Las Vegas Emerges as New Tech Hub Post-COVID

Las Vegas, Nevada, October 26, 2025

News Summary

Following the COVID-19 pandemic, Las Vegas is rapidly becoming a prime destination for technology companies seeking to relocate. The annual Vegas Tech Summit highlights this trend, showcasing discussions on the benefits of the local business environment, including lower tax rates and fewer regulatory hurdles. Notable leaders, such as those from Astrana Health and Skillz, have made the move from California, emphasizing the supportive community and opportunities for growth in sectors like healthcare and AI. As the economy diversifies, Nevada is positioning itself as a competitor to California’s tech landscape.

Las Vegas, Nevada – Technology companies are increasingly setting their sights on Las Vegas as a destination to relocate and expand following the COVID-19 pandemic. This shift is exemplified by the annual Vegas Tech Summit, where leaders from the tech industry gather to discuss opportunities and showcase the advantages of the local business environment. The summit was created by Teddy Liaw, founder of NexRep, who moved to Nevada due to disillusionment with California’s political climate. Participants at the summit underscored that Nevada’s lower tax rates and reduced regulatory hurdles make it a more favorable place to operate a business.

Brandon Sim, founder and CEO of Astrana Health, is one of the notable leaders who relocated his company from California to Nevada, attracted by the growing influx of patients and clients. The move highlights the broader trend of businesses migrating to Nevada, which benefits the state’s economy by diversifying business operations and expanding the tax base. This trend contrasts sharply with California, where challenges such as the Pacific Palisades Fire have led to significant delays in rebuilding efforts, while Nevada is known for its more business-friendly policies.

The Vegas Tech Summit serves as a platform for discussing the impact of the political landscape and tariffs on the tech industry. Many CEOs, including Piotr Tomasik of TensorWave, have expressed support for the current administration’s pro-business policies. Nevada is actively working to broaden its economic base beyond its traditional reliance on tourism and gaming by focusing on emerging tech sectors such as artificial intelligence (AI) and health care.

The health care industry in Southern Nevada is witnessing robust growth and is currently the third-largest employer in the region, with projections suggesting it could become the second-largest by 2028. The summit also featured the 2025 Top Tech Awards, celebrating innovative contributions from tech firms in Southern Nevada. For instance, Skillz, a mobile gaming company, relocated its headquarters from San Francisco to Las Vegas in 2023, employing over 100 people and contributing significantly to the local economy. Skillz operates on a business-to-business-to-consumer model, providing software for game developers to create competitive gaming environments, with an average employee salary around $100,000.

Furthermore, the Nevada market is seen as more accessible for tech startups, providing easier access to officials and nurturing a supportive business community. The Vegas Tech Summit seeks to foster partnerships between local companies and educational institutions such as UNLV, promoting collaboration and innovation in the region. The event also emphasizes the importance of community engagement, with initiatives like CyRoot Academy, founded by Asal Gibson to provide no-cost technical education to veterans and underserved communities in Las Vegas.

In conclusion, Las Vegas is increasingly recognized as a viable hub for technology companies, bolstered by its lower taxes, reduced regulatory burdens, and a rapidly evolving economy. As the city continues to attract businesses from California and other regions, the landscape of Southern Nevada’s economy is expected to undergo a significant transformation, fostering growth in tech sectors while contributing to the community in various valuable ways.

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