Latest / Desert Degens Podcast / Is Las Vegas Pricing Out the Average Tourist?

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Is Las Vegas Pricing Out the Average Tourist? · Desert Degens Podcast

• 0:00
  All
• 0:26
  right, guys. for today's lead story.
• 0:28
  It's one that I wish that we didn't have
• 0:30
  to talk about, but we have to
• 0:31
  congratulate
• 0:33
  >> Carolina Hurricanes.
• 0:34
  >> Oh, okay.
• 0:35
  >> Yeah.
• 0:36
  >> Okay.
• 0:36
  >> They they were the better team, man.
• 0:38
  They were the better team.
• 0:39
  >> Uh they also had the refs,
• 0:42
  >> the team ref.
• 0:43
  >> Well,
• 0:44
  >> I'm a little bitter of that that
• 0:46
  interference. It's no goal thing. That
• 0:48
  was a goal.
• 0:49
  >> Turn into a power play. everyone
• 0:51
  everyone on the next
• 0:52
  >> switch momentum but at the end of the
• 0:54
  day they they were the better team
• 0:57
  way more shots on goal
• 0:59
  >> it it hurts you know you get that close
• 1:01
  they they rolled over
• 1:03
  >> Colorado and I'm like oh my gosh
• 1:05
  >> wow they're better than we thought they
• 1:06
  were
• 1:07
  >> yeah and uh and then they were they were
• 1:09
  hanging in there they went down two
• 1:10
  goals and nothing like right off the bat
• 1:11
  and came back and
• 1:12
  >> they just really showed a lot of heart
• 1:14
  but at the end of the day uh
• 1:15
  >> Carolina was good
• 1:16
  >> between the crossarss and the
• 1:18
  >> and the refs
• 1:19
  >> right they did did a lot of postback
• 1:21
  >> and and a better team. So, also
• 1:23
  congratulations to our Vegas Golden
• 1:25
  Knights for being the Western Conference
• 1:26
  champions this year.
• 1:27
  >> Yeah, just making it
• 1:28
  >> and uh and providing us a lot of uh
• 1:30
  entertainment.
• 1:31
  >> Definitely
• 1:31
  >> love them. So, guys,
• 1:34
  >> unhappy news. I like this story. I do.
• 1:36
  >> It seems like premise saved. I you know,
• 1:39
  I I did not want to be driving to
• 1:40
  California on the times that we do or
• 1:42
  coming back from California and just
• 1:44
  seeing a ghost town there. There's a
• 1:45
  couple other ghost towns out on the 15.
• 1:48
  Uh that other one that's like in halfway
• 1:50
  between Prim and Vegas. I forgot what
• 1:52
  that uh Sloan or something like that
• 1:55
  >> exit. Yeah.
• 1:56
  >> Um yeah, that thing's just just a a hunk
• 1:58
  of concrete out there in the desert kind
• 2:00
  of and there's a bunch of other ghost
• 2:01
  towns obviously in Vegas. You had the
• 2:03
  the old gold rush stuff and
• 2:05
  >> um sad like Prim was heading heading
• 2:07
  that direction.
• 2:08
  >> Yes. Yes.
• 2:09
  >> But officially now uh it was like well
• 2:12
  >> the bid is in the regulatory
• 2:15
  >> stuff hurdles and stuff like this. I
• 2:17
  can't imagine you pick about like Caesar
• 2:19
  just got bought out. MGM's being
• 2:20
  talking. These are $18 billion deals.
• 2:22
  This one's going to be significantly
• 2:24
  less. I don't think the number has been
• 2:25
  disclosed yet, but Terribles the gas
• 2:28
  station chain in in Vegas. I
• 2:31
  >> don't quite understand this name. I
• 2:33
  mean, I know it's his name, but like
• 2:35
  >> do you really want to go to a casino
• 2:37
  name? Terribles,
• 2:38
  >> right?
• 2:39
  >> So, maybe they're not going to use that
• 2:40
  name that use the that you still use
• 2:42
  while Bill.
• 2:42
  >> Those are all the gas station. So,
• 2:45
  >> and uh and his off-road race team. He's
• 2:48
  got the terrible race team.
• 2:50
  >> Yeah.
• 2:50
  >> But uh I don't know, man. I
• 2:54
  >> I don't do a lot out there. We don't
• 2:56
  have a lot of reason to go out there,
• 2:57
  but I definitely don't like driving by a
• 2:59
  a place that's just run down.
• 3:01
  >> There was there was a time when we lived
• 3:03
  in California, it was kind of a almost
• 3:06
  as a joke, we stop you stop and like we
• 3:08
  got to get our gamble on, right? But we
• 3:10
  really stop and get gas. is a little bit
• 3:12
  cheaper over over there over the over
• 3:14
  the in Nevada than it was in California
• 3:15
  where we were coming from at the time.
• 3:17
  Uh you know, stop and use the restroom.
• 3:19
  >> I do like that they're saving 300 jobs,
• 3:21
  300 plus jobs, 344. But
• 3:23
  >> people that were used to actually stay
• 3:24
  there, you know, it's like they rather
• 3:26
  stay there than go all the way into
• 3:27
  Vegas and deal with
• 3:27
  >> or they live out in Sloan or Sandy
• 3:30
  Valley and it's it's an easy commute
• 3:32
  instead of coming into Vegas. So, I mean
• 3:34
  there there are a lot of positives.
• 3:36
  There's a golf course out there. I've
• 3:37
  played it.
• 3:38
  >> The $800 or $800 people that live in
• 3:40
  Baker,
• 3:40
  >> that too. forget about them.
• 3:41
  >> Yeah, that too.
• 3:42
  >> So,
• 3:43
  >> so yeah, I'm glad they're
• 3:44
  >> This is like a last minute thing, man.
