Las Vegas resort bosses dodge presidential politics during discussion on falling visitor numbers

Sincity Press Staff 2 hours ago 3 min read 2
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The CEOs of Caesars Entertainment, MGM Resorts International and Wynn Resorts did not mention President Donald Trump or his tariffs Tuesday at the Global Gaming Expo at the Venetian Expo as they discussed the causes of declining visitation to...

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Northbound postulation is shown connected the Las Vegas Strip adjacent Flamingo Road Oct. 24, 2020. Photo by: Steve Marcus

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The CEOs of Caesars Entertainment, MGM Resorts International and Wynn Resorts did not notation President Donald Trump oregon his tariffs Tuesday arsenic they discussed the causes of declining visitation to Las Vegas.

Tom Reeg of Caesars, Bill Hornbuckle of MGM and Craig Billings of Wynn took the main signifier Tuesday astatine the Global Gaming Expo astatine the Venetian Expo for a speech moderated by CNBC analogous Contessa Brewer. When Brewer asked astir the driblet successful Las Vegas visitation, Reeg cited the COVID-19 pandemic, Hornbuckle cited airfare costs and Billings a “complicated world.”

The executives ne'er named the president, adjacent though Trump’s commercialized warfare with Canada and his remarks astir making Canada the 51st authorities coincided with a 17.4% diminution successful Canadian visitation to Las Vegas successful 2025.

Overall visitation to Las Vegas fell 7.5% to astir 38.5 cardinal successful 2025, according to the Las Vegas Convention and Visitors Authority, amid declines successful leisure and planetary travel. The 4.8% driblet successful planetary visitation was astir wholly owed to the nonaccomplishment of astir 250,000 Canadian visitors, LVCVA information show.

“It’s a analyzable world, I don’t cognize what other to say,” Billings said. “The authorities of geopolitics and the authorities of planetary relations is much analyzable than it utilized to be.”

Democratic lawmakers and labour leaders successful Nevada spot it differently.

They person labeled the downturn the “Trump Slump” and person besides criticized Republican Gov. Joe Lombardo for not doing capable to propulsion backmost against the policies of his chap Republican successful the White House.

“We each cognize that Donald Trump’s policies person impacted Las Vegas’ section economy, and workers are feeling it,” Diana Valles, president of Culinary Workers Union Local 226, said up of Trump’s April sojourn to Southern Nevada. “Las Vegas is an autarkic economy, and we request policies that invited visitors. We request a argumentation that strengthens our state, but we’re successful a situation close now. We’re successful a situation close present due to the fact that our members successful our assemblage they’re experiencing big, large fiscal problems.”

Reeg said Caesars’ Las Vegas properties are feeling the effects of a diminution successful leisure travel, noting that “the leisure lawsuit is not arsenic beardown arsenic it has been.”

Reeg attributed this to the pandemic. Las Vegas welcomed 42.5 cardinal visitors successful 2019, according to the LVCVA, earlier casino closures successful March 2020 sharply reduced visitation.

“We had summers here, a mates that were exceedingly strong, and we’ve benignant of gone backmost to the mean seasonality successful Las Vegas,” Reeg said.