A UNLV economics professor released a report this week suggesting Las Vegas’ visitor volume, gaming revenue, and hotel occupancy will decline in 2025 and 2026 due to a softening of the nation’s economy.

According to Stephen Miller, director of research for the Center for Business and Economic Research, the Nevada economy and its tourism sector “will hit some bumps in the road” next year and the year after. CBER projects some retrenchment of economic activity or slower growth over the next two years, “absent any large economic shocks from within or outside the system.”
While Miller doesn’t see a recession on the horizon, a softening within the economy impacts Las Vegas.