[Thisissam]

Vegas is just not what it use to be. So many half built high rises and buildings like City Center just sitting there weathering away with no construction on, yes, weekdays. I remeber having to wait an hour at the check in line at the hotel before and now hardly 15 minutes if even that.

The crowd in the hotels and restaurants are thin. The gentlemens clubs are bout 2/3 empty by midnight and its just depressing. I remember waiting 90 minutes at 2am to eat dinner at a restaurant. Now I walk in and maybe 8-9 people there at 12ish and half the resraurants lights off.

So depressing to go to Vegas and the energy and excitement that was alwys there is now gone.

And honestly, who knows whether it will ever come back seems like its hayday is dying if not already dead. *sigh*

[lvkewlkid]

Originally Posted by Thisissam

Vegas is just not what it use to be. So many half built high rises and buildings like City Center just sitting there weathering away with no construction on, yes, weekdays. I remeber having to wait an hour at the check in line at the hotel before and now hardly 15 minutes if even that.

The crowd in the hotels and restaurants are thin. The gentlemens clubs are bout 2/3 empty by midnight and its just depressing. I remember waiting 90 minutes at 2am to eat dinner at a restaurant. Now I walk in and maybe 8-9 people there at 12ish and half the resraurants lights off.

So depressing to go to Vegas and the energy and excitement that was alwys there is now gone.

And honestly, who knows whether it will ever come back seems like its hayday is dying if not already dead. *sigh*

finally, someone speaking the truth...

I agree!

[Thisissam]

Every aspect has been hit. Theres a significant increase of women dancing in the gentlemens clubs hustlin very hard. Even my friends son whos at UNLV says the campus is getting emptier and emptier bc enrollment has decreased and drop outs have increased.

[lvkewlkid]

Originally Posted by Thisissam

Even my friends son whos at UNLV says the campus is getting emptier and emptier bc enrollment has decreased and drop outs have increased.

very true and they are getting rid of professors and cutting class sections, so its getting harder to even graduate on-time...

[Thisissam]

Originally Posted by lvkewlkid

very true and they are getting rid of professors and cutting class sections, so its getting harder to even graduate on-time...

Long, sad *sigh*

This whole thing is depressing. The truth is that the chances of a comeback are slim with MGM trying to sell its property as of 11 hours ago and course all the other financial problems in Vegas.

I couldnt believe my eyes. Seeing city center and the empty dark half built high rises was really it for me.

[swagger]

It'll come back, and those half-finished projects will be finished.

Recreation gets hit hard when the economy goes in the dumper. Wait 'till it turns around, and you'll smack your forehead over comments such as "...who knows whether it will ever come back seems like its hayday is dying if not already dead."

[Buzz123]

Let's don't schedule the funeral until the patient stops breathing. Yes it's been slow. But yes it's the same everywhere, except for, believe it or not, West Virginia, where the economy has been bad since Jack Kennedy convinced us we were depressed and had been relocated to a mythical place he made up called Apple-at-cha or something. But we ain't dead yet, and West Virginia has one of the best economies in the country. Probably due to Robert Byrd finally getting them the things many of them died for in several wars. But I digress... And, since I've been in Vegas way longer than almost everyone on this forum I have to keep reminding people that it was just as bad, if not worse, in the early 80's and we weathered that just fine even though it hurt...a lot. So if the country is able to weather this crisis, then Las Vegas, being a microcosm of the country, will also weather this one. But if the country fails, then we probably will too...but I wouldn't bet on it.

Does this look like the country is failing or just getting mugged by New York crooks? New York official seeks to recover AIG bonuses - International Herald Tribune

[Buzz123]

By the way, last time I heard City Center was coming along nicely and still plans to open some of it this year. It does take time to build something that big you know, and I don't believe construction has stopped. They have had to re-engineer one building so it won't be as tall as they wanted. And somebody didn't like the way the interior of one building looked so they are redoing it inside. At least that's what's in the news here everyday. Maybe you were here on an off day. I saw a lot of people out shopping today. Not everyone is laid off. 90% are still working although the negative naysayers have them convinced we're all gonna die so they'd better hold onto their money...for the funeral I guess. I don't think you're depressed. I think you get off on depressing others.

[Thisissam]

well, all i can say is that if everything i said about the short lines, the lack of students in school, the half built buildings, mgm trying to sell its properties, etc etc is true then we can all agree that it's not the same as it was before.

now that we can agree that it is not same as it was before and accept that as truth all we can do is predict what will happen in the future.

of course some will say everything will go back to the way it was and of course some will say that it won't.

we'll just have to see, but with the things already down than before (which we agreed)...things are working against the people who think it will comeback b/c it's a much longer ways back up than it is down at this point (i.e. mgm stock falling 97% which is a reflection of everything else and how far it has to climb back up and how little it has to go down)

[spike42]

Originally Posted by Thisissam

The truth is that the chances of a comeback are slim with MGM trying to sell its property as of 11 hours ago and course all the other financial problems in Vegas.

"The business cycle has not been repealed." - Alan Greenspan

No recession has ever been permanent, we will rebound. I think the current problems at MGM and Harrah's are good for Las Vegas in the long run. Those two companies own most of the Strip hotels and they do a mediocre job. The Rio hasn't been the same since Harrah's took over, and the Bellagio, while still pretty nice, has lost a step with MGM at the helm. It looks a bit faded. New ownership could be a good thing.