Current Articles

  • Las Vegas Casinos Boom Despite Fears of a U.S. Bust
    MGM Resorts, Caesars say travelers are flocking to the Strip

    August 04, 2022 | The Wall Street Journal | Katherine Sayre

    Vegas is still booming.

    Despite inflation at a four-decade high, and jitters over a looming recession, people are flocking to the entertainment and gambling oasis. Executives with Caesars CZR 5.85% Entertainment Inc. and MGM Resorts MGM 1.17% International this week reported record-high performances for their Las Vegas properties in the latest quarter.

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  • Economic analyst: Challenges on horizon but Las Vegas resilient

    June 24, 2022 | Las Vegas Sun | Bryan Horwath

    Despite stiff economic headwinds, local economist Brian Gordon said he wasn’t anticipating anything close to a repeat of the Great Recession that devastated Las Vegas more than a decade ago.

    “I do not expect a repeat of where we were in 2008 and 2009 and the fallout that ensued,” said Gordon, principal with financial analytics firm Applied Analysis. “I think we’re more apt to be in the soft landing category.”

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  • Sustainability key to Southern Nevada’s growth, speakers say

    June 23, 2022 | Las Vegas Review-Journal | McKenna Ross

    Southern Nevada’s economy saw a major rebound following the impact of the COVID-19 pandemic. But economic leaders are calling on the region’s business community to avoid complacency and keep growth going, especially as concerns of a recession loom.

    The Las Vegas Global Economic Alliance pushed for “sustainable economic development” in the areas of land, water and workforce, during the group’s 42nd annual Perspective event on Thursday.

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  • Allegiant Stadium investment has paid off, Preview speakers say

    January 18, 2022 | Las Vegas Review-Journal | Richard N. Velotta

    Allegiant Stadium turned out to be a perfect place to hold the Vegas Chamber’s Preview Las Vegas event.
    Las Vegas Convention and Visitors Authority President and CEO Steve Hill and R&R Partners principal Billy Vassiliadis told more than 1,000 Preview attendees Tuesday that the $2 billion stadium exemplifies one of the reasons it was built with the help of $750 million in public money from hotel room taxes.
    The public investment, they said, is paying off.

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  • Preview Las Vegas highlights recovery bright spots, how labor shortage poses challenges

    January 18, 2022 | Fox 5 Vegas | Jaclyn Schultz

    LAS VEGAS (FOX5) -- Business leaders at Preview Las Vegas said gambling revenue booms and construction projects are paving the way forward for Nevada's economic outlook, but labor shortages continue to be a hurdle for businesses to recover.

    Preview Las Vegas, organized by the Las Vegas Chamber at Allegiant Stadium, offers projections for jobs, tourism, construction and business trends for 2022.

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  • FOX5 EXPERTS: Las Vegas economist weighs in on supply chain issues, employment

    October 15, 2021 | Fox 5 Vegas | John Huck

    LAS VEGAS (FOX5) -- A Las Vegas economist weighed in on current supply chain issues and lingering worker shortages.

    Jeremy Aguero is the principal at Applied Analysis. He is an economist whose research informs local businesses, investors, developers, attorneys, trade organizations, legislators and the media.

    Aguero explained why we are having supply chain issues.

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  • Las Vegas welcomes fans for another busy sports weekend

    October 09, 2021 | KTNV | Sean DeLancey

    LAS VEGAS (KTNV) — From Friday through Sunday, major sporting events have been slated to dominate Las Vegas for yet another weekend, seeing thousands of fans pour into the city still trying to recover from the pandemic's devastating economic effects.

    The weekend began with a disappointing finish for the Las Vegas Aces as they were knocked out of the WNBA semi-finals with a loss to the Phoenix Mercury.

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  • Las Vegas housing market stabilizing despite record-setting growth

    October 06, 2021 | Fox 5 Vegas | Byron Teach, Lauren Martinez

    LAS VEGAS (FOX5) -- The numbers are in and the housing market in Las Vegas is showing signs that things are stabilizing despite setting records in growth.

    Las Vegas Realtors released a monthly report showing record-setting numbers in September, however the report showed signs that the market was leveling out a bit.

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  • Water concerns may translate into new growth controls

    October 05, 2021 | The Record Courier | Kurt Hildebrand

    Concerns about the drought and growth have prompted a call for a temporary suspension of building permits until a water study is completed.

    Commissioner Walt Nowosad used his own water bill as an illustration to show how the future water needs in Carson Valley could grow.

    “We can’t predict when or if the drought will end,” he said during a presentation at the Sept. 16 county commission meeting. “But we can predict how much water is drawn from the aquifer. We can take steps that our water won’t be overdrawn by unfettered growth.”

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  • A Positive Outlook – Ready to Travel Again

    September 26, 2021 | Las Vegas Review-Journal | Jeremy Aguero

    For months, we’ve been feeling the momentum grow. Bolstered by falling COVID-19 cases and rising vaccination rates as the summer arrived, the American public showed that it was more than ready to visit Las Vegas once again to enjoy the unique experiences only our city can offer. On the Strip, visitors crowded sidewalks, packed casino floors and filled seats at marquee events, highlighted by the full opening of our newest community asset, Allegiant Stadium, which has played host to major events nearly every week since it opened on Fourth of July weekend.

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