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Tech Companies are Relocating to Sin City. The Question: Is This Silicon Vegas?

You are currently viewing Tech Companies are Relocating to Sin City. The Question:  Is This Silicon Vegas?
  • Post category:News

Tech companies and workers have moved into Sin City with the goal of finding greater opportunities and helping diversify the state’s economy.

Tech Companies and Affordable Real Estate

Several companies have looked for more reasonable real estate. This throughout the past couple of months and then during the pandemic. Also a better quality of life and fewer pandemic restrictions.

Days of Gambling, Resorts and Entertainment are Over

The founder of Kobe Digital Arya Bina says that the primary reason why he moved his tech company’s headquarters from Los Angeles to Las Vegas. In fact, he does say the days of our city is being just a destination for gambling, resorts, and entertainment are really over.

Not Just a Completely Blank Slate

“Moreover, there is just too much momentum here. Moreover, it is like you are going into a place with a completely blank slate,” Bina said.

Vegas is going to be the next really big tech hub, says Bina. It is based on his predictions. An advertising agency is a company that does help tech industries to grow.

After being in Southern California for five years, Bina did realize he needed a city with more opportunities.

Tech Companies see Great Perks in Las Vegas

“Moreover, the good cost of living coupled with a favorable tax environment, plus really a favorable regulatory environment all contribute to the economy. This is as long as this area does continue to offer that. Then we can continue to see the influx coming in,” Bina said.

In the past five years, he does say hundreds of tech companies and workers have moved there. Also, one of them is his newest client, James Calhoun. He is the chief technical officer of his tech startup which is called “Odyssey.” It is a social media platform for investors.

He says in the past five years hundreds of tech companies and workers have moved to the valley. One of them is his newest client, James Calhoun, who is the chief technical officer of his tech startup company called “Odyssey,” a social media platform for investors.

Calhoun says mega-companies are throwing their money behind this city because they see the same momentum his team saw when they selected this location. He says the entertainment capital of the world has the potential to be the next Silicon Valley.

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