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- 🏎 Clark County Explores Licensing Future Events at Formula One's Las Vegas Grand Prix Plaza
🏎 Clark County Explores Licensing Future Events at Formula One's Las Vegas Grand Prix Plaza
Issue #169 - May 24, 2024
John Wu
24 May
Dear SummerSouth Insiders!
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📆 Weekly Local Events for May 2024
Regular weekly events in or near Summerlin, Las Vegas are listed below.
Visit here to lookup specific venue information or for upcoming and/or non-weekly events on Meetup.
Monday
Monday Classes At Latin Blendz: (Every week on Monday @ 10AM)
Socially Vegas - Monday Night Bowling @ The Orleans Bowling Center: Must arrive/check-in before 7pm; 7 - 10pm (Every week on Monday); COST (CASH Only) $10 for 2 games (includes shoes) COST: $12 for 3 games (includes shoes)
Monday Night TRIVIA at ReBAR, 1225 S Main St, Las Vegas: (Every week on Monday @ 7PM)
Tuesday
Terrific Tuesday Fun Pickleball @ Police Memorial, Bring a Chair: (Every week on Tuesday @ 2PM)
Sand Volleyball Intermediate, Rusty and Old Time Players @ Aloha Shores Park (NW), Cheyenne & Buffalo, 7550 Sauer St, Las Vegas: (Every week on Tuesday @ 6 - 8 PM)
Run Drink Las Vegas - Weekly Tuesday Run @ Frankie’s Uptown patio: 6:30 - 8:30 PM (Every week on Tuesday), FOLLOW US ON INSTAGRAM @rundrinklv FOR THE LATEST WEATHER/TIMING UPDATES
Coed Soccer - Summerlin: Crossings Park, 1111 Crestdale Ln, Las Vegas: 7:30 - 9:45 PM (Every week on Tuesday/Thursday)
Wednesday
Business Leads Group - Networking Breakfast @ Summit Restaurant, Eagle Crest Golf Course, 2215 Thomas W Ryan Blvd, Las Vegas: Cost $20 cash, 7 - 8:30 AM (Every week on Wednesday)
Early Risers Toastmasters Meeting (In-Person - Summerlin Egg Works / Online Event: 7 - 8 AM (Every week on Wednesday)
Las Vegas Valley Bicycle Club - Wednesday Morning Ride @ Einstein Bagels: 9 - 11:30 AM (Every week on Wednesday)
Speakers & Leaders of Summerlin Toastmasters Meeting, Summerlin Egg Works, 2025 Village Center Cir, Las Vegas: 12 - 1:30 PM (Every week on Wednesday)
Live Music Yoga w/ Cheryl Slader @ Blue Sky Yoga: (Suggested Donation $12); 5:30 - 6:45 PM (Every week on Wednesday)
Country Crossroads Dance, Rhythms Dance Studio & Event Center, 4545 W Sahara Ave, Las Vegas: $15 Drop-in Rate / $50 for the whole month: 8 - 9 PM (Every week on Wednesday)
Thursday
Abundance Business Networking Group Online Event: 7 - 8:30 AM (Every week on Thursday). Please arrive 10-15 minutes early for networking. Steps to access our BNI Online™ Virtual Chapter Meeting, visit website.
Las Vegas Real Estate Investors Association - Weekly Power Lunch For Real Estate Investors: 11 AM - 1 PM (Every week on Thursday). Request to join here.
Free Salsa Classes @ Feel The Music Dance Studio: 7 - 8 PM (Every week on Thursday). Visit the website to register online.
Summerlin Bitcoin Happy Hour, SG Bar, 9580 W Flamingo Rd, Las Vegas: 6:30 PM (Every week on Thursday)
Coed Soccer - Summerlin: Crossings Park, 1111 Crestdale Ln, Las Vegas: 7:30 - 9:45 PM (Every week on Tuesday/Thursday)
Friday
Find Your Yoga Las Vegas - Flow & Yin W / Noé Hilyard @ Yoga Sanctuary: 6 - 7:15 PM (Every week on Friday) View Yoga Sanctuary's full schedule.
