In The News: Lee Business School
Southern Nevada will have to diversify its economy — particularly in the health care and manufacturing sectors — if it’s going to overcome labor shortages and support a rapidly growing population, according to data presented at the Spring Economic Outlook by UNLV’s Center for Business and Economic Research (CBER).
Like the rest of the economy, gaming was on a roll in 2019. It appeared set to continue into 2020. But as we all know, an infamous “black swan” showed up in the guise of a global pandemic. Again, like the rest of the economy, gaming came to a halt. It was a full stop with all casinos in the country closing in March. It wasn’t until May that some states permitted casinos to reopen with restrictions. It took the rest of 2020 for most of the nation’s gambling halls to reopen.
Economists at UNLV are loosening predictions of a recession in the next 12 months, while nationally many are expecting at least a mild recession beginning later this year — a sign that shows the uncertainty swirling around how the economy will perform.
Economists at UNLV are loosening predictions of a recession in the next 12 months, while nationally many are expecting at least a mild recession beginning later this year — a sign that shows the uncertainty swirling around how the economy will perform.
The almost-done deal turns out to have a lot of variables in play
The team has secured a binding deal to buy land in Vegas, but it still needs to figure out the specifics of financing a $1 billion, 35,000-seat stadium with a retractable roof. And as they say, the devil is in the details.
The latest earning reports from casino operators and tourism officials show strong earnings and visitation and convention attendance on an upward trajectory in Las Vegas.
In a stunning move that has sent shockwaves through the baseball world, the Oakland A's franchise has signed a contract for a piece of land just west of the Las Vegas Strip.
An ambitious proposal to track, and limit the influence of, corporate investors within Nevada’s strained housing market passed out of a Senate committee last week with bipartisan support.
There are nearly 1,200 miles of Union Pacific Railroad track carrying freight through Nevada, its rail cars loaded with everything from coal and chemicals to consumer goods.
There are nearly 1,200 miles of Union Pacific Railroad track carrying freight through Nevada, its rail cars loaded with everything from coal and chemicals to consumer goods.
Las Vegas-based tech startup Workbnb wants to help owners of short-term rentals attract a different kind of tenant — traveling workers.
