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👨‍👨‍👧‍👦 Las Vegas Attracts More Affluent Visitors and New High-Wage Residents

Issue #199 - June 23, 2024

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📆 Weekly Local Events for June 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 10-Day Weather Forecast

Las Vegas Gas Prices

👨‍👨‍👧‍👦 Las Vegas Attracts More Affluent Visitors and New High-Wage Residents

Tourists are flocking to Las Vegas at higher rates than before the pandemic, with more affluent visitors filling hotel rooms, according to a new study by travel.ai. The “Las Vegas: A Tourism and Migration Deep Dive” report reveals not only a surge in tourism but also an influx of high-wage earners moving to Southern Nevada, attracted by the cost of living and tax benefits.

The study echoes findings from the Las Vegas Convention and Visitors Authority’s 2023 Visitor Profile Study, indicating that visitors are spending more on lodging, food, transportation, shopping, and gambling, although slightly less on entertainment due to high ticket prices.

Key Findings from the Study

  • Tourism Boom: Overnight stays in Las Vegas have increased both year-over-year and compared to pre-COVID levels.

  • Affluent Visitors: The iconic Las Vegas Strip is seeing a steady rise in affluent visitors, solidifying its status as an upscale vacation destination.

  • New Residents: Many new and affluent residents are making the Las Vegas area their permanent home.

The report highlights that monthly visitation levels have consistently exceeded pre-pandemic numbers since mid-2023, except for July. This resurgence is attributed to robust demand for experiences and new entertainment venues like the Sphere. Additionally, events like Super Bowl 58 at Allegiant Stadium in February 2024 significantly boosted visitor numbers.

Rising Median Incomes

The median income of visitors has climbed each year since 2022, reaching $93,000 annually, higher than pre-COVID levels. Similarly, higher income levels are observed among those migrating to Southern Nevada, indicating the area's growing appeal to affluent individuals.

Visitor Satisfaction

Kevin Bagger, Vice President of the LVCVA’s Research Center, emphasizes the importance of visitor satisfaction, noting that high satisfaction levels (around 95%) encourage repeat visits. However, visitors often cite high costs, resort fees, the homeless population, and transportation challenges as areas needing improvement.

🏀 A’ja Wilson’s New Nike Logo Symbolizes Strength and Style

Aces superstar A’ja Wilson has introduced the logo for her new signature line with Nike, revealed on Saturday. The logo, influenced by Wilson's signature, features a star integrated with her initial "A".

Nike announced Wilson's addition to its signature athlete roster at the season's start, with a signature shoe expected in 2025. The company highlighted Wilson's unique style and performance as inspiration for the logo, emphasizing the bold lines that represent her strength and support for her team.

Currently leading the league in scoring and rebounds, Wilson is a top contender for a third MVP title this season. She has scored at least 20 points in a league-record 19 consecutive games.

Key Points

  • New Logo: Wilson’s logo features a star and her initial "A", inspired by her signature.

  • Nike Partnership: Wilson joined Nike's signature athlete roster this season, with a shoe release planned for 2025.

  • Outstanding Performance: Averaging 27.8 points and 11.6 rebounds per game, Wilson is favored for another MVP title.

  • Recent Game: The Aces defeated the Connecticut Sun 85-74 and will play the Chicago Sky on Thursday.

🏢 Local Business Owners Gear Up for 2024 Business Expo in Las Vegas

Local business owners, from entrepreneurs to established enterprises, are gearing up for the highly anticipated 2024 Business Expo in Las Vegas. The event, set to take place next week at the World Market Center, promises to be a significant opportunity for networking and fostering new business relationships within the community.

Event Details

The 2024 Business Expo will be held on Wednesday, June 26, from noon to 5 p.m., at the World Market Center. The event will feature over 150 exhibitors, ranging from small businesses to larger local enterprises, showcasing a diverse array of products and services. Admission is free and open to the public, making it accessible for everyone interested in the local business scene.

Opportunities for Entrepreneurs

Mary Beth Sewald, President and CEO of the Vegas Chamber, highlighted the expo's importance for local businesses. “It gives entrepreneurs and small business owners, especially, an opportunity to show off what they do. To show off their products, their services, and to really get some exposure and notoriety within the community,” Sewald stated. This sentiment underscores the expo's role in helping businesses gain visibility and establish valuable connections.

Networking and Growth

The Business Expo is not just a platform for displaying products and services; it is also a prime networking event. Business owners will have the chance to meet potential clients, partners, and even investors. This interaction can lead to new business opportunities and collaborations that might not have been possible otherwise.

Diverse Exhibitors

With over 150 exhibitors, attendees can expect a wide range of businesses represented at the expo. From tech startups and innovative service providers to local artisans and established companies, the event will showcase the vibrant and diverse business community of Las Vegas. This variety ensures that there is something for everyone, whether they are looking for new business solutions, unique products, or simply to connect with like-minded entrepreneurs.

Community Engagement

The 2024 Business Expo also emphasizes community engagement. By offering free admission, the event encourages local residents to come out and support their local businesses. This not only helps businesses gain exposure but also strengthens the local economy by fostering a sense of community and support among residents.

