While they're currently trying to clean it up, much of Downtown Vegas and the surrounding area is currently a shit hole. you have the west side, which is MLK boulevard and goes from moderate to bad VERY quickly. On the east you have the north end of Las Vegas blvd which is literally skid row with large homeless encampments on the sidewalks. North of downtown is an area that is strait up hood, and south is the Arts district, which is getting there but still a work in progress.
Source: Before I moved to Greer country, I lived in Vegas
There are a few cool promising buildings in the area but way out of Rusty Trombone's price range
Downtown/Fremont Street is where the hookers prowl though, so Russ probably thinks its Shangri-La