• 3:45
  They they announced in May that they
• 3:47
  were closing everything down.
• 3:49
  >> Uh and and July 4th was going to be
• 3:50
  their last day. And so this is
• 3:52
  >> they should be getting this for pennies
• 3:54
  on the dollar. I can't imagine whoever
• 3:55
  owns it is going to take a a 100% loss.
• 3:58
  Why not
• 3:59
  >> sell it for just whatever they'll give
• 4:01
  you?
• 4:01
  >> I'm assuming they're getting a good deal
• 4:02
  on it. Now,
• 4:04
  >> is that going to turn out ultimately be
• 4:05
  a good deal? There's a reason why Prim
• 4:06
  is struggling,
• 4:07
  >> right? What's going to actually fix Prim
• 4:09
  at this point is hard to say. There is a
• 4:11
  lot of commuter traffic that comes in
• 4:12
  from California that goes right by there
• 4:14
  all the time. So, another cool news for
• 4:16
  Vegas specifically, the NBA summer
• 4:19
  league is now locked into Vegas through
• 4:21
  2028. And I I'm of the opinion that
• 4:24
  sports are really the only thing that
• 4:25
  can save Vegas at this point and
• 4:27
  entertainment because here we are in
• 4:29
  Atlantic City and now I mean when I was
• 4:31
  a kid it was this or Vegas,
• 4:33
  >> right?
• 4:34
  >> That was it. I mean, if you want to go
• 4:36
  to a casino in the United States, brick
• 4:38
  and mortar, it was this
• 4:39
  >> or Vegas. You know, obviously Atlantic
• 4:42
  City is struggling now because
• 4:44
  >> New York City has a casino. Philadelphia
• 4:46
  has a casino
• 4:48
  casinos. I mean,
• 4:49
  >> they're everywhere.
• 4:50
  >> There's only three sides here to
• 4:51
  surround New Jersey because the other
• 4:53
  side's the ocean. I'm surprised that
• 4:54
  there isn't a barge out there with a
• 4:56
  casino on it, but north, west, and south
• 4:58
  are casinos. And so like, you know,
• 4:59
  obviously Atlantic City struggles trying
• 5:02
  to pull people in here because there's
• 5:03
  other surrounding things. Vegas has the
• 5:05
  same problem, right? There's there's
• 5:07
  casinos in 30 states. You have a value
• 5:09
  proposition. Why would you fly to Vegas
• 5:12
  >> for hundreds of dollars, stay there, and
• 5:14
  feel like you're getting ripped off?
• 5:15
  >> Well, I mean, you can drive 20 minutes
• 5:17
  down the street,
• 5:18
  >> right? Sports and entertainment. You got
• 5:20
  to
• 5:21
  >> the sports and entertainment. I think
• 5:22
  it's the sports and entertainment
• 5:23
  capital of the world.
• 5:25
  >> It's becoming the food capital also. You
• 5:27
  know that, right?
• 5:27
  >> 100%. 100%. You have things like the
• 5:30
  summer league. You want to go see a
• 5:31
  special experience that you can't see
• 5:32
  anywhere else,
• 5:33
  >> you got to come to Vegas. You want to
• 5:34
  see a lot of USC fights, you come to
• 5:36
  Vegas. You want to see
• 5:37
  >> the sphere or you know, you can go see a
• 5:39
  UFC fight on the lawn at the White
• 5:41
  House.
• 5:41
  >> That's true. I think that actually
• 5:42
  >> it happened.
• 5:43
  >> It just happened yesterday. We were so
• 5:45
  busy. We're actually here in Atlantic
• 5:47
  City filming this uh that we didn't even
• 5:49
  see it. We were watching the the Vegas
• 5:50
  Golden Knights game last night. I saw a
• 5:52
  little clip of it and it was the first
• 5:53
  time that I've ever seen the president
• 5:58
  of the United States do a walk out like
• 6:01
  a UFC fighter to music and everything.
• 6:04
  >> I actually think he did that once
• 6:06
  before. Did he do that? I think so. I'm
• 6:08
  not
• 6:08
  >> I I didn't see it, but it was pretty
• 6:11
  They were all talking about it.
• 6:12
  >> Here's the sad thing. Just talking about
• 6:14
  this just talking about the fact that
• 6:15
  this even happened. Someone's mad.
• 6:16
  >> Yeah. Don't be mad about it. We're just
• 6:19
  want this to happen. I
• 6:21
  >> and it and it's just one of those things
• 6:22
  that just makes us laugh. You know our
• 6:24
  personalities by now. Makes us laugh.
• 6:27
  >> Anyway, NBA summer league uh through
• 6:30
  through 2028. So, it's it's not a huge
• 6:32
  extension, but
• 6:34
  >> they are there. And I and I do believe
• 6:35
  that Vegas is going to get enough.
• 6:38
  They'll keep on. You know, the players
• 6:40
  love to come. They love it. So, they
• 6:43
  they want it. They're gonna they're
• 6:45
  gonna read,
• 6:45
  >> you know, the old Dennis Robin Vegas
• 6:47
  story.
• 6:47
  >> Oh, baby. Yes. Michael Jordan. Michael
• 6:50
  Jordan showed up and Carmel Electra
• 6:52
  opened the door and Michael Jordan was
• 6:54
  standing there coming to get
• 6:55
  >> I love this story. I just saw a clip of
• 6:57
  it again. I don't know why that just
• 6:59
  came up.
• 6:59
  >> If you're you're on the internet just
• 7:01
  looking around.
• 7:02
  >> Oh my god.
• 7:02
  >> Look up Rodman goes to Vegas for 3 days.
• 7:05
  Jordan has to find him.
• 7:06
  >> Yeah, it's it's it's really good.
