Nevada’s gaming industry is the biggest employer in Nevada and the most important sector in the state’s economy. In fiscal year 2018, the hospitality industry accounted for nearly 38.9 percent of the state’s total tax revenues and supported 450,100 jobs. While economic development agencies continue their efforts to diversify the Nevada economy, gaming will continue to be its … [Read more...] about Betting on Nevada
MGM Resorts International
Minority Owned Businesses in NevadaLeveling the Playing Field
Nevada is open for business. The state is considered business friendly, and that goes for international corporations and small minority owned businesses equally. “With my business, one of the things I observed is that Nevada is truly open for business, whether you are a minority or any other ethnic type of individual doesn’t make any difference,” said Bob Daniel, owner, … [Read more...] about Minority Owned Businesses in Nevada
Iconic Women of Distinction Awards 2018
An Iconic History NAWBO Southern Nevada The mission of the National Association of Women Business Owners (NAWBO) Southern Nevada is to educate, empower and promote women business owners to experience success in all economic, political and social arenas. The organization provides informative and success driven monthly meetings which include time devoted to networking with other … [Read more...] about Iconic Women of Distinction Awards 2018
B&P Hires Sarah Reed as Production Artist
LAS VEGAS – B&P Advertising, Media and Public Relations has hired Sarah Reed as a production artist for its creative division. “Sarah brings to our team a wealth of experience and cutting-edge skills that demonstrate the excellence we pride ourselves in providing to all our clients,” B&P President Chuck Johnston said. Johnston also noted her success at other … [Read more...] about B&P Hires Sarah Reed as Production Artist
Krista Gilbertson Joins Public Relations & Public Affairs Firm, The Ferraro Group
LAS VEGAS – The Ferraro Group, a public relations and public affairs firm with offices in Las Vegas, Reno, Carson City and Phoenix, recently hired Krista Gilbertson as a Senior Account Executive. In her new position, Gilbertson’s responsibilities will include overseeing public relations activities, creating strategic public relations plans, and developing and overseeing … [Read more...] about Krista Gilbertson Joins Public Relations & Public Affairs Firm, The Ferraro Group
Keep on the Sunny Side: Power Poll 2016
Optimism is in the air as 2016 ramps up and that positivity is making its way through Nevada’s business community as executives and business owners continue to see improvements. The year started with some big announcements for economic diversification in the state, including projects moving into Southern Nevada’s Apex and continued optimism in the north with new businesses … [Read more...] about Keep on the Sunny Side: Power Poll 2016
Economic Forecast 2016: Increasing Stability and Growth
According to analysts, Nevada’s economy will continue to show improvement in 2016, but with a few new wrinkles thrown in. Rising wages will mean more disposable income, which in turn boosts consumer spending. Job creation, described as the single best indicator of economic growth, is expected to add more than 52,000 workers to company payrolls this year, according to the Nevada … [Read more...] about Economic Forecast 2016: Increasing Stability and Growth
Prominent Business and Policy Leaders Join WGU Nevada Advisory Board
Prominent Business and Policy Leaders Join WGU Nevada Advisory Board Nonprofit, online university appoints eight key Nevada leaders to board Las Vegas / Reno, Nev. – WGU Nevada Chancellor Dr. Spencer Stewart announced this week that eight prominent business, education, policy, and healthcare leaders have joined the governor-supported, nonprofit university’s Advisory … [Read more...] about Prominent Business and Policy Leaders Join WGU Nevada Advisory Board
On the Rise: Commercial Building Rebounds
For the first time since 2007, when the recession decimated their industry, commercial builders in Nevada believe the industry is finally snapping back. “The recovery is slower than anybody wanted it to be, but the good news is that it is recovering,” says Ray Sedey, executive vice president of McCarthy Building Companies in Las Vegas. “Construction is recovering, but we’re … [Read more...] about On the Rise: Commercial Building Rebounds
Nevada’s Tourism Industry: Going Strong
Nevada’s tourism industry, like several other industries in the state, has experienced a recent uptick in business. For example, just last month, the Reno-Sparks Convention and Visitors Authority (RSCVA) beat out Tampa, Phoenix and San Juan, Puerto Rico, to book the rare 18,000-room American Legion national convention for 2020. Additionally, developers began work on Resorts … [Read more...] about Nevada’s Tourism Industry: Going Strong
Luxor Hotel and Casino Director of Hotel Operations Delivers Keynote Graduation Speech
