Casino companies will continue to eliminate jobs and struggle with large debt loads as the industry deals with an “unprecedented economic downturn” in the coming year, an annual outlook by independent research firm Spectrum Gaming Group forecasts.
Clark County taxable sales plunged 6.8 percent in October while statewide totals fell 6.2 percent, giving an economist little reason for optimism.
New mortgage applications, driven by requests to refinance at cheaper rates, are on the rise in Las Vegas.
