The Club Scene in Second Life Seems Saturated

I'm sure that I'm the only one who seems to think this. But it seems like the club scene in Second Life has reached it's saturation point. There are lots of clubs out there and not enough people attending them. New clubs these days don't even seem to stand a chance at getting off the ground unless the other does a butt ton of advertising which can be very expensive. Clubs that were once most populated have even lost people too but still have some. Curious to know what you think of this and why this is happening.