Las Vegas casino CEO reveals how dining habits are evolving amid tourism drop

Steve Hill, the group's president, spoke of the impact tariffs are having on both returning and potential new visitors. 

Others have pointed to the high prices in Vegas.

"Getting a steak in Las Vegas is not as inexpensive as it used to be," he said.

"The days of Vegas being a place to visit because of cheap buffets and things like that are a bit in the past."

He added, "I understand how a number of people are talking about missing some of those elements - but as with any other city, things evolve."

Stevens acknowledged that the state of Vegas tourism is a nuanced one - and that overall, the restaurant business is very challenging.

Circa has a total of 11 dining options, including restaurants, bars and cafés.

The industry has taken notice, he said, that visitors are "a bit more adventurous at lunch, although it has to be convenient" for them.

The Culinary Workers Union, which represents 60,000 Vegas workers, recently renewed or created several new contracts with major casinos in the city. 

"There was a relatively new culinary union contract that was signed that increased some costs," Stevens said.

Ted Pappageorge, secretary-treasurer of the Culinary Workers Union, previously told Fox News Digital that companies had frozen hiring and were making targeted cuts to part-time workers' hours. 

"If it continues, it could bleed into the full-timers," he added.

He pointed out, however, that if workers aren't "making the tips, the credit doesn't help."

Some industry observers have said the issues are more local.

Still, Stevens of Circa takes a more measured view.

"It's not as if the sky is falling," he said, according to The Associated Press.

Circa has introduced inexpensive package deals to lure those with less money to spend.

Deirdre Bardolf of Fox News Digital, plus The Associated Press, contributed reporting.