Economy
The downtown area is primarily been based on tourism, as is the case in the greater Las Vegas Valley. Although the smaller downtown casinos earn revenues that pale in comparison to the mega resorts of the Las Vegas Strip further south. As of 2012, there have been ongoing renovations of several downtown resorts such as The Plaza, Golden Gate Hotel, and Golden Nugget.
There does exist some corporate offices as well as a World Market Center for trade shows and conventions. Recently, the opening of the Lou Ruvo Center for Brain Health and the arrival of the new Zappos headquarters downtown has started to attract new medical and technology oriented businesses to the area.
Read more about this topic: Downtown Las Vegas
Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)