Monthly Archives: February 2017

Las Vegas Casino Revenues Up Double Digits From Last January

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Our friends at Deutsche Bank have crunched the underlying gaming stats for January. They found that January revenues on the Las Vegas Strip were up 14.4% year over year, while off-strip locals saw a gain of 13% over the same period. They also have the breakdown for Strip games:   Strip Slots: Slot Revs +6.1%… Read more »

Nevada Well-Positioned to Weather Labor Force Dips

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As Baby Boomers exit the workforce, the nation will continue to see tightening in the labor market, defined as adults aged 20-64. By 2030 the Census projects the ratio of working-age adults to dip to 55.8% from 59.6% in 2015. However, an analysis from the Conference Board indicates that Nevada’s labor force will decline only… Read more »

Southern Nevada Home Prices And Sales Up in January

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The Greater Las Vegas Association of REALTORS® (GLVAR) reported Tuesday that Southern Nevada home prices rose in January. According to GLVAR, the median price of existing single-family homes sold during January through its Multiple Listing Service (MLS) increased to $238,000. That was up 1.3 percent from December and up 8.7 percent from $219,000 in January… Read more »