Monthly Archives: November 2014

Nevada Revenue from Gaming Up Over Last Year

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Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $913,643,061 for the month of October 2014, according to a Nevada Control Board press release.  The amounts to a 4.26% decrease compared to October 2013, when licensees reported a gaming win of $954,319,750. For the fiscal year (July 1, 2014 through October 31, 2014), gaming… Read more »

Public Policy Focus: Nevada’s Rainy Day Fund Needs Reform

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Publisher’s Note: In advance of the 2015 Nevada legislative session and in the interest of contributing to the state’s perennial tax-and-spend debate, Nevada by the Numbers is introducing a Public Policy Focus column this month. The intent is to spur and engage in an open, fact-based dialog on taxes, revenue, and related matters. Our inaugural… Read more »

Nevada Has Largest Share of Undocumented Immigrants

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The number of immigrants who are in Nevada illegally has declined, but Nevada still has the largest share of any state of unauthorized immigrants in its total population, according to a story in the Las Vegas Sun on a new report from the Pew Research Center. Findings: • 17.7% of Nevada K-12 students have at… Read more »

Southern Nevada Home Prices Dip Slightly Going Into the Holidays

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Numbers released today by the Greater Las Vegas Association of REALTORS® (GLVAR) show the median price of homes sold last month in Southern Nevada dipped slightly as fewer homes are selling each month. GLVAR reported the median price of single-family homes sold through its Multiple Listing Service (MLS) during October was $199,900. That’s down 1.3% from $202,500… Read more »

2014 Nevada Election by the Numbers

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Here at RCG Economics, we love numbers. Below are some from last night’s election at which to marvel: Governor Brian Sandoval was reelected with 70.49% of the vote. Lt. Gov. Mark Hutchison beat Democrat Lucy Flores by 141,030 votes or a margin of 28.8%. Flores earned only 33.64% of the total vote. (Note: Because Hutchison… Read more »

RCG Economics Releases Las Vegas Valley Quarterly Commercial and Industrial Real Estate Surveys

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As reported by the Las Vegas Review Journal, RCG Economics and UNLV’s Lied Institute for Real Estate Studies have released their quarterly commercial real estate survey showing that Southern Nevada’s commercial real estate markets continued to improve and that the industrial sector posted some of the biggest gains. Southern Nevada Industrial Real Estate Market, Vacancy Rate and… Read more »