In The News: Center for Business and Economic Research
Coming off record gaming revenue for December and 2023 and the Formula 1 race in November, the Super Bowl is thrusting Las Vegas once again into the international spotlight. More records are expected to fall, including the betting handle on the game between the Kansas City Chiefs and San Francisco 49ers. The game is certain to enhance Las Vegas’ growing reputation as a sports destination.
New Year’s resolutions are as fickle as rain in the Mojave Desert.
Film industry experts called for an expansion of the state’s film tax credit program during a panel Wednesday evening.
The teams are set, the game is scheduled, and the total tab to see the first Super Bowl in Las Vegas is stacking up to be the most expensive in NFL history.
In states dependent on the dwindling Colorado River, planning is key.
Californians relocating to the Las Vegas Valley and Nevada as a whole has been a trend going back since the inception of the state itself in the 1800s. Transplants from the Golden State consistently make up roughly 30 percent of all new residents to the Silver State, according to multiple sources including U.S. Census data and UNLV population research reports.
The economy will be one of the main issues in the 2024 Presidential Election. Americans are concerned about the cost of food, fuel, and housing, among other things.
As Formula One has come and gone, some Las Vegas Valley businesses say they are still recovering from a weekend of losses while others report the race as their highest-grossing weekend ever.
Welcome to 2024. Following three years of economic extremes, from historic high unemployment and business lockdowns to the pandemic-caused bust and stimulus-caused boom, it’s been a ride.
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.
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.
We speak to economic expert Andrew Woods on where things stand with the resort/casino industry, and where it goes in the future.