Resorts wish they could have more visitors like Cincinnati resident Tony Iori, who hopes Las Vegas will be like it has been so that he can travel here as often as he has.
Don’t expect a big burst of real estate action anytime soon.
While many people in the industry may not feel much like celebrating these days, the U.S. Travel Association and the LVCVA plan to do just that this week.
A bankruptcy court auction is scheduled to be held May 19 for a 38.5-acre spread along Las Vegas Boulevard across from Mandalay Bay. Bids were due Thursday.
Former Nevada Gaming Commission Chairman Tony Alamo is conflicted on how Nevada should reopen because of his experience as a regulator and a medical doctor.
The state’s gaming tax is calculated based on a percentage of a casino’s win. Lost winnings means lost general fund tax revenue that supports government functions from schools to public safety.
People are still buying homes, and builders are still building, but the pipeline of sales is shrinking fast amid the turmoil.
There’s a reason Gov. Steve Sisolak has deemed construction an essential service because finishing Allegiant Stadium will be critical to the community’s return to normal.
Gov. Steve Sisolak last week cited one reason in particular why he let construction keep going in Nevada: jobs.
The city’s resorts have good reasons to decline sheltering the homeless during the coronavirus outbreak, even though 150,000 hotel rooms will be empty over the next four weeks.
The economy is in crisis again because of the coronavirus pandemic — but foreclosures are on pause, stopping what could have been an avalanche of repos.
With Las Vegas largely at a standstill over fears of the new coronavirus, the real estate market is bound to take a hit. But for now, construction is still chugging along.
As National Problem Gambling Awareness Month comes to a close, responsible gaming advocates are fearful that the nation’s casino closures could lead to other problems.
With fears of the coronavirus upending daily life in Las Vegas and across the U.S., the homebuilding market, like other industries, faces a scary stretch ahead.
R&R Partners principle Bill Vassiliadis has seen shutdowns and downturns before and expects Las Vegas to come back strong once the coronavirus measures are over.