In The News: Department of Economics

Casino.org
November 19, 2020

Nevada Gov. Steve Sisolak is intimating about new health restrictions on Nevada gaming properties as COVID-19 cases continue to escalate. Las Vegas casinos have yet to fully recover from earlier closings.

Gaming Today
November 18, 2020

With skyrocketing coronavirus cases in Nevada, casinos in Detroit and New Mexico being shuttered temporarily, others across the country getting hours and operations cut back, and California Gov. Gavin Newsom urging his residents to remain in the state or quarantine when they return, Las Vegas is wondering what’s coming for the casino industry here.

KLAS-TV: 8 News Now
November 17, 2020

The UNLV Center for Business and Economic Research and the Las Vegas Global Economic Alliance (LVGEA) have partnered to host their first Virtual Outlook 2021 event to share insight on what businesses can expect next year.

KLAS-TV: 8 News Now
November 17, 2020

While COVID-19 cases keep rising and uncertainty abounds, many people are worried we could see another shutdown.

KLAS-TV: 8 News Now
November 17, 2020

While COVID-19 cases keep rising and uncertainty abounds, many people are worried we could see another shutdown.

Casino.Org
November 16, 2020

Speculation continues over what may be built on a recently-acquired 12.1-acre property near the Las Vegas Strip. The vacant parcel is also close to the planned 1,500-room Virgin Hotels Las Vegas, scheduled to open in January.

Forbes
November 10, 2020

Las Vegas is known as America’s playground, a place where adults can indulge in their vices and leave it all behind. But when it comes to turning a profit, sin is less important to Las Vegas Strip casino operators’ bottom line than business conferences and tour groups that fill hotel beds and restaurant dining rooms from Sunday night through Wednesday night.

Vegas Inc
October 28, 2020

Las Vegas is home to the most financially stressed population in America because of the economic crisis brought on by the pandemic, according to a report released this week.

The Simple Dollar
October 26, 2020

The COVID-19 recession is now hardly impacting employment for high-wage workers, while job losses continue for low-wage workers — according to new labor data from the Opportunity Insights economic tracker. Employment rates are nearly back to pre-pandemic levels for salaries over $60,000 per year, while employment for workers who earn under $27,000 is down 19% compared to January.

Las Vegas Review Journal
October 16, 2020

The coronavirus pandemic continues to wreak havoc on the valley’s casino-heavy economy, but there are still “help wanted” signs to be found.

Casino.Org
October 5, 2020

Gross Gaming Revenue (GGR) in the locals’ casino region near Las Vegas jumped 10 percent in August compared to the month in 2019, according to recently released data.

Bankrate
October 5, 2020

The coronavirus contagion continues to take a toll on the economy — but the effects vary widely by state and region. In August, Nevada and Hawaii suffered the most from COVID-19, according to the Bankrate Housing Hardship Index.