What to Expect

Attendees can look forward to:

  • Exhibitor Booths: Explore booths from over 150 businesses showcasing their latest products and services.

  • Networking Opportunities: Engage with business owners, industry leaders, and potential clients.

  • Workshops and Seminars: Gain insights from industry experts through various workshops and seminars designed to help businesses grow and thrive.

  • Special Promotions and Giveaways: Take advantage of exclusive promotions and giveaways offered by exhibitors.

Join the Expo

Whether you are a business owner looking to expand your network or a local resident interested in supporting the community, the 2024 Business Expo is an event not to be missed. Mark your calendars for June 26 and head to the World Market Center to experience the best of Las Vegas's business community.

For more information and to register for the event, visit the official website of the Vegas Chamber.

🌐 Sphere to Debut "XO Audio" During Fourth of July Celebration

The Sphere has officially announced the debut of “XO Audio” during its “Sphere Fourth of July Celebration” presented by Verizon. This new audio experience will be launched alongside six new Exosphere visual acts and a 24/7 livestream available on thesphere.com. The Sphere’s sound system, curated exclusively by Sphere Studios, will synchronize audio with the movement of imagery on the Exosphere.

Key Points

  • Event Details: The Fourth of July event will feature six new visual acts and the launch of “XO Audio,” a sound system designed to enhance the Exosphere experience.

  • Livestream: A new 24/7 livestream will be available on thesphere.com, allowing global audiences to experience the Exosphere.

  • CEO Announcement: This announcement follows Madison Square Garden Entertainment CEO Jim Dolan's hint about adding an audio component during a Q3 Earnings Call in May.

  • Anniversary Celebration: The event will also mark the first anniversary of the Exosphere’s first illumination.

  • Student Recognition: The Sphere will honor Las Vegas-based student artists who won the Sphere XO Student Design Challenge, with a special ceremony and the debut of their art on the Exosphere.

💥 Tropicana Hotel-Casino Demolition Progresses Toward October Implosion

Two and a half months ago, the Tropicana was alive with nostalgic visitors seeking one last memory at the iconic hotel-casino. Today, the atmosphere has shifted dramatically as demolition crews work tirelessly to prepare the site for a possible implosion in October, marking the end of an era and the beginning of new developments.

Demolition and Future Plans

Since its closure on April 2, significant progress has been made in dismantling the Tropicana. Demolition teams have already cleared out 13 floors of the hotel, removing walls and leaving only the skeletal structure of the building. The porte cochere has been torn down, and workers continue to dismantle the remaining hotel tower. Bally’s Corp., the Rhode Island-based operator of the Tropicana, aims to implode the building in October, making way for a Major League Baseball stadium.

The Oakland Athletics plan to construct a $1.5 billion, 33,000-seat ballpark on part of the 36-acre site, which will offer views of the Las Vegas Strip. The remaining land is intended for development into a new casino resort, in partnership with landowner Gaming & Leisure Properties Inc.

Historical Context of Implosions

Las Vegas has a storied history of hotel implosions, often transforming these demolitions into grand public spectacles. When the New Frontier was imploded in 2007, the event featured a fireworks show and a countdown. Similarly, the Dunes' north tower was imploded with Hollywood flair during the opening of Treasure Island, with Steve Wynn orchestrating the event from a pirate ship.

Permitting and Preparations

While it remains unclear whether Bally’s has planned any theatrics for the Tropicana’s implosion, the company continues to prepare for the event. Clark County approved a demolition permit on April 20, giving Bally’s until October 20 to complete the $15 million demolition. The work thus far has been carried out by GGG Demolition Inc., based in Orange County, California.

To proceed with the implosion, several additional permits and steps are required. Contractors must obtain a blasting permit from the Clark County Fire Department, submit a traffic control plan if road closures are necessary, and address any asbestos removal under county supervision. Only after these conditions are met will an implosion-specific permit be issued by the county.

Safety and Logistics

The property owners must also provide a detailed project timeline and plans for safety measures, including fencing, crowd control, and adherence to safety regulations. These plans must cover the period from 24 hours before the implosion to the post-implosion reopening of roads and securing of the site.

Community Engagement and Future Events

As part of the preparatory activities, the Tropicana demolition has drawn considerable local interest. The site’s transformation from a beloved historical landmark to a venue for future developments highlights the dynamic nature of Las Vegas’s landscape. The upcoming implosion, if executed as planned, will mark a significant moment in the city’s ongoing evolution.

For now, the buzzing at the Tropicana comes from machinery and construction workers, symbolizing both the end of an era and the exciting possibilities that lie ahead for this iconic Las Vegas location.

The demolition of the Tropicana Hotel-Casino is well underway, with significant progress made since its closure in April. As Bally’s Corp. prepares for a potential October implosion, the site is being readied for the construction of a new Major League Baseball stadium and future casino resort. With historical precedents of spectacular implosions in Las Vegas, the upcoming event is poised to be a notable moment in the city's continuous transformation.

Summerlin Area Command - Week Ending: June 14, 2024

Courtesy of The Las Vegas Metropolitan Police Department.

📌🏠 Summerlin South - May 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.

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