• 7:08
  >> Pretty funny.
• 7:08
  >> Uh normally a fast food chain opening up
• 7:12
  >> wouldn't location is not is not
• 7:14
  headlined.
• 7:14
  >> It wouldn't excite you. Well,
• 7:16
  >> this one will
• 7:17
  >> now burger opening up a location anyway
• 7:19
  excites me,
• 7:19
  >> right? That's what I'm saying.
• 7:20
  >> We try to we try to pick and choose for
• 7:22
  our audience because they probably don't
• 7:24
  care as much as I do. But this is and I
• 7:27
  don't understand how this isn't the
• 7:28
  largest, but it's the second largest
• 7:29
  In-N-Out burger location,
• 7:31
  >> but that's indoor seating,
• 7:33
  >> right?
• 7:34
  >> I think it's the largest with the huge
• 7:36
  patio.
• 7:37
  >> Yes,
• 7:37
  >> it's massive.
• 7:38
  >> It's This is amazing.
• 7:40
  >> It's uh the Boulevard Mall, BLVD, brand
• 7:43
  new mall. It's up on like a second
• 7:45
  level. It has one of the best views of
• 7:47
  Las Vegas
• 7:49
  >> of the strip. Yeah.
• 7:50
  >> Yeah. Right across the street.
• 7:52
  >> Have a view of the fountains. I would
• 7:54
  imagine it's going to have
• 7:55
  >> Well, it's not quite close enough to the
• 7:57
  fountain.
• 7:58
  >> I think it was cuz it's straight there.
• 7:59
  I don't think that it goes around.
• 8:01
  >> I don't know that you can really It's
• 8:02
  It'd be really close. It'd be kind of a
• 8:04
  weird view of the kind.
• 8:05
  >> It's over by Park MGM more than it is.
• 8:09
  You've got a few spots in between.
• 8:11
  >> Here's what I'm going to do. I have a
• 8:12
  plan. Let's go up there for sure.
• 8:14
  >> My plan is to go there
• 8:16
  >> when we film at Parking GM one day.
• 8:18
  Let's do that. I'm already there.
• 8:20
  >> I have You got to wait.
• 8:21
  >> You got a better plan? I do. I do. I'm
• 8:23
  going to go up there.
• 8:24
  >> I'm going to order probably about 114
• 8:28
  double doubles.
• 8:29
  >> 114
• 8:30
  >> during the Formula 1 race and just sit
• 8:32
  on the rail.
• 8:33
  >> Sit there and eat and hand them out.
• 8:34
  >> No, just watch the race.
• 8:35
  >> You're going to need 114.
• 8:37
  >> Well, it's cheaper than buying a Formula
• 8:38
  1 ticket.
• 8:39
  >> That's true. Just sit there. But Formula
• 8:41
  1 brings a lot of money to the town and
• 8:42
  a lot of jobs and a lot of good things,
• 8:44
  too.
• 8:44
  >> Yeah, but I want to watch it for free.
• 8:46
  So, I'm going to sit there at the
• 8:46
  In-N-Out Burger
• 8:47
  >> and watch the Formula 1 right by there.
• 8:50
  >> I think if you just get 10, you'd be
• 8:51
  good.
• 8:52
  >> So, the Formula 1 doesn't actually zoom
• 8:54
  by there, Mike. I'm sorry to tell you.
• 8:55
  >> It's on the other side of the street.
• 8:56
  You can still see it.
• 8:57
  >> It's uh it turns at Harmon.
• 8:59
  >> Oh, is it
• 9:01
  >> Oh, you're right.
• 9:02
  >> Yeah, it's it's close. I mean, you can
• 9:04
  hear them
• 9:05
  >> and you can possibly see them.
• 9:06
  >> I'm going to go down there and listen to
• 9:08
  the Formula One. You're right. turn.
• 9:09
  >> Kind of like uh like when you're in in a
• 9:12
  big city with an ocean view and you look
• 9:14
  out over the balcony,
• 9:16
  >> you'd be able to see them that way.
• 9:18
  >> It's kind of like it says ocean view.
• 9:20
  You open up the curtains and it's a
• 9:21
  painting of the ocean, too.
• 9:23
  >> It' be kind of like that. Okay. I knew
• 9:24
  that.
• 9:25
  >> Uh yeah, you're not you're not too far
• 9:28
  off.
• 9:28
  >> You definitely hear it. It's definitely
• 9:29
  in the I can hear it zone.
• 9:32
  >> We're heading to taking a break.
• 9:33
  >> Yeah. Watch.
• 9:35
  >> Yeah. Yeah. Here's our badges.
• 9:36
  >> All right. Cool.
• 9:38
  Nice. All right. Cool, man.
• 9:40
  >> All right. Thanks, brother. Thanks for
• 9:41
  checking on us.
• 9:41
  >> Everything good?
• 9:42
  >> Yeah. Have my gun.
• 9:43
  >> All right. Thanks, brother.
• 9:44
  >> Thank you.
• 9:46
  >> Cut that out.
• 9:47
  >> No problem.
• 9:52
  >> All right. Pen and Teller.
• 9:53
  >> Sorry to make you do an edit, Lynon.
• 9:55
  We're trying to make this as easy as
• 9:56
  possible for you. The security was
• 9:57
  >> We got badges everywhere.
• 10:01
  >> I actually think he might not have said
• 10:02
  anything to us cuz he saw the badge, but
• 10:04
  Oh,
• 10:04
  >> he kind of leaned in.
• 10:05
  >> We wanted to be respectful and polite.
• 10:08
  All right, guys. Pen and Teller.
• 10:09
  >> Pen and Teller. We love Pen and Teller.
• 10:11
  >> Really, really good show.
• 10:12
  >> And the Rio, you know, we love the Rio.
