May 24, 2017 | Las Vegas Review-Journal | Nicole Raz
Las Vegas has come a long way since the peak of the great recession.
Now, the city will be tested again.
“We are going to be judged (going forward) not by our ability to survive a recession, but on our ability to sustain our prosperity,” Jeremy Aguero, a principal at Las Vegas-based Applied Analysis told a crowd of about 525 business and area leaders Wednesday.
May 24, 2017 | Las Vegas Sun | Ric Anderson
Don’t worry, Las Vegas isn’t racing toward another economic cliff.
So said analyst Jeremy Aguero this morning to business, community and government leaders at the Las Vegas Global Economic Alliance’s Perspective event, an annual assessment of the local economy and forecast for the coming year.
May 16, 2017 | Las Vegas Review-Journal | Richard N. Velotta
Negotiators with the Oakland Raiders and the Las Vegas Stadium Authority wrapped up a series of lease agreement talks Tuesday that are expected to lead to a vote Thursday in advance of next week’s NFL owners meetings in Chicago.
Jeremy Aguero, principal for Las Vegas-based Applied Analysis, which serves as the authority staff, said late Tuesday that the finishing touches of the deal involved implementation of language from several sources into the document.
“It’s down to the minutiae, and we’ve been trading language from the NFL, Clark County, representatives of the Raiders’ lenders and from the members of the authority board,” Aguero said.
May 15, 2017 | Totally Gaming |
The global gaming supplier industry generates a total economic impact of $47.5 billion and supports more than 212,000 employees, according to a comprehensive report released last week by the Association of Gaming Equipment Manufacturers (AGEM).
Led by large slot companies, the report reveals that, in addition to the total impact of $47.5 billion, the gaming industry has a direct economic impact of $17.9 billion, paying a total of $14.2 billion in wages to 55,000 direct employees.
The report – titled Industry Impact Analysis: Global Gaming Supplier 2017 – was the result of an independent study commissioned by AGEM and conducted by Las Vegas-based research firm, Applied Analysis.
May 10, 2017 | Las Vegas Sun | Adam Candee
Lease negotiations between the Raiders and the Las Vegas Stadium Authority have intensified in the past few days as NFL owners set a soft deadline of May 23 for approving the document.
League owners will gather in Chicago on that date for spring meetings, and they want to bless the Raiders lease because they will not gather again until fall. Authority board chairman Steve Hill confirmed the NFL’s request to approve the lease in May.
“We’re going to do what we can to get the lease basically in final form by then, if it’s possible,” Hill said. “We told the Raiders we’ll do everything we can to make that happen.”
May 09, 2017 | Las Vegas Sun | Thomas Moore
Southern Nevada’s governments would have been $2.1 billion poorer if no tourists had come to Las Vegas in 2016.
That was the lead nugget from a presentation on the impact of tourism on public revenue conducted by Jeremy Aguero, a principal for Applied Analysis, at the Las Vegas Convention and Visitors Authority board on Tuesday.
May 04, 2017 | Vegas Inc | Adam Candee
The lack of available homes, which drives up sales prices in Southern Nevada, continues to have an effect on the local rental market as well.
The average monthly rent for a family-sized home in the Las Vegas Valley climbed to $1,328 per month in the first quarter of 2017, according to a report compiled by RentRange. That’s a jump of more than 3 percent over the same period from last year for a three-bedroom, single-family home. Nationally, the average rent moved up 2 percent to $1,379 per month.
May 03, 2017 | USA Today | Brent Schrotenboer
The new NFL stadium in Las Vegas doesn’t yet have a name and isn’t expected to open until 2020. But when it does, at least one nickname certainly will apply: The House That Gambling Built.
The $1.9 billion project never would have made it through the state legislature – or attracted the Oakland Raiders – without the support of the gambling industry, according to experts and the legislative record.
“The industry has been instrumental in the project,” said Jeremy Aguero, an analyst who works for the Las Vegas Stadium Authority, the stadium’s landlord.
May 01, 2017 | Las Vegas Review-Journal | Richard N. Velotta
The Oakland Raiders have closed on the purchase of 62 acres west of the Mandalay Bay resort, clearing a hurdle in the team’s bid to relocate to Las Vegas and build a stadium in time for the 2020 NFL season.
The purchase price disclosed in documents posted Monday morning on the Clark County Recorder’s Office website is $77.5 million. Early estimates projected that the Raiders would spend $100 million for stadium land.
May 01, 2017 | Las Vegas Business Press | Buck Wargo
Charitable giving by companies and individuals is up in Southern Nevada and credit goes not only to the recovery of the economy but the small-community feel that permeates Las Vegas compared to some larger cities, according to a high-wealth executive at Nevada State Bank.
Charitable giving by individuals in Nevada reached an all-time high in 2014, the latest Internal Revenue Service data available, according to a High Net Worth report compiled by research firm Applied Analysis on behalf of the Private Bank by Nevada State Bank.