This makes perfect sense because of how shitty it was, but it actually really sucks for your average young person who wants to visit vegas on a budget and also me because it takes away over 1,000 jobs and I was going to try to move there next fall.
Not only does this take away a cheap place to stay, it makes stratosphere less of an option, because now it's virtually impossible to walk from the strat to the wynn without getting mugged or at least harrassed to death by bums.