Who is coming to Las Vegas is changing, in large part to a K-shaped economy where higher income households are disproportionately thriving while lower income households are barely above water.
The shift is not a new revelation for the tourism-dependent city, but it is one fiscal analysts are actively considering as they prepare to forecast revenue for the State of Nevada.
Las Vegas Convention & Visitors Authority CEO Steve Hill on Wednesday told the Economic Forum, the appointed panel that sets the revenue forecast used as the base of the state budget, that the region is seeing the effect of a K-shaped economy…