Swing Dancing in Las Vegas Vintage and Modern Swing Dances @ The Mint Tavern: 7:30 - 8:30 PM (Every week on Friday)
Saturday
Vino Las Vegas Wine & Yacht Club Brunch: 9 AM - 2 PM (Every Saturday and Sunday)
Find Your Yoga Las Vegas - Saturday Morning Meditation with Practitioner Selina Kelly @ Yoga Kandy, LLC. Cost: Love Donation $5-$10 suggested. 11 - 11:45 AM (Every week on Saturday)
Sunday
Las Vegas Valley Bicycle Club - Sunday Morning Ride @ Einstein Bagels: 9 - 11:30 AM (Every week on Sunday)
Vino Las Vegas Wine & Yacht Club Brunch: 9 AM - 2 PM (Every Saturday and Sunday)
Level 1 West Coast Swing @ 2580 N Rancho Dr, North Las Vegas: 7 - 8 PM (Every week on Tuesday); Drop in Rate is $15, Monthly pass is $50; Register online.
🌤 Summerlin South, Las Vegas Weather
⛽ Las Vegas Gas Prices
🏎 Clark County Explores Licensing Future Events at Formula One's Las Vegas Grand Prix Plaza
Southern Nevadans can look forward to a pleasant Memorial Day weekend, with temperatures staying below the triple digits, as per the National Weather Service's forecast. The weather is expected to be mild and sunny, with only a slight disruption on Friday due to wind gusts.
On Thursday, the central Las Vegas Valley is expected to see a high near 92 degrees, accompanied by light winds and a clear sky. Friday, however, will experience wind gusts up to 30 mph during the day and 26 mph at night, with a high near 90 degrees.
"It's a weak trough going through to our north and will make some wind and knock the temperatures down a few degrees maybe," said weather service meteorologist Clay Morgan, explaining the slight disruption in the otherwise pleasant weather.
Saturday is expected to be mild with a high near 86 degrees, while Sunday and Memorial Day will see highs of 92 and 96 degrees respectively. The normal temperature for this time of year in Las Vegas is 91 degrees.
As we move into June, the forecast predicts a high of 99 degrees on Tuesday. "After Saturday we should be able to see how hot and for how long," Morgan said, hinting at the possibility of normal temperatures for the end of May. "Right now it doesn’t look like anything ridiculously hot; just kind of normal for the end of May."
❎ Your Guide to Voter Registration and Early Voting
Checking Your Voter Registration:
To check your voter registration status, visit the Nevada Secretary of State’s website at www.nvsos.gov/votersearch/.
Early Voting:
Dates: Saturday, May 25 to Friday, June 7.
Details: All early voting sites also serve as mail ballot drop-off locations. Hours and days vary by location and can be subject to change due to unforeseen events.
Updates: For the latest information, visit Clark County Elections or call 702-455-VOTE.
Early Voting and Mail Ballot Drop-off Locations: For a full list, visit Early Voting Sites and Drop-off Locations.
Voting on Election Day:
Date: June 11.
Poll Hours: 7 a.m. to 7 p.m.
Vote Centers: Your sample ballot packet includes a listing of vote centers near you. You can also use the “Vote Center Locator” map tool at Clark County Elections.
Election Day Voting Locations: For a complete list, visit Election Day Voting Locations.
Important Dates:
May 22: Deadline for the start of mailing in-state ballots.
May 23: No sample ballots for newly registered voters (those who register on or after this date will not receive a sample ballot for the current election).
May 25 to June 7: Early voting period.
May 29 to June 11: Registration or updates to registration can only be done online. No sample ballot will be mailed, and you must vote in person.
June 11: Election Day.
June 14, 5 p.m.: Deadline for submitting ID and/or proof of residence for provisional ballots, if needed.
June 15, 5 p.m.: Deadline for receiving mail ballots returned via the post office.
June 17, 5 p.m.: Deadline for curing mail ballot signature issues.
June 21: Deadline for county commission canvass.
June 26: Deadline to demand a recount.
For continuous updates and detailed information, always refer to the official Clark County Election Department website or contact their office directly.
🏈 Raiders' Allegiant Stadium Home Games Top NFL Secondary Market Once Again
Tickets to Raiders home games at Allegiant Stadium are once again the most popular in the NFL on the secondary market. The team was tops in total sales 24 hours after the 2024 NFL schedule was released on May 15, according to online ticket broker StubHub. The other clubs in the top five were the Cowboys, Steelers, Falcons, and Packers.
