Las Vegas Shifts to Luxury: What Happened to Tropicana?

Las Vegas, USAThu Oct 10 2024
Advertisement
The Tropicana casino, a legendary spot on the Strip, has been demolished. This isn't just about removing an old building, but a sign of Las Vegas's shift towards high-end experiences. Once a favorite among middle-class visitors, its ties to organized crime and a changing market led to its eventual closure. Now, Las Vegas is competing with cities like San Francisco and New York, not just other gambling hubs. "We're now a value compared to those destinations," says a local expert. The days of $20 hotel nights and no resort fees might be over, as Nicholas Irwin from UNLV points out.
Las Vegas is booming, with its population expected to grow by 1. 6% this year. Many new residents, like Alicia Muscs, are Californians seeking lower living costs. These newcomers are wealthier than their Nevada neighbors, driving up demand and prices. This growth could have political implications in Nevada, a swing state where economic issues are hot topics.
https://localnews.ai/article/las-vegas-shifts-to-luxury-what-happened-to-tropicana-5e90752

actions