Encore will open Monday in the middle of the worst economic crisis to ever impact the gaming industry. Through October, Las Vegas casino revenues are down 8.7 percent while visitation is off 3 percent.
Las Vegas, once the darling of the nation’s housing boom, is feeling unloved for the holidays.
If the business community thinks it will have an easier ride in the upcoming legislative session following the retirement of Terry Lanni, they are sorely mistaken.
SURVIVAL SECRETS: Many people are watching the economy for signals of improvement or worsening. To help you get an idea about where the recovery is, economists, policy analysts, employment specialists and researchers describe their favorite gauges of economic health.
Ask Steve Wynn why he believes the $2.3 billion Encore is the prettiest resort he has ever built and the answer will arrive about half an hour later.
Major business events and economic events scheduled for the coming week (some dates are tentative):
Follow the link for all of Saturday’s girls basketball box scores.