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Business
July 5, 2021
Nevada: Business on the Rise, COVID-19 Cases Increase
Nevada has gradually lifted COVID-related restrictions. This led to an increase in business volumes and gambling venues have even recorded higher revenue this May when compared to May 2019. However, with business picking up, recently, COVID-19 cases have increased, as well. Nevada on the Way to Economic Recovery Last month, a report released by UNLV’s […]
Casino
July 1, 2021
Nevada Casinos Set Records in May as Post-COVID-19 Travel Picks Up
In May, about 2.87 million people visited Las Vegas, a 12% increase compared to April. However, this is still about 22% less than the same period of 2019, according to the Las Vegas Convention and Visitors Authority. A large part of the difference comes from the lack of convention visitors, which in May 2019 made […]
Casino
June 25, 2021
Nevada Gaming Commission Lauds Casino Recovery Efforts
The Las Vegas gambling scene is beginning to experience new signs of life following the global COVID-19 pandemic. Las Vegas Casinos Say They Are Doing Well As They Rebound On Thursday, two Las Vegas casinos told the Nevada Gaming Commission (NGC) that they are doing well after the industry rebound from the pandemic. That’s a […]
Industry
June 25, 2021
Las Vegas Is on Its Way to Economic Recovery, Says New Study
A new study by the UNLV Center for Business and Economic Research suggests that gambling revenue and visitor volume in Las Vegas will increase gradually until the end of this year. According to the study, the positive trend will continue in 2022. Las Vegas Rebound Starts This Year, Says Recent Study Last year, the global […]
Casino
June 25, 2021
Resorts World Las Vegas Set to Usher New Era of Hospitality
The first casino resort built on Las Vegas Strip for more than a decade, Resorts World Las Vegas, opened doors to the public Thursday by a first-look party in the evening for invited guests. Exceptional Amenities The star-studded party officiated by Genting CEO and Chairman K.T. Lim and Resorts World Las Vegas President Scott Sibella, […]
Industry
June 24, 2021
Nevada Unemployment Drops as Casinos Recover, but Still at Unhealthy Level
Nevada is now open for business, with COVID-19 restrictions lifted and casino and hospitality businesses dusting off the furniture. Across the state, things are slowly returning to normal as everyone exits the pandemic chaos, but a number of Nevada’s casinos are still closed. Some are waiting for the right time to reopen; others will never […]
Casino
June 21, 2021
A Small Plot on the Las Vegas Strip Sells for $80 Million
Brett Torino, a Las Vegas developer, has bought a small plot in CityCenter, $80 million, and plans to build a retail complex. Brett Torino Buys a Small Plot on the Strip for $80 Million Las Vegas developer Brett Torino started talks to buy a site on the Las Vegas Strip a year ago. Now he has a […]
Casino
June 17, 2021
Nevada’s Gaming Scene Only Partially on the Rebound as Some Casinos Still Closed
Nevada may never be the same following the COVID-19 pandemic. After suffering months of zero or near-zero revenue amid tight health restrictions, the state began fully returning to normal at the beginning of this month. However, a number of long-time gambling properties remain shuttered as their owners determine what’s next. Some are likely to try […]
Business
June 14, 2021
Vegas Nightlife Gets More Colorful With Cannabis Lounges
Cannabis lounges are going to be the newest entertainment arriving in Las Vegas, Nevada soon. A new bill introduced by Assemblyman Steve Yeager proposes the establishment of licensed cannabis lounges which will allow on-site consumption of cannabis and cannabis edibles. A Bill Proposes the Creation of Licensed Cannabis Lounges Cannabis was legalized in Nevada back […]
Casino
June 11, 2021
Industry Analysts Bullish on Caesars Entertainment and MGM Resorts As Vegas Recovery Gains Steam
Casino operators in the US are close to partying like it’s 2019, but they’re not there quite yet. Revenue levels are rebounding following a disastrous 2020 caused by COVID-19 and recovery is coming quicker than what was previously expected. Soon, casino operators could find their revenue matching that of 2019, and industry analysts believe that […]