A Las Vegas housing analyst says he doesn’t know of any possible scenario that would suggest things are going to improve drastically over the next year. There are too many negative factors and not enough positives, he says.
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The Las Vegas Valley’s job market isn’t likely to return to expansion in 2010, and that means continued struggles for a high-tech sector that local officials have tried to expand for more than a decade, a local recruiting expert told a technology trade group Wednesday.
A new American Indian casino managed by Station Casinos should be ready to open by the end of summer, about the same time a management agreement with another tribe expires after seven years.
Look for commercial real estate values in the Las Vegas area to improve in 2012, an executive at Grubb & Ellis says.
On the Strip, Tiffany & Co. has become the Starbucks of the high-end jewelry business.
Billionaire corporate raider Carl Icahn said Wednesday that he would wait for the Las Vegas gaming market to settle before deciding how to proceed with the bankrupt Fontainebleau development, which has been shuttered since April.