• 10:13
  >> Yeah. Three more years. Another
• 10:14
  three-year contract. I don't think they
• 10:16
  can sign them for 10 more years as
• 10:17
  they're starting to get old.
• 10:18
  >> Yeah, they are getting a little old and
• 10:19
  they probably want to retire at some
• 10:21
  point.
• 10:21
  >> I would think so. We just saw this.
• 10:24
  >> I don't know if it was when I say this
• 10:26
  year, I'm thinking 2026. Literally,
• 10:29
  >> certainly within the last 12 months, you
• 10:30
  know, we have seen them. Uh,
• 10:35
  >> I can't believe how good that show is.
• 10:36
  >> Very good.
• 10:37
  >> It's been a long time since I've seen
• 10:38
  it. I had forgotten how good it was. I,
• 10:40
  you know, it's funny. I actually saw
• 10:41
  them
• 10:41
  >> as a very young child, like in
• 10:44
  elementary school in Washington DC,
• 10:46
  National Theater. And I remember that
• 10:48
  cuz I like I always love magic. Like I I
• 10:50
  still even as an adult, I still watch a
• 10:52
  lot of these like hard trick magic
• 10:53
  things. I I love Shenlim uh and a couple
• 10:56
  of the other magic shows in town.
• 10:58
  Whenever we're watching America's Got
• 10:59
  Talent and one of these magicians come
• 11:01
  on, I just I I love magic. I don't know
• 11:02
  what it is. I just I think that I don't
• 11:05
  believe in magic. I just I believe in
• 11:06
  the talent of people.
• 11:08
  >> Well, they also have that TV show where
• 11:10
  they they uh
• 11:11
  >> fool us.
• 11:12
  >> Yeah, they have fool us where they Yeah.
• 11:14
  people come and try and
• 11:15
  >> and trick use a trick to see whether or
• 11:19
  not they can solve what the trick was.
• 11:21
  >> Full. It's a lot of It's a lot of fun to
• 11:23
  watch, too. But this show at the Rio is
• 11:26
  right there in front of you. Amazing
• 11:28
  show. Got to go check that out. It's one
• 11:30
  of the longest running shows in Vegas.
• 11:32
  It's probably about to be the longest
• 11:34
  show in Vegas. I think you David
• 11:35
  Copperfield's out.
• 11:37
  >> Yeah.
• 11:37
  >> Keratop probably would be the other one
• 11:39
  that's been there for
• 11:41
  >> residency wise though. I don't know. Pen
• 11:42
  and Teller is probably longer
• 11:44
  >> cuz uh Keratop was actually over at MGM
• 11:47
  first,
• 11:48
  >> right? But he went on tour around the
• 11:50
  country also.
• 11:52
  >> I don't know if he look up the the
• 11:55
  >> Well, I know he was in Reno when I was
• 11:57
  living in Reno. I drove Carrot Top in
• 11:59
  the limo when I was a limo driver.
• 12:00
  >> It's good news to see cuz Rio just uh
• 12:02
  changed hands again. We're obviously uh
• 12:05
  very tight with the Rio. I like seeing
• 12:07
  these types of things happen cuz I'm
• 12:08
  hoping that they continue to improve
• 12:10
  their property and uh this is just a
• 12:12
  great draw for them. So, uh congrats to
• 12:14
  the Rio for for doing that.
• 12:15
  >> Another uh big performer. Uh one that
• 12:18
  you like, right? This
• 12:20
  I've seen him one time. I like him.
• 12:22
  Don't get me wrong. I like him. Another
• 12:24
  magic show.
• 12:25
  >> Yeah, I think he does a great job. I
• 12:26
  just don't remember any of his tricks so
• 12:29
  well that I was like, "Wow, like I have
• 12:31
  to come back to see this guy." So, I
• 12:33
  would probably need to go see him again.
• 12:35
  I know he was the America's Got Talent
• 12:37
  guy.
• 12:37
  >> Um, I probably would need to see him
• 12:39
  again because any magic for me is fun. I
• 12:41
  would I would highly recommend this
• 12:42
  show. Yeah. Uh if you guys get a chance
• 12:44
  to see this in Vegas and you don't want
• 12:46
  to go over to the Rio, I think that Matt
• 12:48
  Franco,
• 12:49
  >> one of the best
• 12:50
  >> is now when you're talking about the
• 12:53
  person, the the personality.
• 12:55
  >> He is so charismatic.
• 12:57
  >> Gotcha.
• 12:57
  >> I mean,
• 12:58
  >> that's what I feel like I remember.
• 12:59
  >> God, the guy is just got I mean like I
• 13:01
  wish
• 13:02
  >> that I had like his talent from that.
• 13:04
  >> He just smiles like constantly and just
• 13:06
  and just, you know, he he draws you in.
• 13:09
  He just has a special talent for that.
• 13:11
  And he's good with, you know, with cards
• 13:12
  and all the things, but
• 13:13
  >> yeah, I think he did something where he
• 13:15
  like threw stuff out into the crowd.
• 13:16
  >> Yeah, he did that. Yeah. A beach ball or
• 13:19
  something was out there and you that
• 13:21
  that's like a picks a random person and
• 13:22
  then like the whole thing comes. You're
• 13:23
  like, "How the hell did he do that?"
• 13:24
  >> Yeah. Yes. Yes. Yes. That's the part I
• 13:26
  remember and it was I I don't I have no
• 13:28
  idea.
• 13:28
  >> He does. You do a search on on YouTube.
• 13:31
  There's these shorts out there cuz I see
• 13:32
  him do all the time. There's one
• 13:33
  particular trick. I don't want to give
• 13:34
  it away, but he sits at a table kind of
• 13:36
  similar to where we're filming this
• 13:37
  right now. just a small little table and
• 13:40
  does this card trick closeup
• 13:42
  >> and you're like, "How does he possibly
• 13:44
  do that?" He makes the cards disappear.
