Las Vegas isn’t dying — but it is changing fast.

At the One Drop Poker event in Resorts World, Pauly C breaks down what most tourists and investors completely miss about Vegas: casino debt, REIT structures, gambling psychology, addiction, and why some casinos will survive while others quietly bleed out.

From personal addiction, dopamine deficiency, and social media validation — to why MGM and Caesars are trapped in long-term REIT deals, how Circus Circus quietly prints cash, and why hospitality culture actually built Las Vegas — this is a raw, numbers-driven conversation with real context.

📚 What You’ll Learn

🎰 Why gambling addiction is tied to dopamine deficiency

🧠 How social media replaces risky behavior dopamine

🏨 How REIT structures quietly drain casinos

💸 Why MGM & Caesars are dangerously leveraged

📉 Why Resorts World struggles despite billions invested

📈 Why Circus Circus prints cash with low prices

🤝 How hospitality culture built Vegas

🔮 Why Vegas will consolidate, not collapse

Chapters

00:00 One Bad Decision Can Ruin a Life

00:49 Growing Up Privileged vs Growing Up Trapped

01:45 Why Pauly Never Monetized His Content

02:31 Turning Down Gambling Sponsorships

03:36 Why Some Casinos Give Better Odds

05:58 The Hidden Danger of Casino REIT Debt

07:47 MGM & Caesars’ $56B Leverage Problem

10:13 Why Resorts World Barely Makes Money

18:26 Why Circus Circus Quietly Wins

27:04 Gambling Addiction, Dopamine & Social Media

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🎧 LISTEN ON

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⚠️ DISCLAIMER

The views and opinions expressed by guests on Digital Social Hour are solely those of the individuals appearing on the podcast and do not necessarily reflect the views or opinions of the host, Sean Kelly, or the Digital Social Hour team.

While we encourage open and honest discussions, Sean Kelly is not legally responsible for any statements, claims, or opinions made by guests during the show.

Listeners are encouraged to form their own opinions and seek professional advice where appropriate. The content shared is for entertainment and informational purposes only — it should not be taken as legal, medical, financial, or professional advice.

We strive to present accurate and reliable information; however, we make no guarantees regarding its completeness or accuracy. The views expressed are solely those of the speakers and do not necessarily represent those of the producers or affiliates of this program.

🔥 Stay tuned for more episodes featuring top creators, founders, and innovators shaping the digital world!

🔑 Keywords

pauly c vegas interview, las vegas casino debt, casino reit explained, gambling addiction dopamine, vegas real estate finance, mgm caesars debt, resorts world financials, circus circus profitability, vegas casino economics

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