In half a decade, Nevada has racked up nearly all the infinity stones of professional sports: once the Las Vegas A’s stadium opens for the season, the state will be home to both minor and major league baseball, the NFL, NHL, and WNBA. How did this rapid growth happen, and what does it mean for Nevada locals and calls to diversify the state’s economy? Culture of Hospitality … [Read more...] about How the New(ish) Sports Industry is Shaping Nevada
Steve Hill
Industry FocusSports
Professional sports have had a tremendous impact on Nevada in a short time. The industry has shifted the economy, created thousands of jobs and enhanced tourism, not to mention the impact to the community at large. In essence, Nevada has leveled up. Once known as simply the entertainment capital of the world, the Silver State can now proudly add sport’s capital of the world to … [Read more...] about Industry Focus
Welcome to the ShowConventions, Conventioneers, and Convention Space in Nevada
Conventions, conferences, corporate meetings, trade shows - every region wants them. The convention industry, which in Nevada includes sport groups, creates a baseline of rooms occupied not just on weekends when leisure travelers are visiting, but during the week. Las Vegas gets more than six million convention and trade show visitors annually. They're the reason hotels are … [Read more...] about Welcome to the Show
Industry FocusSports
Once known only for its bright lights, quickie marriages and even quicker divorces, Nevada has evolved to a professional sport mecca. The sport’s market, particularly in southern Nevada now boasts three major league professional sports teams with rumors of an NBA team on the horizon. However, adding a robust sports industry to Nevada’s resume has not been without its … [Read more...] about Industry Focus
Game OnSports’ Impact on Nevada’s Economy
“Las Vegas has already earned the title of 'Entertainment Capital of the World', with a brand and narrative around the globe. Now we really have the substance to say we’re the 'Sports and Entertainment Capital of the World',” said Kerry Bubolz, president and COO of the Vegas Golden Knights. The 2023 Stanley Cup champion hockey team is one of three major league sports teams … [Read more...] about Game On
Entertainment VenuesAdding Hosting to Tourism
For much of Nevada’s history, the state has been a tourist destination. From the time Virginia City was an internationally known hot spot to the modern global sensation that is Las Vegas, visitors have flocked to the Silver State to take in its entertainment. Now, as the COVID-19 pandemic relinquishes its squeeze on tourism across the globe, Nevada’s prime economic driver is … [Read more...] about Entertainment Venues
Meet You in NevadaReopening to Visitors Far and Wide
For the first time since the pandemic quarantine, Nevada’s visitor volume was more than 4 million in June, said Brenda Scolari, director, Nevada Tourism & Cultural Affairs, TravelNevada. “Even though that’s 16 percent below comparable in the same month in 2019, we have had visitation growth steadily improving month to month.” Visitor numbers reflect tourism trends … [Read more...] about Meet You in Nevada
Lights Out, Doors LockedNevada’s Tourism Industry Rides Out the Coronavirus Pandemic
Early morning on March 17, Nevada casinos locked their doors. Sandra Morgan, Nevada Gaming Control Board chair, has lived in Nevada since she was a year old. She grew up around the tourism industry. “My mother worked in the hospitality industry,” she explained. “When you think about the closure, and the fact they never had to lock the doors because the doors were … [Read more...] about Lights Out, Doors Locked
2019 Economic Forecast for NevadaUpward Trends
According to experts, the outlook for Nevada’s economy this year is positive and projected to fare at least as well as it did, or perhaps even better, in 2018. However, one or more known or unknown wild cards could have a dampening effect. Some of the indicators that support the forecast in Southern Nevada include strong employment and population growth, robust consumer … [Read more...] about 2019 Economic Forecast for Nevada
Something for Everyone: Tourism in Nevada
Nevada is still finding its place in the modern tourism world, but that isn’t hurting tourism numbers. Fiscal year 2018 was a turbulent year for tourism, in Las Vegas especially, but the year still set records and showed no signs of slowing down. Statewide, shifting consumer interests and demands and diversifying economies are helping drive continued strong tourism … [Read more...] about Something for Everyone: Tourism in Nevada
The Full Focus: Economic Development in Nevada
In 2012, The Silver State released “Moving Nevada Forward: A Plan for Excellence in Economic Development,” a three-year roadmap for continuing to advance from post-recession doldrums and a 12 percent unemployment rate toward “a vibrant, innovative statewide economy,” Gov. Brian Sandoval wrote in the document. Since the plan was released, Nevada’s leadership and … [Read more...] about The Full Focus: Economic Development in Nevada
Game Changers: Economic Development in Nevada
Nothing paints a clearer picture of the results of economic development than the Silver State. Nevada has transitioned from a state with the highest unemployment rates in the country to a state welcoming Tesla to its economy, breaking ground on a 12,000-home master planned community, launching one of the first-of-its-kind interactive medical communities with Union Village and … [Read more...] about Game Changers: Economic Development in Nevada
A Future of Change: Economic Development
Nevada, because of its narrow focus on three industries, was devastated by the recession and eventually led the nation in foreclosures and unemployment. As both the director of the Governor’s Office of Economic Development (GOED) and a resident of Nevada, Steve Hill believes there is a rising wave of economic development diversifying an outdated and vulnerable economy built on … [Read more...] about A Future of Change: Economic Development
Industry Focus: Education
From kindergarten to college graduation, Nevada’s education system has overcome a multitude of hurdles in recent years. Even so, the system still has a long way to go. Coming together to discuss issues Nevada faces in regards to education, a combination of business leaders, economic development resources and leaders in education recently met at the Las Vegas offices of Cox … [Read more...] about Industry Focus: Education
Catalyst Fund Approval will Create Hundreds of Jobs
The Nevada Governor’s Office of Economic Development (GOED) Board recently announced the approval of three Catalyst Fund applications for companies seeking to open operations in Nevada. This approval will create hundreds of jobs. The companies receiving approval are SolarCity, Cristek Interconnects Inc., and Nicholas & Co. Inc. “I am pleased by the approval today of … [Read more...] about Catalyst Fund Approval will Create Hundreds of Jobs