When the state’s economy needs a shot in the arm, Nevadans can always count on California to ride to the rescue. The Golden State’s Marxist lawmakers have put ever-increasing tax and regulatory burdens on industry, chasing scores of employers to the more business-friendly confines of Nevada. But come Nov. 4, it’s California’s voters who might deliver the coup de grace to their ranching industry — and help diversify Nevada’s economy in the process.
A drop in conventions and the number of people attending them drove Las Vegas tourism numbers down sharply in August.
Attorneys for a Hong Kong businessman who won a multimillion-dollar judgment against Las Vegas Sands Corp. are asking a judge to order the casino operator to post a bond on the award because the current economic meltdown has affected the company’s fiscal stability.
Foreclosures have nearly tripled in Clark County through September, and the number coming down the pike is growing, a California-based online foreclosure source reported.
Hard-money lender Mike Shustek on Friday said he has no fears about hard times in Las Vegas and that members of the CEO-CFO Group shouldn’t either.
