Gaming still dominates LV economy

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Tuesday, June 6, 2000 | 11:29 a.m.

Dot-com companies represent just a tiny portion of the Las Vegas economy

Mike Clarke, an economist with the Nevada Department of Employment, Training and Rehabilitation's research and analysis bureau, said it's difficult to pinpoint exactly how many high-tech jobs exist in Nevada because they're spread over several industry sectors.

Clarke said a 1999 report showed that about 3.3 percent of Las Vegas' jobs are in manufacturing, with only a fraction of that in high-tech sectors.

By comparison, the service industries sector represents about 45.1 percent of the city's jobs, with 26.1 percent of the total specifically in hotels, gaming and recreation.

The number of gaming jobs grew 7.5 percent in Las Vegas from December 1998 to December 1999.

Among the largest dot-com companies operating in Las Vegas are PurchasePro.com, Inc., an online procurement company that has 450 employees; and Travelscape.com, which recently was acquired by Microsoft Inc. spinoff Expedia, with 250 employees.