We Have Lyft Off

Reno sees the future. It’s not casinos.
We have Lyft off at McCarran.
MGM to re-org.
Credit Suisse found by judge to inflate Lake Las Vegas appraisal.
Las Vegans pay for bad habits in more ways than one.
Gas prices in Nevada still higher than rest of the nation.
The best of Las Vegas from cheatsheet.com.
Nevada led the U.S. in education growth from 2003-2013 when adjusted for demographics.
state

Source:  www.urban.org

Las Vegas a literary destination?
School voucher application distribution.
Ice skating at the Cosmopolitan.
Chic restaurant Zuma to open at Cosmopolitan.
Las Vegas doctor announces new Launching Las Vegas Award.
See how insanely big Burning Man is, and how it disappears, in one photo.
Tesla CEO says Nevada plant will produce first batteries in ’16.

Short Sales Stats, Financial Literacy Map, Gas Price Graphs

This week’s Nevada items of note include all of the above plus the biggest flops in Las Vegas history, the highest-earning independent restaurants, and a push to make medical tourism and wellness vacations to the mix.
Las Vegas and Reno top Calculated Risk’s chart of short sales stats:
Distressed

Source:  Calculated Risk

Top ten independent restaurants in Vegas.
Fun Vegas food facts.
Gas prices are inching down:
gas

Source:  AAA (numbers updated as of 10/22/15)

Tom Jones, Elvis and Sinatra considered building a Las Vegas hotel together.
The five biggest flops in Las Vegas’ history.
Bringing down the Riviera is a critical piece of a giant, complex development puzzle.
What will Sands earnings show?
Nevada earns a C for financial literacy efforts in high schools:

teaching money

The supply-demand equation for country music in Las Vegas is positive.
Construction industry icon leaves legacy in Las Vegas.
Las Vegas is betting big on health and wellness.

Med Pot Investor Forum Comes to Vegas, Industrial Market Booms in Reno, and Bottom-filling Beer Cups Take Thomas & Mack By Storm

Check out Tesla’s hot new factory.  (No, not that one.)
Newspaper employees arrested at Tesla Gigafactory after hitting Tesla workers with car.
ArcView’s marijuana investor forum is coming to Las Vegas Nov. 9-10.
The Reno-Sparks industrial market fired on all cylinders in Q3.
Filling beer cups from the bottom at Thomas and Mack. (Want to see it in action? Here’s one of the inventor’s YouTube ads.)
The market for distressed resort properties thrives in Las Vegas.
Stat Pack co-publisher and RCG Economics principal John Restrepo talked with KNPR about the Las Vegas recovery this week.
Reno has a year to comply with new federal standards for smog-forming ozone.
ICYMI, the state of Station Casinos as it announces it’s going public . . . again.
What’s with those new signs on Southern Nevada roads saying “Indexing Fuels Our Future?” Are tax dollars being spent to advocate for a tax set to expire if voters don’t renew…?
The SW steak house at Wynn has a new look, according to Architectural Digest.
Five reasons startups should love Las Vegas.
Eater’s got a new Best 38 restaurants in Las Vegas list.

Nevada Energy Leadership, Bond Ratings, and the Week’s Big Real Estate Deals

The Motley Fool asks whether Las Vegas is a model for renewable energy in America.
We finally know what caused a serious runway fire aboard a British Airways PLC aircraft last month.
Fitch Ratings assigns ratings to Nevada general obligation (GO) limited tax (LT) bonds.
Houston rapper Riff Raff buys ‘Codeine Castle’ in Las Vegas:

purple

Photo: Zar Zanganeh / Luxe Estates & Lifestyles

ICYMI, out of state investment brokers seek to cash in on 900,000 square feet of Summerlin office space.
A California company is under contract to purchase a $16.8M senior housing complex in Las Vegas utilizing funding from online investors.
From Ralston Reports, a fascinating article about Zappos’ unique corporate experiment.
No timetable for possible NHL expansion in Las Vegas, Quebec City.
Las Vegas doctor rocks parodies.
Water conservation Las Vegas style.
Nazarian will sell his stake in SLS Las Vegas.
Hempfest lights up Las Vegas.
Anything goes with Las Vegas street performers (and that’s the problem).
Market for distressed casino properties thrives in Las Vegas.
 

