Nevada’s gaming industry is the biggest employer in Nevada and the most important sector in the state’s economy. In fiscal year 2018, the hospitality industry accounted for nearly 38.9 percent of the state’s total tax revenues and supported 450,100 jobs. While economic development agencies continue their efforts to diversify the Nevada economy, gaming will continue to be its … [Read more...] about Betting on Nevada
Features
Banking on NevadaA New Decade is Dawning
The economy and the banking industry mirror each other, and both are doing well in Nevada as the new decade begins. “We have one of the best economies in the country as measured by employment growth and in-migration, all those key metrics that we watch so closely, those are really strong right now. That generally means that the banking industry’s going to do … [Read more...] about Banking on Nevada
Industry FocusBuilders & Developers
Over the past decade, builders and developers in Nevada have seen a host of changes and have had to adapt to a difficult and quickly changing economic landscape. Leaders in this industry recently met at the Las Vegas offices of City National Bank to discuss the future of building and development in Nevada. Connie Brennan, publisher and CEO of Nevada Business … [Read more...] about Industry Focus
Office ProjectsFor a New Generation
The signals to office developers to develop are typically simple. Economic growth creates demand for office space, existing buildings begin to fill, rents rise and developers can make new projects pencil out. That’s happening, sort of, across Nevada these days. Vacancy rates in office buildings have fallen to about 12 percent in Las Vegas and about 11 percent in Reno, and … [Read more...] about Office Projects
Resolution Takes a Shot at ChristiansDNC Claims “Inclusivity” While Vilifying Religious Views
Last year the Democratic National Committee (DNC) released a resolution that purported to champion voters who were religiously unaffiliated. In reality, the asinine resolution, which passed unanimously at the DNC’s summer meeting, held unveiled contempt for voters of faith while attempting to hide that contempt in an unneccessary resolution. “Be it resolved that the … [Read more...] about Resolution Takes a Shot at Christians
Economic ForecastBuilding on Nevada’s Strong Economy
As Governor Steve Sisolak looks at the state’s strong economic performance at the dawn of a new decade, he sees it well-positioned to make investments that will create jobs and wealth for years to come. Top economists expect Nevada’s strong performance will continue into the New Year and that optimism, Sisolak says, creates an opportunity to address long-term economic … [Read more...] about Economic Forecast
From Seed to SaleNevada’s Cash Crop Cannabis Industry
Adult recreational use was legalized in 2017 after voters approved the 2016 Ballot Question 2, Initiative to Regulate and Tax Marijuana. On January 1, 2017, adults in Nevada could purchase up to one ounce of marijuana from legal dispensaries. The regulatory authority changed to the Nevada Department of Taxation under Chapter 453D of Nevada Revised Statutes (NRS). In August … [Read more...] about From Seed to Sale
Industry FocusHealthcare
Nevada’s healthcare system has seen a multitude of challenges in recent years including access to care, quality concerns, and doctor burnout, among others. Leaders in healthcare are working hard to address a multitude of issues within the industry. Recently, some of the state’s most prominent leaders met at the Las Vegas offices of City National Bank to discuss those challenges … [Read more...] about Industry Focus
Stable and SustainableNevada’s Residential Market
Nevada’s residential housing should be stabilized and sustainable throughout 2020. Despite a relative lack of inventory and as potential homebuyers continue to flock to northern and southern Nevada alike, multiple Nevada real estate executives said they believe the housing market will settle into a groove. “For the first time in 13, 14 years, I can use the words stable … [Read more...] about Stable and Sustainable
Legal Aid Center of Southern NevadaPro Bono Heroes 2019
In recognition of their hard work, dedication and ongoing commitment to helping the underserved in the Southern Nevada community, the following pages recognize attorneys who have given their time. The staff and leadership at Legal Aid Center humbly thank these attorneys for ensuring access to justice is provided for people who have nowhere else to turn. Click to View in a … [Read more...] about Legal Aid Center of Southern Nevada
A Sanctuary StateEnforcing the Law in Nevada
In October, the Las Vegas police department announced that they were ending an agreement with the U.S. Immigration and Customs Enforcement (ICE) to notify the agency of undocumented immigrants. Moving forward, they’ll only inform ICE of the detainment of these individuals in the case of violent crimes. This move expands the sheriff department’s established direction in December … [Read more...] about A Sanctuary State
Coming Up…Multiple Generations in the Workplace
Nevada businesses are operating in a unique era. People are living longer, healthier lives, and therefore they’re not leaving the workforce as soon as they once did. As a result, there are currently four generations working together, bringing unique strengths to the workplace, as well as new challenges. In some ways, people working together are simply people working … [Read more...] about Coming Up…
Credit UnionsCommunity Banking
As banks continue to consolidate and grow as national corporations, credit unions likewise continue to provide financial connections to local communities. Clark County Credit Union President and CEO Matt Kershaw said the philosophy of “people helping people” has propelled state-charted credit unions to be the largest group of locally-owned financial institutions in Nevada. … [Read more...] about Credit Unions
Industry FocusAttorneys
Representing Nevadans in everything from property disputes to succession planning, attorneys are at the center of major deals throughout the state. They play an integral part of any successful business and, like many others, their industry has undergone changes in recent years. Recently, leaders in the legal industry met at the Las Vegas offices of City National … [Read more...] about Industry Focus
Strategic PlaysGolf Course Communities Widen Amenities
A successful luxury golf course community these days really isn’t about the golf, explained Rich MacDonald. Instead, the owner of DragonRidge Country Club in Henderson said the golf communities that thrive are those that deliver opportunities for strong social connections — times for members to mingle over a glass of wine, share a laugh over a good dinner, stretch during a … [Read more...] about Strategic Plays