• 13:46
  >> Yeah.
• 13:46
  >> Right in front of your face.
• 13:47
  >> Slide a hand in front of your face.
• 13:48
  >> Just like But there's no
• 13:49
  >> And they're gone. Yes. I don't I don't
• 13:51
  get it.
• 13:51
  >> Yeah. Uh 30,000 3,000th
• 13:54
  >> show. Yeah.
• 13:56
  >> Yeah.
• 13:58
  >> 3,000th performance at the link. That's
• 14:00
  a long
• 14:01
  >> Pretty awesome. It's pretty awesome.
• 14:02
  >> I think that they do He does more shows
• 14:05
  per year than Penantella does.
• 14:06
  >> Oh yeah. He's probably getting close to
• 14:08
  the number of shows as Pen and Teller. I
• 14:09
  don't know what their show count is.
• 14:11
  >> I feel like we actually saw him on house
• 14:12
  seats also.
• 14:13
  >> Yeah, he does come up on house seats
• 14:14
  almost all the time. It's I think for
• 14:16
  Wals we get to go for free.
• 14:17
  >> Pretty cool,
• 14:18
  >> guys. The Sigma Derby. Ryan, I know
• 14:21
  this. We have played this. We did on the
• 14:23
  channel.
• 14:23
  >> We've done it headtohead
• 14:24
  >> and I think I won 100 bucks from you
• 14:26
  that day.
• 14:27
  >> Yeah, we bet bigger than normal cuz I I
• 14:29
  didn't think I could possibly lose.
• 14:31
  >> Oh, he thought I I've been betting the
• 14:32
  horses my whole life.
• 14:33
  >> The Sigma Derby is this little derby.
• 14:35
  Not little. It's a gigantic horse
• 14:38
  >> arcade game that you can bet on. You put
• 14:39
  quarters in, like actual quarters.
• 14:41
  >> The oldest one, now they have tickets
• 14:43
  >> or dollars.
• 14:44
  >> Yeah. But the old one's like this.
• 14:44
  >> But the old one
• 14:45
  >> Oh, man. It's It's so bad that it's
• 14:48
  funny.
• 14:48
  >> It's fun. It's a lot of fun.
• 14:50
  >> It I mean, it's like it's it's a time
• 14:52
  warp.
• 14:52
  >> It's not like five horses, six horses,
• 14:54
  whatever. They run around the track.
• 14:55
  >> Yeah. Come on, baby. Come on. It's a lot
• 14:57
  of fun.
• 14:57
  >> Let's go. Six. Let's go six. Wait. And
• 14:59
  you can bet Wait, where the four come
• 15:00
  from? No. Six. Six.
• 15:02
  >> You can bet such a minimal amount of
• 15:03
  money. Hang out. have drinks
• 15:05
  >> and and it's a lot of fun.
• 15:07
  >> It's uh it's moving
• 15:08
  >> and they give you odds. Always take the
• 15:11
  long shot,
• 15:11
  >> right? It's moving from the D.
• 15:13
  >> Always take the seventh horse.
• 15:14
  >> I don't quite know why. Down to the
• 15:15
  Golden Gate. I think maybe because the
• 15:17
  Golden Gate went to all
• 15:18
  >> went all digital digital and Derek
• 15:20
  Stevens is is an insanely good marketer.
• 15:23
  Uh and he he knows what he's doing. They
• 15:26
  also have the circa down there and they
• 15:28
  have the D and it's Yeah, he's he knows
• 15:31
  what he's doing. He made the Golden Gate
• 15:32
  all digital. Yeah.
• 15:34
  >> Which I loved their party pit they had
• 15:35
  there for blackjack. I had one of my
• 15:38
  biggest nights in Vegas at their uh high
• 15:40
  limit blackjack room. Started with $25
• 15:43
  and ran it up to like 2 or 3,000 on 25
• 15:46
  bucks. It was it was insane. But now
• 15:48
  they're all digital.
• 15:49
  >> That's a cool story, bro. Guess what we
• 15:51
  did.
• 15:51
  >> We do go play bubble craps there every
• 15:53
  once in a while.
• 15:54
  >> Yeah. We turned $100 into 4,000 in
• 15:57
  Atlantic City. That video is gonna be
• 15:58
  coming out shortly.
• 15:59
  >> Yeah. You're gonna want to see that.
• 16:00
  >> Be amazing. Make sure you look out for
• 16:02
  that. It's probably going to be the
• 16:02
  title of the video, I'm guessing. So,
• 16:04
  you won't be able to miss it. So,
• 16:05
  >> right.
• 16:06
  >> Anyway, uh go check out Golden Gate down
• 16:08
  there for that.
• 16:10
  >> I kind of alluded to this earlier and I
• 16:13
  forgot that this was even in here, quite
• 16:14
  frankly, cuz it's been a couple days
• 16:16
  since I wrote this script.
• 16:17
  >> Oh, man.
• 16:18
  >> The Vegas is too expensive theme
• 16:20
  starting to kind of get louder and
• 16:22
  louder and louder. And this story
• 16:24
  >> disturbs me a lot because I'm a big like
• 16:27
  macro guy, right? and you look at at
• 16:30
  trends and like a lot of things will
• 16:33
  show themselves before other things like
• 16:35
  really show themselves. So you make it
• 16:37
  like
• 16:38
  >> you know this type of a thing where
• 16:40
  people are cancelling their trip at at a
• 16:42
  higher higher percentage higher higher
• 16:43
  frequency that might not show up in the
• 16:46
  quarterly profit margins yet or the
• 16:48
  annual reports of Vegas, right?
