Casino gaming wins took a tumble in May, while Las Vegas saw an increase in tourism. Economic analysts say Las Vegas is on pace to eclipse the number of visitors who came to the city in 2007, which was the height of the economic boom and visitation. Yet unemployment remains stagnant and foreclosures have ticked up after months of decline. We talk with the director of University of Nevada, Las Vegas Center for Business and Economic Research about the key economic indicators to watch in the coming months.
Stephen Brown, Director, Center for Business and Economic Research, UNLV
And in the face of all these negative figures, we still don't have a visa waiver program for Chinese who would be so happy to come to Las Vegas and spend 10 or 20 billion dollars. And people are still lamenting the lack of diversity in the economy....We have to fight every other state and city in the country for that "diversification" and pay for it. Chinese tourists will pay us!! Their ONLY barrier is the US Government. ed uehling –Jul 16, 2012 09:18:21 AM