Even as private jets pack the airport and VIPs crowd the high-stakes tables, a steady decline in overall visitors is sending ripples of worry
LAS VEGAS -- These days, the high rollers are still rolling into Las Vegas, but those on a budget no longer feel like winners. Even as private jets pack the airport and VIPs crowd the high-stakes tables, a steady decline in overall visitors is sending ripples of worry through this city and beyond.
"Some say when the country gets a cold, we get the flu," said Aaron Ford, Nevada's attorney general."I say we get pneumonia." Sin City's financial well-being has long relied on millions of tourists spending their discretionary income indiscreetly. But in an economy where the affluent thrive while the rest struggle, that formula is in trouble. Would-be visitors appear to be fed up with the way that the increasingly consolidated casino industry has relentlessly raised rates. Many who do come to Las Vegas go home complaining about pricey parking and drinks. Locals, too, say it is harder to make ends meet. All of this is coinciding with a campaign for governor pitting Republican incumbent Joe Lombardo against Democratic challengers, like Ford, who have made pocketbook issues central to their campaigns. Ex // Top Stories Where every culture is beautiful: Carnaval season commences Thirteen competitors will perform for a chance to headline the Mission parade and festival SF Symphony season to center Bay Area stars SF Symphony will once again feature a suite of guest conductors as it searches for a music director Ballot fight over hiking overpaid executive tax is getting costly, divisive Labor advocates says big companies need to pay ‘fair share,’ while others say higher business taxes will hurt The City's economy Ford, looking to capitalize on voters' economic anxiety, has emphasized cost-of-living concerns and criticized Lombardo for presiding over one of the nation's highest unemployment rates. Ford has sought to link Lombardo to the president's unpopular policies, arguing the governor should have done more to insulate Las Vegas and the rest of the state from the effects of tariffs and rising gas prices.Four years ago, Lombardo benefited from voter frustration, defeating a Democratic incumbent after anger over pandemic lockdowns. This year, Democrats hope Ford can do the same, in a high-profile test of the party's affordability messaging. Lombardo has defended his handling of the economy, saying he has slashed regulations and business taxes while supporting new housing development for the state's middle class.
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