The lack of convention sand trade shows and fewer flights are the biggest reasons Strip properties are having greater financial angst than their locals counterparts.
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When people have money to burn, Las Vegas heats up. But as seen twice now in the past decade or so, when the national economy gets hit hard, Southern Nevada ends up on life support.
On Tuesday, Nevada casinos cut already-reduced capacity limits in half. But indoor malls and retail stores can keep operating with the previous 50 percent capacity limit.
Tourism indicators continue to be down in October with the possibility they could be worse in November and December after a three-week “pause” was instituted.
Despite rising COVID-19 cases and travel advisories in surrounding states, Las Vegas is poised to see some visitors over Thanksgiving weekend.
Resorts World Las Vegas is set to launch an entertainment complex under a new partnership with Singapore-based entertainment company Zouk Group.
A day after a big rally for Nevada-based gaming stocks, optimism remains that a return to normal is on the horizon.
The marketing genius behind Circa seemed to pull all the right levers at the right time and now Las Vegas has a new downtown resort to pick through historic Easter eggs.
Visitation to Las Vegas is still down, but some stats are moving in the right direction.
It’s a trend unlikely to reverse itself until casinos get back to full capacity and midweek visits with conventions and trade shows return.