Gov. Sisolak said Friday that while a majority of businesses are in compliance, state regulators have made it clear companies that flout the rules could face fines, restrictions and even the loss of their business licenses.
“At least at the start, it’s going to cost a little more to do business, and our revenue will probably be down for some time. But, hopefully it pays off," says Eric Olson, GM of the Whitney Peak in downtown Reno.
The Glass Die, one of many struggling small businesses in Reno, saw an 81% drop in gross sales in April 2020 ($6,696) compared to April 2019 ($34,972). Looking ahead at a best-case scenario, owner Jeff Carter says if he reopens in July (at 50% capacity) and sales are cut in half ($27,000 in 2019 turns into $13,500) — and 100% of his sales are in the 300%-margin category — his business would still post a negative-$2,640 profit margin.
Reno-Tahoe International Airport's traffic flow is down 95%. To put another way, on a normal day, the airport averages 140 commercial flights — that number is now down to around 20, says Vice President of Marketing and Public Affairs. Brian Kulpin
"First Independent Bank is pleased to help our neighbors and friends through the work of several outstanding initiatives and nonprofits that are addressing immediate needs and longer-term support for community resilience,” said Jim DeVolld, Managing Director of First Independent Bank in Reno.
Employment in Nevada’s casino industry has been upended twice in the last two decades — after the terrorist attacks on 9/11, and in the years surrounding the Great Recession. But nothing can match the closure of every casino in Nevada during the ongoing pandemic.
"While I cannot say with certainty what the business landscape will look like after the dust settles, I do believe it will never get back to the way it was before the shutdown," advises Mike Bosma.
“[Weekly motels] are still posting eviction notices and late fee assessments in the hopes Nevadans won’t be aware of their new rights,” Bailey Bortolin, of the Nevada Coalition of Legal Service Providers, told The Nevada Independent.
Projects expected to finish in the coming weeks include construction of two new grocery stores in Truckee — a 40,000-square-foot Raley’s off Highway 267, and a 16,147-square-foot Grocery Outlet in the Gateway Area of Donner Pass Road.
This plan allows Mt. Rose to build a two-stage chairlift, 11 new ski trails, and a skier bridge across the highway to connect the main ski area to new terrain; a water pipeline to provide new snowmaking coverage; and a 5 million gallon water tank to support snowmaking.
Nicole Watson was born and raised in Reno and attended the University of Nevada, Reno where she graduated with a B.S. in Human Development and Family Studies. She joined the Quest board in 2018.
A new law revises provisions relating to health care and the qualified health benefits, effective Jan. 1, 2020, and establishes the minimum level of health benefits that an employer is required to make available to an employee and his or her dependents for the purpose of determining whether the employer is authorized to pay the lower minimum wage rate.
“Serving those in need during these unprecedented times with fresh, hot food from locally-owned restaurants is undoubtedly a win-win situation,” Chef Mark Estee said about the program.
As revenues tumble, tourism-driven Virginia City tries to balance supporting merchants while keeping visitor crowds at bay
The top tourism official for Virginia City says the town's revenue is projected to be down 25% for the current fiscal year, which ends June 30. Zooming out, a 40% drop is already being forecast for the 2020-21 fiscal year — and 'that’s provided we still have a decent summer.”
“Remember, nothing replaces the boss picking up the phone and asking, ‘How can I help you?’ … it has to fall on your shoulders to be the boss, regardless of your own fears and insecurities," writes Ira Gostin.
Sen. Ben Kieckhefer, R-Reno, was among Republican lawmakers opposed to the full transfer, saying Monday he can support moving a portion of the $401.2 million but not all of it until he sees some of the proposed budget reductions.
The long-awaited new program, called Pandemic Unemployment Assistance, launched Saturday and allows workers who have historically been ineligible to apply for benefits.
Three months ago, we made the transition back to a weekly publication. Obviously, a lot has happened since (thanks, COVID-19), but like any business, three months is is a great benchmark to measure successes, identify challenges and opportunities, reevaluate operations, and, if necessary, institute changes for the better.
According to RSAR, the median price for a single-family set another record at $416,500 in April, an increase of 10.5% from last year. This comes despite a 39.8% decrease in number of homes sold compared to April 2019.
Per the governor's plan, when the state moves to "Phase 1" — expected by May 15 or sooner — bars and nightclubs, malls, large sporting events, large in-person worship services and concerts will remain prohibited. Casinos would also not open during Phase 1.