With fewer young people tying the knot, Las Vegas is losing business. Only half of all adults are married now compared to 72% in 1960, according to Pew Research Center. Las Vegas acts as a microcosm for the larger trend, where the $3 billion wedding chapel business has suffered from the move away from matrimony. With marketing efforts fueled by a $14 surcharge on marriage licenses, the industry has started to resurge in recent years—will the rest of America catch on? (Bloomberg)
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