With convention attendance about double what it was a year ago, the city appears to have turned the corner on visitation with 3.5 million people here in July.
Richard N. Velotta
Assistant Business Editor
Email: rvelotta@reviewjournal.com
Phone: (702) 477-3893
X: @RickVelotta
Richard N. “Rick” Velotta has covered business, the gaming industry, tourism, transportation and aviation in Las Vegas for 25 years. A former reporter and editor with the Las Vegas Sun, the Ogden (Utah) Standard-Examiner, the Arizona Daily Sun in Flagstaff and the Aurora (Colo.) Sun, Velotta is a graduate of Northern Arizona University where he won the school’s top journalism honor. He became the Review-Journal's assistant business editor in September 2018.
While gaming win from the state’s 434 casinos was down 3.2 percent from July 2021, the state still had the fourth-best month in history by taking in $1.36 billion.
The Greater Las Vegas Short Term Rental Association filed a lawsuit earlier this month against the state and Clark County on being allowed to rent their properties.
In a unanimous vote, the Nevada Gaming Commission placed Las Vegan Kendrick Laronte Weatherspoon on the state’s list of excluded persons for his violence to women.
A FanDuel-branded sportsbook will be operated in Boyd Gaming Corp.’s Fremont casino in downtown Las Vegas later this year after a unanimous vote by the Gaming Commission.
The sale of the Rocky Gap Casino Resort in Flintstone, Maryland, for $260 million will enable Golden to bolster the company’s operations in Nevada and Montana.
The inclusion of Kendrick Laronte Weatherspoon on Nevada’s List of Excluded Persons would be the first entrant not to have cheated at gambling or be associated with organized crime.
The 100,000-square-foot Sky River Casino, with 2,000 slot machines and 80 table games, opened just after midnight Tuesday with a short Facebook post.
Aviation consultants say the number of seats coming into Reid International Airport could lead to record tourism numbers and there’s room for more international growth.
There’s no timeline for a spinoff company to be formed, and the Sphere, less than a year from completion, has a new construction cost estimate that has climbed to $2B.
Although the shortage of water could someday be a limiting factor, two gaming experts addressing NAIOP say Strip growth opportunities keep them bullish on what’s ahead.
The Las Vegas-based air carrier also announced special introductory one-way fares for the route.
Top executives received annual salary increases totaling $55,475 and one-time bonuses totaling $287,469 for their work leading the Las Vegas tourism rebound in 2021-22.
Encore Boston Harbor reported a 66 percent share of gaming revenue collected in Massachusetts in July, beating MGM Springfield and Plainridge Park Casino.
Las Vegas could emerge as top gaming market in the world with strong gaming revenue results while Macao is suffering through declines.
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