Las Vegas’ jobless rate has shrunk dramatically since the early chaos of the pandemic but still second highest among 51 large metro areas.
Search results for:
Las Vegas-based Union Gaming says it has raised $28 billion in capital and worked on $2 billion worth of mergers and acquisitions.
Builders reported 1,085 net sales in Southern Nevada in May, the second consecutive month-to-month drop and the lowest tally this year.
Kingsbarn Capital Development has acquired 6.1 acres in Carson City and plans to break ground on a 140-unit apartment complex.
Observers have said the north Strip property could initially siphon guests from competitors but also boost tourism overall to Las Vegas.
Anthony Hsieh, founder of mortgage firm LoanDepot, bought a newly built mansion in the Henderson foothills.
The market for new casinos in the famed resort corridor was shaky long before the pandemic hit.
After three Las Vegas casino-resorts debuted during the pandemic, no others are officially scheduled to open anytime soon.
UNLV’s Center for Business and Economic Research predicts that visitor volume in Southern Nevada will climb 57 percent this year and 13.2 percent next year, following its 55.2 percent drop in 2020.
U.S. homebuilders’ sales fell to its slowest pace in a year last month, and resales dropped for the fourth consecutive month. And it’s no different in Southern Nevada.