In The News: Office of Economic Development
A new owner for the Mirage likely means the end of its signature attraction. But fans have new hope.
This Memorial Day weekend could be one of the last holidays to watch the faux volcano explode in front of The Mirage. The Las Vegas Strip iconic attraction could soon be dismantled. Memories tied with it may fade, too, unless preservations succeed in their effort.
This Memorial Day weekend could be one of the last holidays to watch the faux volcano explode in front of The Mirage. The Las Vegas Strip iconic attraction could soon be dismantled. Memories tied with it may fade, too, unless preservations succeed in their effort.
One of the most recognizable parts of the famed Sin City road faces a wrecking ball.
After a rocky 2020, when lockdowns kept casinos closed or operating under restrictions, the gambling industry has recovered, and then some. Commercial gaming revenue – that includes in-person gambling, online gambling and sports betting – set an all time record in March, taking in more than $5.3 billion, according to the American Gaming Association.
The Entertainment Capital of the World has been a draw for families with children during the pandemic, and hospitality insiders have differing opinions on whether tourists with little ones will keep flocking to Las Vegas.
After a long-held stiff arm to Las Vegas, the N.F.L. has in short order selected the city to host a Pro Bowl, a Super Bowl and a draft.
After a long-held stiff arm to Las Vegas, the N.F.L. has in short order selected the city to host a Pro Bowl, a Super Bowl and a draft.
Inflation was top of mind for economists and housing experts on Wednesday, as they shared their predictions for the future of the national and Southern Nevada economy at an event hosted by the UNLV Center for Business and Economic Research (CBER).
Las Vegas visitor volume has steadily increased since the pandemic lows of early 2020, but economic researchers from UNLV predict tourist activity will dip next year.
Mary Daly, president and CEO of the Federal Reserve Bank of San Francisco, described the national economy as a mix of positives and negatives, pointing to a robust job market and strong household and business balance sheets that are coexisting with rising costs of food, housing and gas.
Economists at UNLV predict Nevada’s economy will remain in recovery mode for the remainder of the year, “but the picture is less clear for 2023,” says the biannual Outlook report released Wednesday by the school’s Center for Business and Economic Research.