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Roaring Twenties CallAs other market observers have, Fertitta notes the US economy – the world’s largest – is heading for a “Roaring Twenties” setup “for a while. reopening of thunder valley casino ” However, he acknowledges gaming and leisure enterprises could lose some current consumers next year, but there’s a potentially favorable trade-off. chumba casino jackpot no deposit real money casino bonus codes “Then, I think what’s going to happen is we’re going to lose some of this consumer (spending). 777 hollywood casino blvd kansas city chukchansi casino hotel rooms But we’re going to start getting back the business consumer and the conferences, and the big party rooms in New York and LA, and all your big cities,” he said in the CNBC interview. Assuming his call is correct, that would be a major boost foslot casino online freer Las Vegas. club world casino new player bonus Poker Table Casino Dimensions Hgib While executives from some Strip operators note occupancy rates for weekends are close to 100 percent through the remainder of 2021, the Sunday through Wednesday period remains sluggish because of the lack of convention business. In the largest domestic casino center, meetings and conventions are essential to steadying traffic and providing needed revenue in the first four days of the week. morongo casino oasis pool

Key Insights and Expert Analysis

Inflationary PressureWhile Fertitta notes traffic is strong at Landry’s higher-end restaurants, including Mastro’s and Morton’s, inflation is a scenario that bears monitoring. According to AAA, the average price for a gallon of regular unleaded gasoline is . online blackjack ohio 14, nearly a dollar higher than it was a year ago. download liberty slots In California, that number swells to a staggering . 30 a gallon. That’s meaningful for Las Vegas operators because neighboring California accounts for almost 20 percent of annual visitation to Sin City, and many of those customers drive from Southern California. Higher fuel costs can prompt consumers to scale back expenditures at places such as casinos and high-end restaurants or steer clear of those venues altogether.

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