I have ~$40k in IRA money earning nothing because I think Wall Street is a crooked casino, and poised to crash again. 

Nevada taxes the casinos instead...My rental income is tax free even in an income tax state, as I show now income due to the expenses and depreciation.

Major hotels will upgrade their rooms, bars, restaurants and casinos frequently, sometimes every 3-4 years.

@Andrew Steffens: there is Sky River Casino nearby, it’s 20 mins from CA Capitol.

@James Wise Yeah I won't invest >10% in crypto since it's just a huge casino right now.

Among real estate investors, many are against the stock market claiming 1: Wall Street is rigged 2: Wall Street is a casino and/or 3: houses don’t go to zero. 

If you want to gamble on appreciation just go to the casino and put it all on red or black at the roulette table. 

Further West is Hilltop which is a large area but also known for high crime, poverty, and the Hollywood casino.

With the Hard Rock hotel and Casino breaking ground, plus the residential development that they have planned for the area and the high speed rail coming I think there is still a lot to be had. 

Everything from city of NLV, Clark county government buildings, the friggin DMV, a few casinos, the outlet malls, the university, the hospital, most hotels, and the movie theater.