Sin City is hurting big time as no one has any MONEY.
Some companies are seeing rebounds. Las Vegas Sands is starting to make money again, MGM Mirage is seeing improvements, Wynn is doing OK. Even if Las Vegas itself is not raking it in atm as long as you have properties in Macau you are golden, that place is starting to see huge rebounds and Macau dwarfs Vegas in gambling revenues.
Place like the Venetian in Vegas are making money, the problem a place like the Riviera has is that the place flat out sucks and people going to Vegas don't want a $3.99 breakfast buffet of crap anymore. And even if they did there is not enough profit margin in selling those to make it worth the land value alone, Strip land is worth tens of millions of dollars per acre even in the area of the Riv.
I don't think the Bellagio, Mirage, Venetian, Mandalay Bay, MGM Grand, Ceasars, Rio and places like that are going anywhere. But places like Monte Carlo, Circus Circus, The Riv, Sahara, Tropicana, The Luxor, Planet Hollywood, and the older places like those that had a lower end to begin with when they were built have their days numbered. The land the Tropicana is on is worth a litteral gigaton of money, so is Planet Hollywood and the Monte Carlo. Circus Circus and the Riv might end up being condo's. That end of the strip is dying and I think it is becoming clear that Vegas is more likely to support a smaller number of high end mega-resorts rather then a bunch of lower end mini-resorts, the smaller less fancy ones cannot compete. Even if someone stays at the Riv they go eat and party and gamble at the better places. Eventually places like the Bellagio, Wynn/Encore, Ceasars and Venetian will be the standard, there will be 10-15 mega-resorts like that on the strip and the little ones not on that level will slowly be replaced.
Casinos everywhere to take over. I know it is showing our economic situation, but as gambling is not a high priority for anyone its the first thing to die in my opinion.. and I won't miss it
