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Venetian Resorts CEO on Reversing the Sin City Slowdown

Bloomberg•Friday, September 19, 2025 at 6:07:46 PM
NegativeFinancial Markets
Venetian Resorts CEO on Reversing the Sin City Slowdown
Las Vegas is experiencing a downturn in tourism, with visitor numbers declining each month since December. This trend raises concerns about a prolonged slump as American consumers become more cautious with their spending. Patrick Nichols, the CEO of The Venetian Resort, discusses the implications for the Strip and shares his strategies to counteract this slowdown. Understanding these dynamics is crucial for the hospitality industry and local economy, as they reflect broader consumer behavior trends.
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