• 16:51
  >> But the most cancelled trip
• 16:54
  >> in 2026,
• 16:56
  >> oh my,
• 16:57
  >> is Las Vegas.
• 16:59
  Hate to hear that. I hate to hear that.
• 17:02
  >> The most canceled trip. It's not good.
• 17:05
  People are citing, you know, the the the
• 17:07
  high cost. People complain about
• 17:08
  parking, check-in fees, resort fees,
• 17:11
  $26.
• 17:13
  >> There's an old saying, it's nickel and
• 17:15
  dimming. People, you just
• 17:17
  >> it's out of control. It really is out of
• 17:18
  control.
• 17:19
  >> It's not good.
• 17:19
  >> They need to figure that out.
• 17:21
  >> Death by a,000 paper cuts.
• 17:22
  >> If they if all the casinos would get
• 17:24
  together and say, "We're not going to
• 17:25
  charge your parking. We're not going to
• 17:26
  charge resort fees, but we're all going
• 17:28
  to make our room $20 more.
• 17:30
  >> Then the people wouldn't complain so
• 17:32
  much about it because it would just be
• 17:34
  built into the cost of all. So when you
• 17:35
  went and looked at the Lux store and the
• 17:37
  room was $100 and you went to the next
• 17:39
  casino and it was $110 and the next one
• 17:41
  was $115, then you could pick based on
• 17:43
  which one you want to stay at and it
• 17:46
  would all work out. But instead they
• 17:47
  want to charge you $50 for the room, 20
• 17:50
  for parking, 20 for 40 for this, 60 for
• 17:52
  that. It it it adds up in people's
• 17:54
  minds. They fill nickel and dime. I
• 17:56
  don't like it.
• 17:57
  >> Yeah, I don't like it at all. Uh 65%
• 17:59
  people cancelling say it just comes down
• 18:01
  the cost that the the prices have gotten
• 18:03
  too expensive that for them to afford
• 18:04
  it. They had let's say budgeted $2,000.
• 18:06
  Now they feel like it's going to cost
• 18:07
  them 2500,
• 18:08
  >> right?
• 18:09
  >> Uh or they just feel like they're being
• 18:10
  ripped off.
• 18:12
  >> They're taking their gambling budget cuz
• 18:13
  it's really comes down to a gambling
• 18:14
  budget. They came budget and they can
• 18:16
  drive down to Atlantic City. Exactly.
• 18:18
  >> Instead of flying across the country.
• 18:20
  So, uh, and the people who cancel, 24%
• 18:24
  of them just switch their trip away from
• 18:26
  Vegas.
• 18:26
  >> It's brutal.
• 18:27
  >> It's like they're not just canceling the
• 18:28
  trip alltogether. They're like, I'm just
• 18:29
  going to move fly down to Florida or
• 18:31
  come down to Vegas or whatever. Maybe
• 18:32
  not gamble at all.
• 18:33
  >> Yeah. So, I really hope that Vegas
• 18:35
  figures this out that the challenge that
• 18:37
  I see, and we've talked about this more
• 18:38
  than once, is these CEOs who get
• 18:41
  inserted into these large casino
• 18:43
  conglomerates are
• 18:45
  >> graded, evaluated, whatever word you
• 18:47
  want to use,
• 18:48
  >> on a quarterly basis cuz they're public
• 18:51
  companies based on income.
• 18:52
  >> It's it's how much is the net profit for
• 18:54
  the casino, for the brand
• 18:56
  >> for January through March.
• 18:58
  >> Yes. April, if it doesn't go up, it's
• 19:01
  like, what are you doing wrong?
• 19:02
  >> Right. And it's hard to make a number
• 19:05
  like that that big of a number. We're
• 19:07
  we're in the millions and tens of
• 19:08
  millions, hundreds of millions. Well,
• 19:10
  per property.
• 19:11
  >> I mean, I worked at a well, no, I worked
• 19:13
  at a property years and years and years
• 19:15
  ago and I remember them cancelling
• 19:19
  bonuses because their profit was $22
• 19:23
  million out the door, everything paid
• 19:26
  for. That was their profit. But someone
• 19:29
  came and told them, "You're supposed to
• 19:31
  make $23 million this quarter or year,
• 19:35
  whatever it was, and they missed it by a
• 19:38
  million." They still made $22 million in
• 19:40
  their pocket.
• 19:42
  >> They cut all the bonuses. So, I mean,
• 19:44
  >> the challenge
• 19:44
  >> they So, maybe the person who gave them
• 19:46
  that number was wrong, but don't know,
• 19:48
  that's not possible that that guy could
• 19:49
  be wrong. We're just going to cut all
• 19:51
  bonuses. So, I mean, these corporations
• 19:53
  like this, it it's it's frustrating to
• 19:56
  see this happen for all those people
• 19:58
  that rely on that and they still pay
• 20:01
  these CEOs and huge millions of dollars.
• 20:05
  It's It's pretty crazy to me. It's
• 20:08
  frustrating. I don't know if you can
• 20:09
  hear the frustration in my voice.
• 20:10
  >> It's going to be okay, Ryan. I'll give
• 20:11
  you your bonus.
• 20:12
  >> I like it. I like it. Well, we get to
• 20:14
  bonus ourselves. So, you and I, we'll
• 20:17
  just bonus each other and then and then
• 20:19
  everyone will be happy in this business.
• 20:20
  We need to start getting paid first, but
• 20:22
  we're working on that.
• 20:23
  >> We're working on we'll be there soon.
• 20:24
  >> Yeah. Uh Boomer Sports Book keeps
• 20:26
  expanding. This is kind of crazy how
• 20:28
  quickly this has happened.
• 20:29
  >> Uh but I want to throw this in here
• 20:31
  because they they adding another
• 20:32
  location, 13 location, Silver
• 20:35
  >> Sevens. You know where that is?
