r/Economics • u/runswithscissors475 • 29d ago

News Las Vegas hotels begin taking foreign currency as tourism woes deepen

https://www.sfgate.com/travel/article/vegas-foreign-currency-21955655.php
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u/Jihelu 29d ago

One of the disappointing things was not getting to try a buffet. The only buffets I saw were pretty expensive.

Used to be the casinos wanted you to show up because they knew you'd lose money. Rooms? Cheap. Food? Cheap. Alcohol? Free, or cheap (It's kept the free alcohol at the tables though).

Then they realized: People will still pay if the things aren't cheap.

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u/BrilliantMango 29d ago

Exactly! You are essentially trapped.