The legendary $20 Vegas steak dinner is long dead — and now, the “All-You-Can-Eat” dream is on life support.

The buffet at the MGM Grand Las Vegas — a staple of cheap, all-you-can-eat indulgence since the early ’90s — will permanently close on May 31, marking the latest casualty in the slow death of budget-friendly Las Vegas.

Once a staple at the Strip’s largest hotel in a single building, the coming closure marks another nail in the coffin for Sin City buffet culture.

Once synonymous with Vegas excess, buffet halls are now an endangered species.

As of June, only a handful of traditional buffets will remain on the Strip, including Caesars Palace, Wynn and Cosmopolitan. Many of the remaining offerings have dramatically shortened their hours — or raised their rates — in recent years.

Buffets weren’t initially designed to be luxury affairs, but to be cheap, fast and filling so that gamblers could quickly refuel before heading back to the casino floor.

But that model has been flipped, with some buffets in Vegas charging up to $175 per person to gorge on lobster tails and bottomless drinks.

The COVID-19 pandemic delivered a near-fatal blow to buffets, forcing widespread closures across the Strip, reported the AP. Many never reopened, as operators realized they could make more money by replacing them with food halls or celebrity chef restaurants.

Instead of endless trays of lukewarm pasta, visitors now get curated menus, Instagram-ready dishes, and higher prices.

The demise of the buffet comes as Las Vegas itself faces a reality check. Visitor number dropped sharply in 2025 — down 3.1 million visitors, the steepest non-pandemic decline on record, according to Reuters.

At the same time, prices across the city have soared — from resort fees to parking to food — pushing out the very middle-class travelers who once made buffets a booming business.

The idea of an affordable Vegas trip has become just that — an idea.

Buffets once reportedly numbered as many as 70 across Las Vegas. Now they’re being wiped out one steam tray at a time.

While nostalgia runs high, the reality on the ground has been more bitter than sweet.

Reacting to the news on social media, many Vegas veterans aren’t shedding tears for the food itself, but what it represents.

“Good riddance. It was overpriced low-end cafeteria food,” wrote one user on the r/LasVegas subreddit, echoing a sentiment that the quality had cratered long before doors locked.

Others were more blunt, describing the recent offerings as “bottom of the barrel slop.”

“I’ve never seen such little effort or care put into a buffet operation,” a commenter quipped, before pointing to its budget friendly neighbors. “When Excalibur outdoes you on something, then you know something has gone horribly wrong.”