economy

Projecting the future

A while back, some folks asked me what I thought the near-future held for Las Vegas gaming and tourism. After mulling over some of the LVCVA data for the past 40 years, I gave them six different scenarios. This might be nice for a wider audience, I thought. But, since I had a lot on […]

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life in vegas, news about gambling

Things are getting worse…

…but I see a silver lining. In fact, you could argue that things are getting a whole lot better. It’s just a matter of perspective. Specifically, we’re talking about July’s Nevada gaming revenues being down. From the LV Sun: For the seventh straight month, casino winnings on the Strip slumped, falling 14.6 percent in July

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news about gambling

The Economist on Vegas

Most everyone knows that gaming revenues have dipped a bit, but it’s not every day that the Economist covers Las Vegas, so here it is: THE media had a field day recently when Charles Barkley, a retired basketball player, was forced to pay a gambling debt of $400,000 owed to Wynn Resorts, a Las Vegas

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news about gambling

The economy and room rates

Hey, they’ve finally posted my latest piece in the Las Vegas Business Press. Here’s a taste: The economy, as the blurb that crawls across your television screen says, is bad. Really bad. And don’t you forget it. For those dealing in luxury goods and services, the perception of an economic decline is just as ruinous

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news about gambling

Either that’s a typo…

…or the Nevada budget situation is far more dire than we’ve been led to believe. From KLAS: Buckley said one of those areas needs to be prisons. The finance committee went ahead with plans to close the Jean prison, saving the state $11 dollars. It had been closed and reopened twice before. Las Vegas Now

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haphazard world, life in vegas