If you weren’t aware, Las Vegas is always evolving. In the 1990s, gambling was 58 percent of Las Vegas’ revenue. Last year it was only 37 percent.
CBS News did a fantastic piece on how the Vegas is changing. From new arenas, to outdoor shopping, dining, and entertainment districts, no longer is the focus to suck you in to the casino. The focus now is for guests to enjoy all that Las Vegas has to offer, inside and outside.
Check out the CBS News video and particle article below.
From CBS News
“In 1995 when the movie “Casino” hit theaters, keeping gamblers playing was the cardinal rule in Las Vegas, but that’s no longer the case.
Gambling revenue on the Strip was down 12 percent in September — the second straight monthly drop. Now, Las Vegas is once again reinventing itself with a new generation in mind, and for them, gambling is not the primary draw to Sin City, reports CBS News correspondent Ben Tracy.
One sprawling construction site on the Las Vegas strip isn’t for a casino at all; it’s for a new 20,000-seat concert arena and a multimillion park — a place to take a stroll when you’re no longer on a roll.
“These indoor-outdoor spaces are really the future of Las Vegas, so that’s what we’re accomplishing here,” MGM Resorts CEO Jim Murren said.” – Read more at CBS News.
Las Vegas, officially the City of Las Vegas and often known as simply Vegas, is a city in the United States and is the most populous city in the state of Nevada, the county seat of Clark County, and the city proper of the Las Vegas Valley. The city is an internationally renowned major resort city known primarily for gambling, shopping, fine dining and nightlife and is the leading financial and cultural center for Southern Nevada. The city bills itself as The Entertainment Capital of the World, and is famous for its mega casino–hotels and associated entertainment.
A growing retirement and family city, it’s the 31st-most populous city in the United States, with a population at the 2010 census of 583,736. The 2010 population of the metropolitan area was 1,951,269. The city is one of the top three leading destinations in the United States for conventions, business and meetings. Today, Vegas is one of the top tourist destinations in the world.