Monthly Archives: April 2016

Nevada Gaming Revenue Down 3% in March

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Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $922,272,002 for the month of March 2016, according to the latest figures from the Nevada Gaming Control Board. This amounts to a 3.04% decrease compared to March 2015. Gaming win for the fiscal year (July 1, 2015 through March 31, 2016) is up 1% over… Read more »

Affordable Housing Is Driving Las Vegas Growth

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We have long known that the U.S. population has been shifting from the Midwest to the Sun Belt. Las Vegas has been a top beneficiary of this trend, regaining a position in the top 10 fastest growing metro areas after a drop off due to the recession. A look at new Census data by Pew finds… Read more »

Las Vegas Home Prices Rise 7.3% As Supply Tightens

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Southern Nevada’s housing supply remained tight, while local home prices and sales increased in March compared to one year ago, the Greater Las Vegas Association of REALTORS® (GLVAR) reported Wednesday. The median price of existing single-family homes sold in Southern Nevada during March through its Multiple Listing Service (MLS) was $220,000. That was up 7.3… Read more »

Nevada Beats Out Most States On Federal Regulatory Burdens

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A new report from the Mercatus Center ranks Nevada among the best states in the U.S. for the impact of federal regulations on the state’s economy.  Although federal mandates apply in the same way in all states, each state’s economy includes a unique mix of industries. As a result, federal policies that target specific sectors… Read more »