Will Vegas Bet on Itself?

Abstract: Las Vegas faces a serious dilemma post covid, whats next? After having been decimated with the shot to hospitality it nearly collapsed the city. The question I am supposing is how do we prevent this? Like any investor would suggest, diversify your portfolio to mitigate risk. So why hasn’t Vegas done this with the job market? I seek to answer this by using models and illustrating how the outcome will be