The Need for Speed

Will we actually need high-speed rail between Las Vegas and Southern California? Let your car drive itself instead.

tesla

Photo via autoblog.com, Image Credit: Drew Phillips, courtesy of Tesla

Jailed Hong Kong billionaire’s Nevada connection.
More doctors for Nevada?
What percentage of Hoover Dam’s electricity stays in Nevada?
Newmont Mining Corp. interested in big dig owned by Barrick Gold Corp., just not its Nevada mines.
Barrick opens IT hub in Henderson.
The Las Vegas Convention Center is marketing to roller derby moms and other odd associations and fringe groups through a new video campaign entitled UnCONVENTIONAL.
In more traditional marketing efforts, Las Vegas is turning Mexican Independence Day into a growth week for local Latin tourism.
Why has the government stopped reporting Lake Mead water levels?

waterSource: zerohedge.com

What you need to know about the good news and bad news re: new home sales in Vegas.
Foley pitches NHL owners on Vegas.
Uber “surge pricing” not popular with Vegas customers.
Nevada fuel prices:

fuel

Source:  AAA

Nevada Scores High on Zombie Apocalypse Preparedness Index

Nevada scores well on the list of states most prepared to survive the zombie apocalypse.

zombies

Source: blog.estately.com

If the end doesn’t come before then, Las Vegas will host the final presidential debate.
The NTA boss moves on.
The SNWA Water Resource Plan has been released.
Two Sparks casinos become an apartment, retail & restaurant complex.
Henderson condos sell for $347K (each!)
No more Ferraris for you, Nevada.
Nevada gas price update:
gas

Source: AAA

Our averages compared to the national:
fuel

Source: AAA

Clark County population reaches a new high.
The Reno Gazette Journal is suing the City of Sparks over pot license info.
ICYMI Vegas dealers have stopped selling new VW diesels.
Fantasy sports leagues are under scrutiny by the Gaming Control Board.

Lithium, Lake Mead & Lyft in the News

In this week’s Nevada headlines, Tesla takes a second look at Nevada lithium, the new Lake Mead straw starts to draw water, Las Vegas may become a big draw for mega fitness events, and Lyft and Uber await the Clark County District Attorney’s decision.
Tesla may buy Nevada lithium after all.
The new Lake Mead straw has started to fill.
Will Vegas soon become a draw for big fitness events?
The Clark County DA has a decision to make re: Uber and Lyft.
CBER’s 2015 Manufacturing & Logistics Report Card is out. See how each state including Nevada ranks in several areas. Our CBER grade for Manufacturing Industry Health? An F:
grade

Source:  http://www.conexus.cberdata.org/files/National2015.pdf

All the Nevada News That’s Fit to Link

A huge grant goes to N NV, stunning Burning Man photos, education lawsuits, Cox cash, and the Gov in Politico.
The U.S. Department of Labor has awarded $2.9M to the Northern Nevada College Apprenticeship Consortium.
The Northern Nevada employers who have signed on as sponsors of the apprenticeship program.
Owners of land near Area 51 are ready to cut the Air Force a deal.

area51

 Photo source:  https://upload.wikimedia.org/wikipedia/commons/thumb/6/61/Area51_gate.JPG/640px-Area51_gate.JPG

Attribution:  Tim1337 on Wikimedia Commons 

The annual round up of Burning Man pics from The Atlantic.
Is a high-end office complex going up near Las Vegas City Hall?
Another headline about national politics and Sheldon Adelson’s money.
Another lawsuit over Nevada’s new private Education Savings Accounts.
Las Vegas made the list of least religious cities in the U.S.
Vegastech.com is the new place to go for news on the local tech community.

nevada

 Uber wants to conquer the world, but these companies are fighting back.
Pitch a new business idea on October 1 and win cash from Cox.
A great one-slide overview of the Nevada mining industry.
Today’s AAA National Average Fuel Price + Nevada Average Fuel Prices over the past year. (At least we’re not paying $4.26 like we were in 2008…)
Governor Sandoval has been named one of The Politico 50.
27
 

McCarran Rising, Stations Cash Flow… Flowing, Reno Growing

McCarran Airport growth projections.
Cash flow is up at Stations.
A solid op-ed on Reno getting the most from growth.
NOAA forecasts strongest El Nino on record this year. Drought impact?
These 11 states could be the next to legalize marijuana.
If you haven’t seen this fascinating video on the potential future for Cashman Field as a solar battery, you should. (Doesn’t hurt that it includes Stat Pack co-creator, John Restrepo.)
Is the Great Basin turning into a Cinder Bowl? A UNR ecologist thinks so.
General Wesley Clark at the Economic Club of Las Vegas on September 15.
It’s a bit dusty and windy at the third largest city in Nevada this week… Burning Man ! (video)
A cool tactile map of Burning Man.
Nevada is one of the biggest sources of cigarettes for smugglers.
About 5 million people have left California in the last decade. Where did they go? Many to Nevada:

Leaving Cali