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DECEMBER 15 Issue - Vegas Business Digest Recap

Fontainebleau Las Vegas Opens on the Strip


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Fontainebleau Las Vegas Opens on the Strip

Photo of Fontainebleau Las Vegas (Credit: Fontainebleau Las Vegas)

Fontainebleau Las Vegas officially opened on the Las Vegas Strip. The 67-story casino resort features 3,644 guest rooms and suites, 550,000 square feet of meeting and convention space, 150,000 square feet of gaming space, a collection ow restaurants, shops, pools, a theater, and a nightclub. 

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Nevada Ranks #1 in U.S. Clean Investment, Percent of Gross State Product

U.S. Senator Catherine Cortez Masto toured Lithion Battery in Henderson in May 2023 (Credit: Office of U.S. Senator Catherine Cortez Masto)

joint report by Massachusetts Institute of Technology (MIT)’s Center for Energy and Environmental Policy Research and the Rhodium Group ranks Nevada as the #1 state in the U.S. for total clean investment as percent of gross state product. About 2.1% of Nevada’s gross state product from Q4 2022 to Q3 2023 was in clean investment. 

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Q&A: Mike Ballard, Partner of Ascent Multifamily Accounting and CEO of Camino Verde Group

Courtesy of Mike Ballard

Mike Ballard is a partner at Ascent Multifamily Accounting, one of the nation’s largest multifamily outsourced accounting firms, and he led the firm to a two-year ranking as an Inc. 500 company in 2019 and 2020.

He is also the co-founder and managing partner of Camino Verde Group, a privately held real estate investment, development and asset management company focused solely on multifamily and mixed-use real estate.

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Regional Workforce Talent Pipeline Summit Works to Bridge Gap Between Talent Supply and Demand

A panel at the Regional Workforce Talent Pipeline Summit (Credit: LVGEA)

Workforce Connections and Las Vegas Global Economic Alliance (LVGEA) hosted a Workforce Talent Pipeline Summit this week and brought together over 200 industry, education, and workforce partners to discuss workforce trends, highlight employer needs, and explore training programs that are seeing success across the region. 

A new regional talent pipeline dashboard tool is expected to go live in early 2024.

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Las Vegas Airport Broke Monthly Record in October with 5.47 Million Passengers

Baggage claim at Harry Reid International Airport (Courtesy of LAS)

Harry Reid International Airport reported a record-breaking month in October 2023 with 5.47 million arriving & departing passengers, an increase of 5.7% from October 2022. Within the 5.47 million passengers in October, 5.1 million passengers were domestic travelers, an increase of 5.5% from same time last year, and 315,147 passengers were international travelers, an increase of 10.2% from same time last year. 

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Platinum Contracting of Nevada Donates $10,000 in School Supplies and Toys to C.T. Sewell Elementary School

Platinum Contracting of Nevada had donated $10,000 to C.T. Sewell Elementary School, a public pre-kindergarten through fifth grade elementary school based in Henderson. 

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