In The News: Center for Business and Economic Research
Gross Gaming Revenue (GGR) in the locals’ casino region near Las Vegas jumped 10 percent in August compared to the month in 2019, according to recently released data.
The aviation industry has been among those hardest hit by the coronavirus pandemic, but federal assistance has so far enabled most airlines to avoid widespread layoffs. With that protection nearing its end, executives and labor leaders are pressing Congress to approve more aid, but it is not yet clear if further help is coming.
Las Vegas gaming business is rebounding on weekends, says a casino industry chief. However, Jim Allen, the Hard Rock International Chairperson, says weekdays have remained “soft.”
As convention cancellations continue in Las Vegas over COVID-19 concerns, the economic impact spans across multiple industries, affecting businesses many wouldn’t imagine.
April was set to be yet another busy month for sales of apartment complexes in Nevada, one of the hottest multifamily markets in the country.
The coronavirus pandemic has been a financial nightmare for many in the Las Vegas valley including hair salon owner Lisa Ortiz.
If you’ve headed to a store recently, you may have noticed signs requesting exact change. Some stores are claiming there’s a coin shortage because U.S. Mint closures have affected the coin supply right now and they don’t have enough change on hand for customers.
As economists around the world try to make sense of the coronavirus pandemic's growth-destroying capacity, a team at Bankrate.com has devised a simple measure of 'economic hardship' to measure how much the outbreak in the US has harmed each state. BR's index comprises measures of unemployment and mortgage delinquencies (two critical signs of personal financial peril) to judge how the people of every state have fared since the outbreak began.
Las Vegas’ unemployment rate dipped last month as locals went back to work following the pandemic-sparked shutdowns.
For decades, the El Cortez Hotel & Casino in downtown Las Vegas has been known for single-deck blackjack.
For decades, the El Cortez Hotel & Casino in downtown Las Vegas has been known for single-deck blackjack.
The two-month casino shutdown in Nevada seems to have an end in sight.