I stayed at treasure island and few other places in las vegas about a month ago. Went to some shows, tried the pool, etc. Gambling is pretty pointless. I'm surprised so many people spend money on it - mostly old folks re-living the times when gambling was 'cool'.
From what I heard, the old folks really hated how Las Vegas became more kid friendly with shopping, attractions, even the new hotels. Las Vegas has some problems with many hotels never being build which leads to dead construction sites or empty lots. El Rancho, Frontier, Stardust, Bourbon Street and, Castaways remain either empty or dead construction sites.
People weren't also happy as the old casinos that used to be own by the mafia, Rat Pack casinos, Elvis casinos, Howard Huges hotels are getting demolished. They believed they should be renovated to last longer. So, it is starting to be no longer an adult playground but, some sort of "Disneyland"