Experts In The News
Gas prices around Las Vegas have been sharply increasing in recent weeks and it's causing a palpable pain amongst residents. Some have said it's forcing them to cut down on spending elsewhere.
MGM Resorts (NYSE:MGM) International's operations across the country were disrupted last week due to a cyberattack that began with a social engineering breach of the company's IT help desk, according to a cybersecurity executive familiar with the matter. The incident is the latest in a series of high-profile security breaches that have hit Las Vegas casinos in recent months.
Casino executive: “It’s good not to have people getting themselves into trouble because when they're in trouble, they're not good customers.”
Casino executive: “It’s good not to have people getting themselves into trouble because when they're in trouble, they're not good customers.”
According to reports by Coldwell Banker, 2023 will be a record-breaking year for apartment complex completions in Las Vegas as 19 high-end multifamily developments have or will be completed this year or by early 2024 — adding 7,000 units to the city’s inventory. By contrast in 2022, only 882 units came online.
It's been eight days since MGM Resorts started having cybersecurity issues impacting thousands of guests and visitors.
The recent rain has created a lot of standing water around the valley, making it a breeding ground for mosquitoes, which are not typically a problem for us in Las Vegas.
The hotel room rates of some Las Vegas resorts have started falling by nearly 60% for the Grand Prix weekend (November 16th-18th) as compared to the rates that were posted last fall. However, the rates do not determine if the interest in the event is going down, according to an industry expert.
