Tag: Economy
AGA survey indicates concern about growth in next three-to-six months
Gaming industry leaders continue to view the current business climate as mostly positive, albeit with some minor concerns for the near... more
In Northern Nevada, Sparks casinos prosper despite ownership changes and new competition
Roughly 15 minutes before the popular Mexican restaurant Pancho & Willie’s opened inside the Western Village Casino in Sparks,... more
New Hard Rock Casino in northern Illinois is a boost for local businesses
With thousands of people in and around the Rockford region all in on the city’s permanent Hard Rock Casino, area establishments also see... more
Macau, the casino capital of the world, wants to bet on a different economic future before it goes bust
Giselle Lei isn’t old enough to step inside a casino, but casinos have always been part of her life. “My whole childhood is... more
Analyst: Fed rate cut, presidential election expected to impact Las Vegas locals casinos
A Wall Street analyst considers Wednesday’s interest rate cut by the Federal Reserve, the first in four years, will be beneficial to... more
Idaho: Study shows tribes have nearly $1.5B economic impact
The five Native American tribes in Idaho have a combined economic impact of $1.45 billion, according to a study by a University of Idaho... more
Nevada jobless rate rises, boosted by hotel-casino closure
Nevada’s unemployment rate ticked up slightly in July, with changes largely coming from the hospitality sector, state economists said... more
Las Vegas touts $1.5B Formula One impact, but reality is complicated
At face value, it seems Formula One’s inaugural Las Vegas Grand Prix last November was a resounding success. F1 announced the race... more
Pennsylvania: How Centre County’s proposed casino may impact local economy
The state Supreme Court last week issued a ruling that could clear the way for a new casino in Centre County. Among the questions now is... more
More affluent visitors finding their way to Vegas — and staying
Not only are tourists flocking to Las Vegas at greater than pre-pandemic levels, but more affluent visitors are filling hotel rooms, a new... more