Southern Nevada spent the past year grappling with the pandemic but also saw a burst of lucrative casino deals.
Business Columns
After a respectable run at predicting the top stories of 2021, the crystal ball forecasts some of the ups and downs we can anticipate from gaming and tourism in 2022.
Hard Rock’s purple-hued tower would feature six light beams shooting into the sky as if they were strings on a guitar neck.
Billionaire developer Jorge Pérez ventured to Las Vegas during the mid-2000 bubble and sold his project sites at a big premium.
Six companies with interests in Southern Nevada’s tourism landscape reported third-quarter losses, showing that the city still hasn’t fully recovered from the pandemic.
Lennar Corp. filed plans for a 25-unit townhouse project on a 1.6-acre plot in downtown Henderson.
Southern California real estate firms Lyon Living and LandSpire Group recently started construction on a 294-unit rental complex at The Gramercy in the southwest valley.
The Honolulu Star-Advertiser’s Stephen Tsai says “McCarran International Airport makes ours look like the airport on ‘Wings.’”
Visitor volume remains below pre-pandemic levels, but investors are betting big that Las Vegas is back on track.
New sports-wagering proposals from outside gambling interests and tribes could spread confusion among California voters about what the initiatives mean.
Florida developer Jeffrey Soffer aims to open the towering resort in 2023, after initially breaking ground in 2007.
MGM Resorts International’s purchase of The Cosmopolitan of Las Vegas, the company’s planned sale of The Mirage and remarks by Penn National CEO make gaming headlines.
The company owns six undeveloped sites and likes the idea of “essentially doubling the size of our current operating platform here in Las Vegas.”
Southern Nevada prices have been on a stomach-churning ride the past two decades: The market floors it, hits the brakes, and repeats.
The company announced that due to a “backlog in renovations and operational capacity constraints,” it will not sign any new contracts to buy homes “through the end of the year.”