![]() ![]() Schwartz said some visitors will come just because it’s Wynn’s hotel, and others will come because of buzz generated for the casino. “Granted, it’s not something that anybody could do.” “It’s going to bring some optimism, I think,” said David Schwartz, director of the Center for Gaming Research at UNLV. Next to that sits Boyd Gaming Corp.’s stalled $4.8 billion Echelon project. Hit hard by foreclosures and the mortgage crisis, Las Vegas reported an unemployment rate of 7.9 percent in November, up from 7.6 percent in October and above the November national average of 6.7 percent.Īnd Encore’s opening is likely to be the only bright spot for a while.ĭirectly across the street is the former site of New Frontier hotel-casino, an empty lot where a stalled project modeled after The Plaza hotel in New York has yet to rise. Some 100,000 people applied for the positions, company officials have said. The 5,000 new jobs at the resort, while 300 short of the number announced in July, were eagerly awaited, even though locals have seen many swings in their city’s economy before.
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