Online Casino - Las Vegas Economy.

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Las Vegas Economic history

Las VegasLas Vegas started as a stopover on the pioneer trails to the west, and became a popular railroad town in the early 1900s.

It was a staging point for all the mines in the surrounding area, especially those around the town of Bullfrog, that shipped their goods out to the rest of the country.

With the growth of the railroads, Las Vegas became less important, but the completion of the nearby Hoover Dam resulted in substantial growth in tourism, which, along with the legalization of gambling, led to the advent of the casino-hotels for which Las Vegas is famous.

The constant stream of tourist dollars from the hotels and casinos was augmented by a new source of federal money.

This money came from the establishment of what is now Nellis Air Force Base.

The influx of military personnel and casino job-hunters helped start a land building boom which still goes on today.

Las Vegas Economy

The primary drivers of the Las Vegas economy have been the confluence of tourism, gaming, and conventions which in turn feed the retail and dining industries.

Several companies involved in the manufacture of electronic gaming machines, such as slot machines, are located in the Las Vegas area.

In the 2000s retail and dining have become attractions of their own.

Tourism marketing and promotion are handled by the Las Vegas Convention and Visitors Authority, a county wide agency.

Its annual Visitors Survey provides detailed information on visitor numbers, spending patterns and resulting revenues.

Las Vegas as the county seat and home to the Lloyd D. George Federal District Courthouse, draws numerous legal service industries providing bail, marriage, divorce, tax, incorporation and other legal services.

The redevelopment listed below shows how the city is trying to diversify the local economy and revitalize the downtown area.

The World Market Center is an example of this.

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