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Old 05-14-2009, 05:23 PM
 
Location: Bellevue WA
27 posts, read 79,989 times
Reputation: 13

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I keep reading its all gloom and doom in Vegas. When I was down there 3 weeks ago,it seemed as lively as usual. There was a lot of people on the strip and the buffet lines were long.

So is it as bad as they make it out ot be??
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Old 05-14-2009, 05:50 PM
 
Location: Here and there, you decide.
12,908 posts, read 27,898,625 times
Reputation: 5050
i was there last wkend, aliante was packed.. strip was crowded but not packed... bellagio was light.
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Old 05-14-2009, 06:23 PM
 
2,502 posts, read 8,896,208 times
Reputation: 905
Our economy is definitely in bad shape.

Sometimes the strip will have good, crowded weekends. But don't let that fool you. The valley is definitely struggling. Many of the gaming companies are selling off properties left and right just to stay afloat.
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Old 05-14-2009, 06:47 PM
 
Location: Here and there, you decide.
12,908 posts, read 27,898,625 times
Reputation: 5050
who is selling left and right? only thing that has sold was treasure island
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Old 05-14-2009, 06:50 PM
 
Location: Here and there, you decide.
12,908 posts, read 27,898,625 times
Reputation: 5050
cosmopolitan, citycenter, fountainblu are on schedule... m just opened.. so am i saying its awesome, of course not.. but its not a ghost town
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Old 05-14-2009, 07:06 PM
 
Location: South Strip, NV --> Philly (Fall 2009)
2,404 posts, read 10,657,995 times
Reputation: 637
Quote:
Originally Posted by airics View Post
cosmopolitan, citycenter, fountainblu are on schedule... m just opened.. so am i saying its awesome, of course not.. but its not a ghost town
The issue is that the casinos are selling rooms and food cheaper because of this they may lure in more tourists but they have to get rid of employees in order to take care of that cost...The employees get laid off or less hours who in turn have no money for groceries, housing, etc, so many grocery stores and other things are closing...This is why the economy in Las Vegas is doing so badly...
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Old 05-14-2009, 07:24 PM
 
1,966 posts, read 4,330,865 times
Reputation: 1090
Unfortunately what the kid says is true especially with the news today of the the Chrysler dealerships slated to close which include 4 here in Vegas. Then according to the report GM is scheduled to release their report tomorrow so it will not be a good weekend for the valley.
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Old 05-14-2009, 07:40 PM
 
385 posts, read 1,256,291 times
Reputation: 86
They will call a call center job a "tech job." Even the crappy jobs are disappearing. I've been trading oil, gas, and currencies but would like to find a decent job. It's just about perfect to trade from 06:30 to 13:00.

I wanted to give Chanel 8 News credit for giving some facts about the recent job fairs at Texas Station. Approx 11 people hired out of 720 applicants for entry level Social Security Jobs. At a certain point, whatever it may be; it is not even worth it to apply.
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Old 05-14-2009, 07:56 PM
 
Location: Las Vegas, Nevada
12,686 posts, read 36,255,806 times
Reputation: 5516
Quote:
Originally Posted by horseplayer View Post
They will call a call center job a "tech job." Even the crappy jobs are disappearing. I've been trading oil, gas, and currencies but would like to find a decent job. It's just about perfect to trade from 06:30 to 13:00.

I wanted to give Chanel 8 News credit for giving some facts about the recent job fairs at Texas Station. Approx 11 people hired out of 720 applicants for entry level Social Security Jobs. At a certain point, whatever it may be; it is not even worth it to apply.
That's not unusual even in good times. But you never know how many are hired later, or the new hires may lead to more jobs later when those people start spending paychecks. Baby steps I guess.

Some call center jobs are tech jobs. I know most of the employees are either outbound or inbound sales, or providing warranty service, etc., but its all about computers, not telephones. Some call centers actually pay pretty well, but not all. A job is a job though.
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Old 05-14-2009, 07:58 PM
 
Location: Beautiful Upstate NY!
13,814 posts, read 28,419,284 times
Reputation: 7615
When asking about the economy in Las Vegas, one should really separate Tourist Vegas from Resident Vegas. Even if The Strip is packed on the weekend...I would think little of it is trickling into the surrounding residential neighborhoods. Besides, just because The Strip is crowded, doesn't mean the casinos are raking in more profit...it might simply mean people are getting fantastic vacation bargains.
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