The average price for tickets sold to Raiders games this year on StubHub is $358. The team’s top-selling home game, before taxes and fees are included, is against the Steelers on October 13. The average ticket-selling price for the contest is $513, with the cheapest available ticket costing $355.
The Raiders’ next four top-selling games are against the Chiefs on October 27 ($443 average), the Browns on September 29 ($341 average), the Falcons on December 16 ($322 average), and the Panthers on September 22 ($313 average). The Browns, Panthers, and Falcons are visiting Allegiant Stadium for the first time.
Raiders games have become a significant tourism draw for the city, with an average of 35,892 out-of-town fans attending each game last season. This out-of-town attendance is a boost for the local economy, with visitors spending more and staying longer than the average tourist.
“What it means is a continued economic shot in the arm for all Las Vegans who benefit from the tourism industry,” said Clark County Commissioner Michael Naft.
The room tax on Clark County hotel rooms generated almost $6.6 million in February, with Super Bowl 58 in town, compared to $4.4 million in February 2023. The room tax was initiated in March 2017 and has since generated $329.7 million, 7 percent higher than the $308.7 million budgeted for the first seven years of revenue collection.
The Raiders’ Allegiant Stadium home games continue to be a hot ticket in the NFL, drawing fans from far and wide and providing a significant boost to the local economy.
⚖ U.S. Justice Department Sues Live Nation and Ticketmaster, Alleging Monopoly in Entertainment Industry
The U.S. Justice Department, along with 30 state and district attorneys general, has filed a significant antitrust lawsuit against Ticketmaster and its parent company Live Nation Entertainment, accusing them of monopolistic practices in the live events industry. The lawsuit, filed in Manhattan federal court, alleges that Live Nation engages in unlawful conduct that inflates prices for fans and stifles competition, hurting artists, smaller promoters, and venue operators. The Justice Department highlights practices like long-term contracts that prevent venues from choosing rival ticketing services and retaliation against those who don't comply with Ticketmaster's terms. Live Nation, which dominates the market with exclusive partnerships at major venues, denies these accusations, claiming their market share is due to superior services. This lawsuit is part of the Biden administration's broader effort to tackle corporate monopolies.
🏡 Las Vegas Lags Behind National Trend as Gen Z and Millennials Struggle to Enter Housing Market
A recent report from Redfin reveals that Gen Z and younger millennials accounted for 40 percent of the mortgages taken out in the U.S. last year. However, Las Vegas is an exception, with one of the lowest mortgage buy rates for people under 35 at 32.9 percent. This places Las Vegas as the fifth lowest in the U.S., trailing behind West Palm Beach, Florida, which had the lowest rate at 27.8 percent.
Bryan Cornejo, a Gen Z real estate agent with Realty One Group, suggests several reasons for this trend. He believes high mortgage rates, currently at 7.4 percent, are deterring potential buyers. Cornejo also points out that many Gen Z individuals prefer renting over buying, adopting a wait-and-see approach. He attributes this to a combination of factors, including the high cost of living in Las Vegas, the city's vibrant entertainment scene, and the challenges of long-term planning in such an environment.
Cornejo emphasizes the importance of education in helping younger generations navigate the housing market. He suggests that a shift towards long-term thinking could encourage more Gen Z individuals to consider home ownership as a viable option.
The report also notes that a significant number of Gen Z and millennial buyers receive financial assistance from their parents to fund down payments. This trend is likely to continue as the housing market remains challenging for younger buyers.
Meanwhile, investors are increasingly purchasing homes in Las Vegas, with 69 percent of these transactions being all-cash deals. This trend is less affected by the high mortgage rates currently impacting the residential real estate market. Rental rates in the city are also on the rise, with the median rent currently at $1,505 a month, a 2.4 percent increase from last month and a 1.7 percent year-over-year increase.
Summerlin Area Command - Week Ending: May 17, 2024
Courtesy of The Las Vegas Metropolitan Police Department.
📌🏠 Summerlin South - April 2024
*Median Sold Price By Bedroom Count
This is the middle price for which all homes in the area were sold based on the number of bedrooms. Half of all the homes sold were below this price, and half were above.
Visit here to see the entire report.
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Until next time, John Wu.