LAS VEGAS – Chris Walker, director of hotel operations at the Luxor Hotel and Casino, delivered the keynote speech for students graduating The International School of Hospitality (TISOH) this month. “TISOH has given you the tools,” Walker told the spring graduating class. “Where you go from here is up to you.” He said one of the most important lessons he learned at The … [Read more...] about Luxor Hotel and Casino Director of Hotel Operations Delivers Keynote Graduation Speech
Red Report: April 2015
E Project, Other ADDRESS SW Corner of Sahara Ave. & Las Vegas Blvd., 89104 CONTRACTOR OF RECORD Martin-Harris Construction DETAILS Construction is underway on MGM Resorts International’s open-air music venue. The entertainment complex will have a 2,700 SF administration and storage building, 23.3 acres for the main festival area, 7.7 acres for transportation pick-up and … [Read more...] about Red Report: April 2015
More Than 2,600 Acres of Land Sales in 2014 Demonstrate Growth for Southern Nevada
LAS VEGAS – The land market in Southern Nevada continues to recover, as evidenced by the fourth quarterly market report of 2014 from Colliers International – Las Vegas. During the past 12 months, the market witnessed the sale of more than 2,600 acres of industrial, commercial and residential land, accounting for more than $700 million in sales volume. According to experts at … [Read more...] about More Than 2,600 Acres of Land Sales in 2014 Demonstrate Growth for Southern Nevada
Philanthropic Minds Unite at the Fourth Annual Philanthropy Leaders Summit
LAS VEGAS – An annual gathering of philanthropy leaders will shed insight on the best practices, trends and current strategies making an impact on the local and national philanthropic landscape. The Fourth Annual Philanthropy Leaders Summit, founded and led by Moonridge Group, will be held at Las Vegas City Hall on Feb. 6 and will educate, inspire and provide valuable knowledge … [Read more...] about Philanthropic Minds Unite at the Fourth Annual Philanthropy Leaders Summit
Economic Forecast: 2015 Preview
Economists and industry analysts can, and will, argue over whether an economic recovery is as strong as numbers seem to indicate. However, they do agree the numbers show Nevada’s economy is on track to strengthen and add more jobs in 2015 because many of the impediments to faster growth have subsided. The unemployment rate has dropped to its lowest level in more than five … [Read more...] about Economic Forecast: 2015 Preview
Groundbreaking for Downtown Las Vegas Clinic; Wells Fargo Invests in Southern Nevada; Home Prices Holding Steady
Volunteers in Medicine of Southern Nevada Hosts Groundbreaking Event for Clinic in Downtown Las Vegas Groundbreaking ceremony for VMSN’s new downtown Las Vegas clinic. Members of the community are invited to attend and receive information about the project. [Read more...] Wells Fargo Invests in Southern Nevada through Las Vegas Global Economic Alliance's 'Engage Southern … [Read more...] about Groundbreaking for Downtown Las Vegas Clinic; Wells Fargo Invests in Southern Nevada; Home Prices Holding Steady
Organ Donation on the Rise in Nevada
Nevada Donor Network (NDN) saw its second consecutive record-breaking year in "all apsects" of organ donation, according to a recent statement. NDN received donations from 104 organ donors, 373 tissue donors and 632 cornea donors - totaling a 96% increase compared to 2011. “These significant increases are a testament to the heroism of our courageous donors and their … [Read more...] about Organ Donation on the Rise in Nevada
Nevada Real Estate & Development Report: May 2014
E Project, Industrial ADDRESS 400 S. Seventh St., 89101 DETAILS The Korte Company completed the Robert T. Eglet Advocacy Center in Downtown Las Vegas. The $17.5 million three-story building covers 96,875 SF with office space occupying a little over 47,600 SF. The architect for the project was Design Cell Architecture. H Sale, Industrial ADDRESS 1175 Center Point Dr., … [Read more...] about Nevada Real Estate & Development Report: May 2014
Why Government Shouldn’t Pick Winners and Losers: City Council Considering Plan to Subsidize Private Arena Developer
Imagine watching an NBA game. With the Los Angeles Lakers leading the Boston Celtics 95 to 82 in the fourth quarter, the referees stop the game and award the Celtics 15 of the Lakers’ points and make the score 97 to 80 with the Celtics now leading. That would be outrageous and unjust, wouldn’t it? The Lakers earned their points, and it would be wrong for the … [Read more...] about Why Government Shouldn’t Pick Winners and Losers: City Council Considering Plan to Subsidize Private Arena Developer
Nevada Real Estate & Development Report: January 2014
New Year - New Format The ReD Report has a new, easier to read format. Commercial real estate professionals throughout the state have requested the report be categorized in market areas, as opposed to zip codes. The color-coded areas correspond to the map below and each deal is presented in a more concise manner. We appreciate all the brokers who continue to send us their … [Read more...] about Nevada Real Estate & Development Report: January 2014