In The News: Office of Economic Development

KTNV-TV: ABC 13

Building new ideas to move Las Vegas forward. UNLV hosted the first competition where student teams pitched their business ideas.

Hospitalitynet

The number of visitors to Las Vegas exceeded 32.2 million in 2021, which was 10.7 million below the peak number of visitors in 2016. However, gaming revenue in Clark County in 2021 was $11.5 billion, which was approximately $600 million above the prior peak achieved in 2007. Occupied rooms in Las Vegas grew 70.7% in 2021, compared to 2020, from 21.2 million to 36.2 million; total occupancy for the year was 66.8%. Although the number of occupied rooms in 2021 was still 25.1% below that of 2019, ADR for the market in 2021 was a record-setting $137, and total RevPAR was $92. The impact of the COVID-19 pandemic on the Las Vegas economy has continued given the market’s reliance on visitation and conventions. Continuing development of numerous gaming, lodging, and entertainment venues enables the market to retain its status as a premier entertainment destination. This article examines the trends and market developments affecting the Las Vegas hospitality market.

Yogonet

Nevada’s Esports Technical Advisory Committee had its first meeting Tuesday, taking its first step toward moving Nevada further into the multimillion-dollar esports industry, debating best practices for its execution in the state.

Global Gaming Business Magazine

On February 22, the National Council of Legislators from Gaming States (NCLGS) announced a new collaboration with the University of Nevada, Las Vegas International Gaming Institute (IGI). Its goal is to further expand NCLGS programming, content, research and presentations at its 2022 and 2023 Summer and Winter annual meetings.

Yogonet

Technology has been changing the way society operates: from health to entertainment, going through education and even on financial terms, new tools such as artificial intelligence have begun taking over aspects of everyday life.

Yogonet

Technology has been changing the way society operates: from health to entertainment, going through education and even on financial terms, new tools such as artificial intelligence have begun taking over aspects of everyday life.

Focus Gaming News

Paul Newson, principal at Senet Advisory and IAGR patron, fills us in on the upcoming five-day education programme on gambling regulation, Regulating the Game.

NBC News

The Silver State took in an all-time high of $179.8 million in wagers on the NFL's title game between the Los Angeles Rams and the Cincinnati Bengals, leading to a healthy 8.6 percent profit.

El Tiempo

For more than 30 years, the fiery water show has wowed crowds along the Strip, free to anyone who walks by.

Las Vegas Review Journal

For more than 30 years, the fiery water show has entranced the masses along the Strip, free to anyone who might be passing by.

ExBulletin

The idea of ​​helping UNLV turn UNLV into a hotbed of hospitality innovation started making pizza with friends.

ExBulletin

The idea of ​​helping UNLV turn UNLV into a hotbed of hospitality innovation started making pizza with friends.