In The News: Lee Business School

Las Vegas Review Journal

Back in 1997, Clark County added a staggering 77,336 people to its population, with 38 percent of the newcomers hailing from California. More than a quarter century later, the same story is still playing out, albeit on a slightly smaller scale.

Las Vegas Review Journal

The word of the year when it comes to Las Vegas real estate has to be “inflation.” High interest rates — not seen since the beginning of the Great Recession in 2008 — were brought in by the Federal Reserve last year to stem runaway inflation, brought on by pandemic restrictions wreaking absolute havoc on the global economy. This put a serious damper on the national housing market, and Las Vegas was not immune to the pain.

CDC Gaming Reports

The focus of the Nevada gaming industry today will be whether the state shattered the all-time November revenue record of $1.32 billion, thanks to the Las Vegas Grand Prix.

Las Vegas Review Journal

All eyes will be on the Federal Reserve in gauging where Las Vegas Valley’s real estate market could head next year, area real estate agents said.

PBS

We speak to economic expert Andrew Woods on where things stand with the resort/casino industry, and where it goes in the future.

Vegas Inc

Las Vegas’ workforce is the most at-risk for losing jobs to artificial intelligence, according to a recent report determining the U.S. cities where AI poses the biggest threat to employment.

Las Vegas Review Journal

UNLV’s latest population report prepared for local governments estimates this year on average Clark County is adding around 115 residents a day to its population, and places such as North Las Vegas and Henderson were some of the fastest-growing municipalities in the country last year.

Las Vegas Review Journal

At least six Nevada legislators who own rental properties voted against bills affecting rentals — from capping rent increases for seniors to increasing transparency on rental leases — prompting concerns about special interests’ influence on government.

KLAS-TV: 8 News Now

UNLV economist Andrew Woods breaks down what we know about the benefits and detractors from the Las Vegas Grand Prix.

Hospitality Investor

If you were to rewind the clock 15 years, the conversation surrounding hotel investment in Las Vegas would be very different. Of course, one could say that about many major cities, but perhaps none more so than Sin City, a desert oasis that hung its hat on gaming and gluttony.

Las Vegas Review Journal

Through an analysis of Federal Bureau of Investigation internet crime data from 2022 and census data, Tiplati, an accounting software company, found Nevada had 286 victims of financial fraud per 100,000 people. The Silver State ranked just ahead of Delaware, Alaska, California and Colorado, per the report.

Phys.org

As with the business of logistics, where having multiple routes to deliver goods to the same destination raises reliability, network-dependent consumerism depends on multiple networks having a host computer with multiple connections operating in sync.