Las Vegas Feeling the Crush of Wall Street
Gamblers are gambling less in Vegas these days. For a city built on the two-pronged fork of tourism and hedonism, Sin City is feeling the pinch of the collective consumer budget tightening. Hotel construction is at a lull, with the Echelon on hold, and with the plug being pulled on the billion-dollar Elvis-themed resort, the neon brights of Vegas are winking just a bit. The upside to all this: Hotel prices are dropping faster than the Dow. Check out the discussion here.