Las Vegas continues to get more expensive as Resorts World raises its resort fees to $55 per night, making it the highest on the Strip. MGM is also taking 800 rooms out of service for renovations, impacting revenue. Meanwhile, another Strip buffet is shutting down for good, with Luxor’s closure reducing the number of buffets to just eight.
F1’s 2024 Las Vegas Grand Prix generated a massive $934 million in economic impact, making it one of the biggest events in the city’s history. Other major developments include a push for red-light cameras, a potential air taxi service to Allegiant Stadium, and Caesars Entertainment investing nearly $1 billion into property upgrades, including new dining and hotel renovations.
Las Vegas locals and tourists continue to react to rising prices across the city, from increased resort fees to higher ATM costs. Despite these hikes, investment in the city remains strong, with new entertainment ventures, sports expansions, and digital gaming innovations shaping the future of the Strip. Stay tuned as JacobslifeinVegas breaks down the latest news and rumors!
Image Credits
Photo by Collabstr on Unsplash (Smartphone with Youtube App)