Leopards Ate My Face

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Las Vegas mayor says the city is suffering from a serious drop in Canadian tourists: 'We need you, and we miss you' | Fortune (archive.is)

submitted 2 days ago by hanrahan@slrpnk.net to c/leopardsatemyface@lemmy.world

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Las Vegas Mayor Shelley Berkley issued a heartfelt plea to Canadian visitors this week, acknowledging the city’s tourism-dependent economy is suffering from a dramatic decline in international visitors, particularly from Canada, which represents the city’s largest international market.

“As the mayor of Las Vegas, I’m telling everybody in Canada, please come. We love you, we need you, and we miss you,” Berkley said during a press conference this week, where she addressed the multiple challenges facing the entertainment capital’s tourism industry.

The mayor’s latest comments echo concerns she first raised in an August press conference, where she painted a stark picture of the tourism decline.

“International travel is way down. People are not coming to the United States,” Berkley said last month. “’

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[–] givesomefucks@lemmy.world 5 points 1 day ago (1 children)

The Mafia didn't make their money on hotels...

They didn't even really make it on gambling.

They made their money loaning money to gambling addicts and charging interest. Besides laundrying money that's why they got into casinos, a steady stream of desperate idiots who would take out loans.

The cheapness of Vegas was the same as a crack dealer giving out the first hit for free, just to try it.

A certain percentage get hooked immediately

[–] Foni@lemmy.zip 1 points 1 day ago

Of course, because no current multinational is dedicated to lending money to people with dubious financial knowledge and/or serious economic problems, and then turning out to be "aggressive" by claiming interest. Surely the casino owners have interests in those same corporations and you know it

The difference is how much each person wants to squeeze the lemon, and long-term thinking. The mafia also works better at that than large corporations.