In Las Vegas, a city famous for its neon lights, packed casinos, and high-stakes thrills, faces a quieter reality, a new report from a local news outlet says. A recent slowdown in tourism is hitting the Strip hard, and it’s casino dealers who are feeling the brunt of it. Several major resorts and hotels have quietly started laying off workers, many of them table game dealers, as foot traffic on casino floors declines. Experts said a mix of rising travel costs, fewer international visitors, and economic uncertainty is behind the dip in visitor numbers.
For this article, SBS will be going over the latest gaming news and notes coming from Sin City, along with some additional thoughts and comments regarding Las Vegas wagering
According to the Nevada Department of Employment, Training, and Rehabilitation, the Las Vegas metro area ended 2024 with an unemployment rate of 5.9%, the highest of any large metro area in the country. The leisure and hospitality sector, which includes casino dealers, shed thousands of jobs over the past year. Industry insiders say some properties are moving toward more automated systems, such as electronic table games, which require fewer staff. Others are simply tightening budgets amid weaker earnings reports.
“Fontainebleau announced some layoffs, as well as Resorts World. We want those casinos to be successful, active, and rrobust because that gives our break-in dealers an opportunity to transition, that’s the goal,” CEG Dealer School Managing Director David Knoll said in the article. “We have seen our enrollment drop, and people interested in becoming a dealer. We used to have a lot more people transition from out of state and come to Las Vegas for the opportunities here,” Knoll said.
Hotel occupancy rates have also declined, with a drop of one percent overall in April, and a larger decrease for hotels downtown of 2.6 percent. Additionally, noted in the same article, in 2024, the average hourly wage for casino dealers in Nevada was $19.96, closely aligning with the national average of $19.25. Despite Nevada’s prominence in the casino industry, it did not rank among the top five-highest paying states for this occupation.
In other Sin City news, Las Vegas casinos are moving towards a smoke-free future due to investor pressure and changing public views. While most Las Vegas Strip resorts still allow smoking on their gaming floors, more and more people wnat casino operators to think again. Park MGM stands alone as the only major Las Vegas Strip property to ban indoor smoking, a rule they brought back in 2020. Some visitors do not know about this rule, but others, like Amy Chamberlain, say it is why they pick where to stay, as reported in another local Vegas outlet.
Per the same article, new findings point to more industry players having to tackle the smoking issue soon. A survey backed by the Nevada Tobacco Control and Smoke-Free Coalition revealed that over two-thirds of voters want smoke-free casinos. This led groups like the American Nonsmokers’ Rights Foundation (ANRF) to submit proposals to several big gaming companies. These proposals ask shareholders to push for studies on the cost and benefits of no-smoking policies.
Most companies tried to keep these proposals off shareholder ballots, but the SEC stepped in and allowed the votes. So far, 8.6% of Wynn Resortrs investors and 11% of Boyd Gaming shareholders have supported these proposals. Caesars Entertainment and Penn Entertainment will hold similar votes in mid-June. Although these percentages do not represent a majority, ANRF’s Bronson Frick views them as indicators of growing support. He pointed out that investors are voicing concerns even when management resists, which might influence future policies.
Additionally, experts in the industry claim that worries about losing revenue may be exaggerated. Studies by UNLV researchers and independent groups suggest that bans on smoking have little impact on gaming income. In some instances, properties without smoke have shown signs of better performance. Professor Ashok Singh, who helped write a study about South Korea’s Kangwon Land, verified that the venue’s smoking ban in 2015 did not affect its business volume. Labor groups have also started to pay attention, the article notes. The Culinary Union, which speaks for tens of thousands of Las Vegas Strip workers, back smoke-free efforts at Park MGM and keeps pushing to protect workers better. For the time being, the industry remains cautious and so it will be interesting to see how things play out in Sin City.
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