• 20:36
  >> I actually don't.
• 20:38
  >> Right. Yeah. Right down the street from
• 20:39
  uh Hard Virgin, the old Hard Rock.
• 20:42
  >> Right on that next corner
• 20:44
  >> of Flamingo.
• 20:45
  >> Yeah. uh on the right as you're going
• 20:48
  north.
• 20:49
  >> Um it is uh where
• 20:52
  >> Davey used to take Mama. Mama loved
• 20:54
  gambling there.
• 20:55
  >> Yeah, Mama Jean.
• 20:56
  >> Yeah, Mama.
• 20:56
  >> Shout out Mama Jeene.
• 20:57
  >> Y
• 20:58
  >> uh yeah. So 13th location. That's pretty
• 21:00
  huge. I mean they're they're they're
• 21:01
  grassroots movement. They're getting
• 21:02
  into some of these smaller operations.
• 21:04
  >> Also Club Fortune. Okay.
• 21:06
  >> Yeah. Yeah. They're they're
• 21:09
  >> so if you guys hear are boomers, throw
• 21:11
  it down in the comments. I'm kind of
• 21:12
  curious if they're they're making a big
• 21:13
  enough wave that you've heard of I don't
• 21:15
  know if you know this, but uh Poker
• 21:17
  Palace, I think I've told you about this
• 21:19
  before, has an incredible prime rib that
• 21:22
  I've only heard about.
• 21:24
  >> We might have to go up there and check
• 21:25
  that out for one of the
• 21:26
  >> It's almost in Utah.
• 21:28
  >> No, it's not that far. It's just past
• 21:30
  downtown. It's not It's not like
• 21:31
  Speedway.
• 21:33
  >> It's just past Bonanza.
• 21:34
  >> When we lived in San Diego, we live 30
• 21:36
  minutes outside the city, which doesn't
• 21:37
  seem like that much.
• 21:39
  >> And every time I'm like, you know, ask
• 21:40
  someone to come visit, they're like,
• 21:41
  "You live way too far away. You live in
• 21:43
  Vegas." This is exactly how I failed out
• 21:44
  cuz like we we live in a spot in Vegas
• 21:46
  where we're 12 minutes from everything
• 21:47
  >> and if if I got to drive 14 minutes I'm
• 21:49
  like that is
• 21:50
  >> that is so far
• 21:50
  >> way too far.
• 21:52
  >> Not me. I'll drive across town for
• 21:54
  dinner. I love food. Come on. Let's go.
• 21:55
  >> I'll come over to your place,
• 21:56
  >> right? And then we'll drive
• 21:57
  >> park my car.
• 21:58
  >> Yeah. Yeah.
• 21:59
  >> And then you can drive.
• 22:00
  >> Sounds perfect.
• 22:00
  >> Okay.
• 22:01
  >> Nevada this is actually really really
• 22:03
  big news. This is this is important.
• 22:05
  Well, it is scary. But Nevada sign a
• 22:07
  tri-state water deal to help protect
• 22:09
  Lake Blake me. And so the centerpiece
• 22:12
  around this whole thing is getting
• 22:14
  >> SoCal to stop taking all of our freaking
• 22:17
  water. So it's been this constant
• 22:19
  struggle and it's way more than I can
• 22:21
  get into here. I've been kind of
• 22:22
  following this for for quite a while.
• 22:24
  But what ended up happening was when
• 22:26
  they built the dam and they assigned
• 22:28
  that this during the original tri-state
• 22:30
  water pack,
• 22:31
  >> they assigned the percentages and the
• 22:32
  amount of it was it wasn't really
• 22:34
  percentages. was assigned as a I forgot
• 22:36
  that there's like a term like acre feet
• 22:38
  or whatever the heck it is of water that
• 22:40
  they could take out of the dam per year.
• 22:42
  >> Well, it's actually adds up to be more
• 22:43
  than 100%. And now that the there isn't
• 22:47
  100% even a water
• 22:48
  >> who did that math
• 22:49
  >> is somebody that there wasn't even
• 22:50
  computers back then. This is back, you
• 22:51
  know, 120 years ago when they built the
• 22:53
  dam years ago
• 22:54
  >> scribbling on a sheet
• 22:56
  >> 100 years ago,
• 22:57
  >> right? So at any rate, it it's overs
• 23:00
  subscribed and California uh has
• 23:05
  >> deeded into land uh for agricultural
• 23:09
  purposes
• 23:10
  >> an amount of water. And so there just
• 23:12
  isn't there there you add up all the
• 23:14
  water that's being used for agriculture
• 23:15
  in California, for all the humans in
• 23:17
  California, for all the humans in
• 23:18
  Nevada, all the humans in in the in
• 23:20
  agricultural purposes also in Arizona,
• 23:22
  which is also crazy. In the middle of a
• 23:24
  desert, like I mean just dirt. Yeah,
• 23:26
  >> there's like fields of green.
• 23:28
  >> It's crazy.
• 23:28
  >> This water's all coming out of the
• 23:29
  Colorado, which comes out of Lake Me,
• 23:32
  >> which comes out of the Rockies.
• 23:34
  >> Which comes out of the Rockies, which is
• 23:34
  not getting any snow anymore.
• 23:37
  >> So, anyway, uh
• 23:39
  >> Vegas needs this water. We also need to
• 23:41
  produce the power which
• 23:43
  >> benefits the surrounding states as well
• 23:45
  cuz Vegas doesn't actually use that much
• 23:47
  of the power because when that was a
• 23:50
  sign back when the dam was first open
• 23:51
  Vegas had you know 10 50,000 whatever
• 23:55
  people I don't know exactly what it was
• 23:56
  back then but it was a very small town
• 23:58
  uh when lake when the lake was or when
• 24:00
  the dam was being built.
