Las Vegas is the most populous city in the state of Nevada. It is billed as The Entertainment Capital of the World and is famous for massive and lavish casino resorts. The United States Census Bureau 2006 estimates place the population for the Las Vegas Metropolitan Statistical Area at 1,777,539 people, and the region is one of the fastest growing in the United States.

The primary drivers of the Las Vegas economy have been the confluence of tourism, gaming, and conventions which in turn feed the retail and dining industries. Several companies involved in the manufacture of electronic gaming machines, such as slot machines, are located in the Las Vegas area. In the 2000's retail and dining have become attractions of their own.

Tourism marketing and promotion are handled by the Las Vegas Convention and Visitors Authority, a county wide agency. Its annual Visitors Survey provides detailed information on visitor numbers, spending patterns and resulting revenues

Las Vegas, as the county seat and home to the Lloyd D. George Federal District Courthouse, draws numerous legal service industries providing bail, marriage, divorce, tax, incorporation and other legal services.

Many technology companies have either relocated to Las Vegas or were created there. For various reasons, the Las Vegas area has had a high concentration of technology companies in electronic gaming and telecommunications industries. Some current technology companies in southern Nevada include Bigelow Aerospace, CommPartners, Datanamics, eVital Communications, Petroglyph, SkywireMedia, Switch Communications, and WorldDoc. Companies that originally were formed in Las Vegas, but have since sold or relocated include Westwood Studios (sold to Electronic Arts), Systems Research & Development (Sold to IBM), Yellowpages.com (Sold to Bellsouth and SBC), and MPower Communications.

When The Mirage, the first Megaresort, opened in 1989, it started a movement of people and construction away from downtown Las Vegas to the Las Vegas Strip. This resulted in a drop in tourism from the downtown area but many recent projects and condo construction has seen an increase in visitors to downtown.

A concerted effort has been made by city officials to diversify the economy from tourism by attracting light manufacturing, banking, and other commercial interests. The lack of any state individual or corporate income tax and very simple incorporation requirements have fostered the success of this effort.

Having been late to develop an urban core of any substantial size, Las Vegas has retained very affordable real estate prices in comparison to other western U.S. cities. Consequently, the city has recently enjoyed an enormous boom both in population and in tourism. However, as a New York Times series on the city reported in 2004, the median price of housing in the Las Vegas Valley is now at or above the nationwide median. The urban area has grown outward so quickly that it is beginning to run into Bureau of Land Management holdings along its edges, increasing land values enough that medium- and high-density development is beginning to occur closer to the core.

Constant population growth means that the housing construction industry is vitally important. In 2000 more than 21,000 new homes and 26,000 resale homes were purchased. In early 2005 there were 20 residential development projects of more than 300 acres each currently underway.

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