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Hubble Smith Gaming Guru - Page 6Nevada Defies Jobless Trend9 August 2004
, Hubble Smith and John G. Edwards
Many Las Vegas employers, defying national trends as they have since the recent recession started four years ago, were adding jobs in July.
Keith Schwer, director of the Center for Business and Economic Research, said job growth in Nevada was about 4 percent in July, although final employment numbers will not be released by the state until Aug. ... (read more)
Development: CEO Ready for Bigger Enterprise Near Palms6 August 2004
Chris DelGuidice is still wading through permitting issues for his 880-unit Vegas Grand condominium off Flamingo Road at Swenson Avenue, but he's already making plans for an even larger project next to the Palms.
The chief executive officer of Orlando, Fla.-based Del American said Thursday he ... (read more)
Schwarzenegger Comes Calling5 August 2004
California Gov. Arnold Schwarzenegger spread his message Wednesday about the revival of his state's economy, but the crowd that lined the runway and second floor at Fashion Show mall seemed more interested in the show than the substance.
"What a great comeback story for California," said ... (read more)
Las Vegas Businesses Report They're Planning to Add Jobs16 June 2004
Las Vegas area employers expect to hire at a healthy pace during the third quarter, with 30 percent of them saying they plan to increase their work force, a local employment firm reported Tuesday.
Sixty-three percent expect to maintain their current staffing levels and 7 percent are not certain about hiring plans, Manpower's Employment Outlook Survey shows. ... (read more)
Strength Seen for Local Economy, Economist Forecasts 8.8 Percent Jump in '04 Gaming Revenue15 June 2004
Larger-than-expected growth in Southern Nevada's gaming revenue and visitor volume suggests the economic expansion will continue through the next 18 months, a local economist said Monday.
Gross gaming revenue is forecast to grow by 8.8 percent this year to $8.5 billion and by another 5 percent in ... (read more)
Strip Getting a Slice of the Island25 May 2004
The Strip will add 80,000 square feet of retail space with today's opening of Hawaiian Marketplace, a $175 million island-style shopping plaza with retail, entertainment and dining options in front of Polo Towers.
Modeled after the International Marketplace in Honolulu, the Las Vegas version ... (read more)
Mandalay Reaches Out to Minority Businesses13 May 2004
LAS VEGAS -- Mandalay Resort Group is working with three local ethnic chambers of commerce to
diversify the gaming company's employment, purchasing and contracting, an executive
said Wednesday.
Mandalay has given $125,000 to the Urban Chamber, Latin Chamber and Asian Chamber as
part of an ongoing ... (read more)
Southern Nevada Economy: Through the Roof3 May 2004
Along with interest rates and land prices, a sharp rise in building material costs could slow construction activity in Southern Nevada over the next few months, industry experts said.
Some commercial projects are already being placed on hold and others are being pushed over budget by steel and lumber costs that have nearly doubled from last year. ... (read more)
Official Calls Las Vegas 'Geographic Magnet28 April 2004
The valley's growing population is going to set the trend for emerging business opportunities in Las Vegas and foreign-born immigrants represent the largest segment of that growth, a demographic researcher said Tuesday.
Las Vegas has experienced phenomenal growth over the years, especially the ... (read more)
Cost of Living: Growth and Consequences19 April 2004
The cost of living in Las Vegas usually goes up every time you step into a casino, but historically, it's been relatively low compared with other U.S. cities.
Part of the lure bringing 7,000 new residents to Las Vegas every month is a perception that it's cheaper to live here, especially when ... (read more)
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