Las Vegas Strip feels economy pinch

Reuters by Paritosh Bansal | Jul. 12, 2006 (News Report)

NEW YORK - Casinos on the Las Vegas Strip, the heart of the U.S. gambling industry, are starting to feel the pinch from a slower economy and high fuel prices after a two-year run with Lady Luck.

While the richest Las Vegas residents and visitors still splurge at blackjack tables or on high-end suites, marginal visitors are cutting back as prices at the pump curb their enthusiasm, analysts said. Full Story »

Posted by Rod Amis

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by Ezra Fox - Oct. 1, 2008

Interesting piece on the gambling sector examining a possible explanations for the slowdown, linking back to oil prices. Doesn't seem to be disaterous for the economy, but it is helpful in understanding how all parts of the economy are related.