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Resorts World CFO Warns Las Vegas Faces 2025 Summer Slump

By Drooid · Sep 17, 2026, 3:11 AM UTC · How we work

Summary

Story summary

Carlos Castro, president and CFO of United States Resorts World, urged Las Vegas to refocus on visitor value and safety.
He warned that 2025, especially summer, would be challenging because price-conscious travelers delay vacations.
He added Canada-U.S. political friction and high-priced new hotels increase pressure to generate revenue from rooms, drinks, mini-bars.
Business improved over the summer but remained challenging, according to Castro.

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Story summary

Carlos Castro, president and CFO of United States Resorts World, urged Las Vegas to refocus on visitor value and safety.
He warned that 2025, especially summer, would be challenging because price-conscious travelers delay vacations.
He added Canada-U.S. political friction and high-priced new hotels increase pressure to generate revenue from rooms, drinks, mini-bars.
Business improved over the summer but remained challenging, according to Castro.