• 24:01
  >> Right. Right. Right. So,
• 24:04
  I don't know, guys. I mean, hopefully,
• 24:05
  you know, they need to figure it out.
• 24:07
  Dealization in San Diego
• 24:10
  >> indirectly takes the pressure off the
• 24:12
  dam because it just keeps on dropping.
• 24:15
  >> They need about 50 more plants
• 24:18
  >> for the desolinization that if if they
• 24:21
  don't do it's it's such a small
• 24:23
  percentage of water that they actually
• 24:25
  make and then they have to get rid of
• 24:27
  the salt. That's the other problem. It's
• 24:28
  it's and then that changes the oceans.
• 24:30
  It's It's a big revolving mess is what
• 24:32
  it is.
• 24:33
  >> No, it is definitely a big revolving
• 24:34
  mess.
• 24:34
  >> So, we'll keep an eye on that obviously
• 24:36
  >> and hopefully this makes it a revolving
• 24:38
  mess instead of a straight down mess
• 24:40
  because right now the lake is straight
• 24:41
  down.
• 24:41
  >> Yeah, we definitely need to figure that
• 24:43
  out.
• 24:43
  >> I am concerned legitimately at some
• 24:45
  point turn on the the tap and nothing
• 24:46
  comes out.
• 24:47
  >> We could always move to Florida, but
• 24:49
  then we but then we might be we might be
• 24:51
  uh sinking into the ocean over there.
• 24:54
  >> So, they have too much water. It's like
• 24:56
  the sea's rising, right? the hurricanes
• 24:58
  come and we don't have enough water.
• 25:00
  >> At any rate, uh, local news, guys, the
• 25:04
  Palms and the South Point,
• 25:06
  >> this is pretty cool.
• 25:06
  >> Have cracked the top 10 of the entire
• 25:09
  countries.
• 25:09
  >> Yeah.
• 25:10
  >> Luckiest casinos.
• 25:11
  >> And I worked at one of them.
• 25:12
  >> Yeah.
• 25:12
  >> Shout out South Point.
• 25:13
  >> South Point number three. We've heard
• 25:15
  for years that South Point's really
• 25:16
  good. We also know that
• 25:18
  >> uh Palms is incredibly good. Return to
• 25:20
  player. So luckiest basically means that
• 25:23
  they treat their players the best in
• 25:25
  terms of return to player and all that.
• 25:28
  >> I can't argue about the South Point
• 25:29
  because I it is it was a great place to
• 25:31
  work. Everyone I know that goes there
• 25:33
  and plays loves it. Um the restaurants,
• 25:36
  they love everything about it. It's got
• 25:37
  movie theaters, bowling alleys, uh bingo
• 25:39
  p. It's got everything. It's really
• 25:41
  really a great property. Um the only
• 25:44
  downfall I've ever heard about anyone
• 25:45
  say is that they felt it was too
• 25:47
  warehousy. Like this property
• 25:50
  >> has a bunch of angles and rooms and
• 25:52
  different
• 25:52
  >> walls that just split things up. South
• 25:55
  Point is like a massive corridor.
• 25:57
  >> Yeah.
• 25:58
  >> Uh and some people just don't like that.
• 25:59
  Some don't care for it.
• 26:00
  >> But you're paying for it.
• 26:02
  >> What's it matter? You're sitting at a
• 26:03
  slot machine anyway.
• 26:04
  >> What's it matter? I love it. I love
• 26:06
  South Point. I love the poker room and
• 26:07
  all the people out there that I used to
• 26:09
  work with.
• 26:10
  >> So, um I'm glad they cracked that.
• 26:12
  Number three. That's insane.
• 26:13
  >> Guess who's number one?
• 26:15
  >> Uh I didn't see.
• 26:16
  >> It's a It's a Hard Rock property. Is it
• 26:18
  Hard Rock Property?
• 26:19
  >> Yeah. Hard Rock Seminal in Tampa.
• 26:21
  >> I did not see that they were number one.
• 26:22
  >> Right down there. Yeah.
• 26:23
  >> Well, oh, okay. I didn't see that they
• 26:25
  were number one. We have We have not
• 26:27
  been there, myself and Mrs. DJ.
• 26:29
  >> But we're at a Hard Rock property right
• 26:31
  now. It's exciting new partnership for
• 26:33
  us. Hard Rock Atlantic City and Hard
• 26:35
  Rock uh sponsored us to fly out here and
• 26:38
  do a bunch of content for them. And
• 26:39
  we're hoping that this is a start of
• 26:41
  something new and big for us. We're
• 26:42
  going to be hopefully going to Florida
• 26:45
  uh towards the end of this year. Uh
• 26:46
  maybe we can squeeze Tampa. We could fly
• 26:48
  in Tampa and then drive over to
• 26:50
  >> be awesome. See how lucky it really
• 26:53
  >> Tampa. Reach out. Let's go.
• 26:54
  >> Yeah. Anyway, that's going to wrap it up
• 26:56
  for this week, guys. We really
• 26:57
  appreciate you hanging out, supporting
• 26:58
  the Desert DJs and our podcast. Don't
• 27:00
  forget to hit like and subscribe on that
• 27:02
  and tell a friend about the podcast.
• 27:03
  Even if they aren't in the playing slots
• 27:05
  and watch our antics over there,
• 27:07
  subscribing and watching the podcast
• 27:08
  helps us out a ton as well. So,
• 27:10
  >> yeah. Give as much information as we
• 27:12
  can.
• 27:12
  >> We're going to go uh film a video now
• 27:14
  about Hard Rock B. Super breaking cold.
• 27:16
  >> Let's do it.
• 27:16
  >> All right, guys.