Are There Too Many Casinos in Las Vegas?
Las Vegas casinos are looking forward to capacity constraints being eased on March 15, which will allow them to operate at 50% capacity versus the current 35% ceiling.
Yet with more people allowed in, will the resorts even be able to reach those limits? Were they even bumping up against the lower limitations? Until demand returns, which could be a very long time from now, there just may be too many casinos in Las Vegas.
Image source: Getty Images.
Source Fool.com