Las Vegas and the downturn

Not sure if Megan at The Atlantic is right about where casinos get most of their money these days, but this description of how the economy is affecting high rollers and the rest of us sounded right to me:

The casino business makes most of its money on "avid gamblers," which is a euphemism for people who don't quite have control of their habit. They tend to fall into two categories: high rollers with high net worth, and ordinary folks who do extremely unwise things like go into massive debt in order to gamble. With credit drying up, the latter group is probably having a hard time finding the money to gamble. And as for the former group--well, the middle class suffer more during recessions, in terms of actual decline in personal utility. But the rich actually take the larger financial hit, because their income is more dependent on business profits and capital gains, which varies strongly with recessions.