much increased resort fees.

[@Redws643]

Now we all just sit at home and watch people gamble and not have to go lose our money.

[@bighand1530]

Gambling addictions are real.

[@wraubertoslots]

That's the service we provide.

[@cliffsteele7696]

Try Biloxi no extra fees

[@davidkolb4721]

The strip needs to start thinking of the people not themselves

[@doncorleone6083]

Going for new years any recommendations? Cheap is nice, relatively. Never been to Fremont

[@marcfisher8165]

The strip pricing has gone to the moon. I no longer go there.

[@pistolfanboy]

@jacobslifeinvegas When you give the average room prices, do those averages include resort fees?

[@The1andOnlyShrek...]

3:27 this is fantastic..... The magic has been gone for a while now..... New casinos look like convention centers

[@Bobby381666]

Is there a month Vegas slots seam to pay out better then others? I know it is a random number generator but it always seams at are local casino there are times of day and days that seam to pay better.

[@EarthenDam]

The short answer is no, watch Cowboy Slots, who is a slot technician. He answers many questions like yours.

[@lmm.5619]

Upper middle class couple from Phoenix. Used to visit Vegas 3 times a year and stay at the Wynn. Now, between the crackheads lining the strip, the overpriced hotels and food, lack of general cleanliness, etc. we are taking our money elsewhere.

[@finn4065]

Does the revenue decrease take into count the closure of Mirage and Tropicana?

[@winstonw2020]

Thanks for the update Jacob.

[@JacobslifeinVegas]

You're welcome Winston!

[@OMCPoker]

You did not mention it, but I will. The strip is too expensive to go to. Everyone is goind downtown or to "local casinos" to have fun!

[@CrownPointeChroma]

My birthday is almost here!

[@JacobslifeinVegas]

[@Jay-vo4ec]

Hmmm. Outrageous "resort fees", stupid room rates, paying to park, squeezing the odds on the tables in favor of the house. I can't understand why Strip gambling revenue is down...

[@RFToob]

Nice work Jacob. Thx. ‘No tax on tips’ might be a catchy phrase on the campaign trail…But it could create plenty of headaches, from figuring out tips on previously untipped services, to a loss of revenue that supports important things. There are better ways to help low income hard working people [if that is in fact the goal]: one is to simply raise the standard deduction for lower income folks. This way everyone benefits. Another side effect may be that tipping will be expected more so than ever. I believe that most are tired of being expected to tip,]. Anyway, it will be interesting to see how this goes. Cheers.

[@DevylsAdvocut]

Dude, you’ve come a long way… congrats

[@EarthenDam]

After no tax on tips can we get no tax on chips?