Las Vegas home prices were up 13.7% in July from a year earlier, compared to 6 percent nationally, according to the latest S&P CoreLogic Case-Shiller index. The valley’s growth rate was fastest among the 20 metro areas listed in the report for the second straight month. But amid affordability concerns, there are signs locally and nationally of a pullback, including reduced sales totals and slower price growth. Cheryl Young, senior economist, Trulia
The U.S. Supreme Court overturned a ban on sports betting in most states on May 14 Four states — New Jersey, Delaware, Mississippi and West Virginia — have joined Nevada in offering legalized sports betting since And more than 20 states are looking to legalize it when their legislatures convene next year. Research firm Eilers & Krejcik Gaming predicts 44 states will have approved sports betting by 2023. Credit Suisse expects U.S. sports betting net revenues to surge to $4.5 billion by 2023
Santa Fe Station will host a gun show Saturday and Sunday, just before the one-year anniversary of the Oct. 1 Las Vegas Strip shooting. The gun show is six years old and draws over 1,000 people from across the country. The scheduling has offended some survivors. Some believe shows allow gun buyers to avoid federal background checks. Other survivors are indifferent or say people should remember a man carried out the attack. Guns were just his tools.
Gold prices rose nearly threefold during the financial crisis Between November 2008 and September 2011 the price of gold reached $1,875 an ounce Investors bought the metal as a safe haven during the financial crisis and as a hedge against surging global money supply However, prices have tumbled more than 35% since then as the global economy slowly recovered and inflation remained tame
Photo by Marcus Villagran Photo by Richard Brian Photo by Chase Stevens Photo by Chase Stevens Photo by Heidi Fang Photo by Benjamin Hager Photo by Richard Brian Photo by Benjamin Hager Photo by Erik Verduzco Photo by Bizuayehu Tesfaye
Officials plan to finish the Raiders’ Henderson headquarters by spring 2020. The planned facility would be home to offices, training facilities and 4 1/2 football fields.
Nevada’s Gaming Control Board is considering new sexual harassment prevention rules Under consideration are: -A comprehensive written policy addressing prevention -A statement setting forth procedures and methods of reporting harassment -A statement setting potential consequences for violators -An unequivocal statement that sexual harassment is not tolerated -An easy-to-understand description of examples of prohibited conduct -A reporting method of system available to employees who experience or observe incidents or patterns of sexual harassment -A requirement to communicate sexual harassment policies and procedures -A requirement that all records relating to sexual harassment prevention and procedures and validated claims be retained for no less than five years
Rental prices for Las Vegas houses are climbing at the second-fastest rate in the U.S. CoreLogic reported that rents were up 5.7% year-over-year in July in Las Vegas, compared to 3% nationally. Orlando, Florida, led the pack at 6.4%. Investors bought cheap homes in bulk to turn into rentals after the market crashed. Despite Las Vegas’ fast-rising sales prices, landlords are holding on to their properties amid strong demand from tenants.
Before David Perisset looked like this He looked like this Perisset worked at Lehman Brothers when it went bankrupt on September 15, 2008 “We started hearing rumors that the balance sheet was full of very bad assets. Nobody imagined though at the time that this would be the end of Lehman,” he said. The collapse of Lehman Brothers – an event that shattered the dreams of some of the bank’s employees – stimulated others like Perisset, to give their true passions a shot. He moved to Las Vegas within a year to begin building a business: Exotics Racing
Las Vegas will be adding another European destination soon: Amsterdam Right now, McCarran offers service to eight European cities Cologne, Germany (Eurowings) Frankfurt, Germany (Condor) Glasgow, Scotland (Thomas Cook) London-Gatwick (British Airways, Virgin Atlantic) London-Heathrow (British Airways) Manchester, England (Thomas Cook, Virgin Atlantic) Munich, Germany (Eurowings) Zurich, Switzerland (Edelweiss)
