Then if you run out of money, you got the Freemont Street Experience north of the strip where you can hang out all night drinking $4 beers, eating deep fried Twinkies and playing slots with real coins like in the old days. It's gloriously low-rent - in a good way if you can imagine that.
I personally don't see Las Vegas going belly-up any time soon. Atlantic City and some of the depressing Indian and state-run casinos - yes.
Agree with your observations. I don’t see Vegas going belly up either. Even though I didn’t enjoy my last trip much, it was packed with people. Next time I go I’ll make it a point to get off the Strip and explore a bit more.