In The News: Lee Business School
From the valets parking cars to the dealers at the blackjack tables to the bartenders at the city’s many bars, Las Vegas relies on people working for tips. “Las Vegas was built on tips,” said James Reza, a city native who owns two high-end beauty salons in town.
From the valets parking cars to the dealers at the blackjack tables to the bartenders at the city’s many bars, Las Vegas relies on people working for tips. “Las Vegas was built on tips,” said James Reza, a city native who owns two high-end beauty salons in town.
Researchers have found that female CEOs are targeted by activist shareholders more frequently than their male counterparts and are more likely to cooperate with activist requests. While there has been a lot of speculation about the reasons for these findings, little evidence has been brought to bear on the issue.
It’s illegal to smoke or consume cannabis products in Nevada casinos, but marijuana use on the Resort Corridor is still prevalent. From the storefronts on Fremont Street advertising various types of flower to the tourists crammed into alleyways or in parking garages adjoining Strip resorts enjoying a smoke, many people aren’t aware that cannabis has been outlawed from gaming establishment properties.
It’s illegal to smoke or consume cannabis products in Nevada casinos, but marijuana use on the Resort Corridor is still prevalent. From the storefronts on Fremont Street advertising various types of flower to the tourists crammed into alleyways or in parking garages adjoining Strip resorts enjoying a smoke, many people aren’t aware that cannabis has been outlawed from gaming establishment properties.
It’s illegal to smoke or consume cannabis products in Nevada casinos, but marijuana use on the Resort Corridor is still prevalent. From the storefronts on Fremont Street advertising various types of flower to the tourists crammed into alleyways or in parking garages adjoining Strip resorts enjoying a smoke, many people aren’t aware that cannabis has been outlawed from gaming establishment properties.
Both presidential candidates have promised to eliminate taxes on tips if they're elected. That is no small promise here in Las Vegas, where almost a third of the population are service workers. Only 1% of the state's income revenue is from reported tip wages.
Tourism and gaming are the largest economic powerhouses in Las Vegas, bringing in the most money for the regional economy. According to data from the American Gaming Association, the casinos industry’s economic impact in Nevada in 2023 totaled $59.4 billion, and the industry was responsible for supporting more than 330,000 jobs. These figures highlight how important tourism is to the Las Vegas economy. Even though this sounds good in hindsight, the overdependence on tourism creates a challenge for the overall health of the Southern Nevada economy when gaming revenues falter.
Today, in Las Vegas, Nevada, National Cyber Director Harry Coker, Jr. visited the College of Southern Nevada (CSN) as part of the nationwide Cybersecurity Workforce and Education Roadshow to share how the Biden-Harris Administration’s Investing in America Agenda is supporting Nevada’s cybersecurity ecosystem. Director Coker’s visit highlights the power of community colleges and Hispanic-serving institutions to help increase access to good-paying, meaningful cyber jobs and grow the area’s cyber workforce.
Over the past eight months, White House National Cyber Director Harry Coker has traveled around the country to study and spotlight best practices in developing the nation’s cybersecurity workforce.
Homeownership is a major investment which requires significant assets to maintain each month. According to UNLV’s Lied Center for Real Estate, the average household income for homeowners is $90,979 per year. But between inflation, cost of living data, and home sales data, that money may not have the same spending power compared to years ago.
For Las Vegas homeowner Yolanda Perkins, the threat of foreclosure constantly looms over her head. “The cost of living is so high, I live from paycheck to paycheck and I can barely make it,” she told Las Vegas ABC affiliate KNTV. “I make over $5,000 a month and I can not make it.”