Las Vegas Business News

Nevada gaming abstract shows Las Vegas Strip revenue remains strong, but high expenses are swallowing profits

Coin operated slot machines are seen at Slots A Fun Friday Feb. 20, 2026.

Las Vegas Strip casino profits plunged 81.2% in fiscal year 2025 — a far steeper drop than most other Nevada gaming markets — as heavy interest expense consumed much of the corridor’s revenue and left it with far less profit than its top-line numbers would suggest.

Rosen links erratic DC policies and childcare shortages to the struggle of Nevada businesses

U.S. Sen. Jacky Rosen, D-Nev., speaks during a Senate Small Business and Entrepreneurship Committee hearing on Wednesday, June 17, 2026, in Washington.

At a Senate hearing Wednesday, U.S. Sen. Jacky Rosen, D-Nev., framed those twin pressures — a tourism slowdown and rising childcare costs — as interconnected challenges hitting the state’s economic backbone.

Report: Nevada casino revenue stays steady while bottom line profits take hit

The Las Vegas Strip is shown from above in this 2015 image.

The 305 Nevada casinos generating at least $1 million in gaming revenue posted combined net income of $1.7 billion in fiscal 2025, down 34.8% from fiscal 2024, the report showed.

Los líderes empresariales de Las Vegas se centran en cinco sectores clave para reducir la dependencia de la ciudad del turismo

Danielle Casey, left, incoming president/CEO of the Las Vegas Global Economic Alliance, speaks with Laurie Perdue, LVGEA board chair, during the Las Vegas Perspective at Aria Thursday, Aug. 7, 2025.

La Alianza Económica Global de Las Vegas ha puesto en marcha un plan estratégico de tres años que los dirigentes de la organización describen como una "estrategia de alineación regional" con las partes interesadas y otros socios para diversificar la economía local.

Las Vegas business leaders target five industries to break the city's reliance on tourism

Danielle Casey, left, incoming president/CEO of the Las Vegas Global Economic Alliance, speaks with Laurie Perdue, LVGEA board chair, during the Las Vegas Perspective at Aria Thursday, Aug. 7, 2025.

The Las Vegas Global Economic Alliance has launched a three-year strategic plan that organizational leadership characterizes as a “regional alignment strategy” with stakeholders ...

Historic Nevada families partner to pull Primm back from the brink

Snow covers the south McCullough Mountains as vehicles travel south along Interstate 15 towards Primm and the California border, Friday Dec. 27, 2019.

Two Nevada families — one whose name is on the town, another that built an empire serving the state’s travelers — have joined forces to pull Primm back from the brink.

Frontier Airlines adding nonstop flights from Las Vegas to Oakland, Boise

Air Canada and Frontier Airlines passenger jets are shown at terminal 3 gates at Harry Reid International Airport Wednesday, Aug. 13, 2025.

Frontier Airlines is launching two new nonstop routes from Harry Reid International Airport this summer, the budget airline announced today in a news release.

Las Vegas home prices hit record high in May

A home for sale is shown in the east Las Vegas Valley Tuesday, March 24, 2026.

The median price of a single-family home sold in the Las Vegas area in May was a record $490,000, according to a report released this morning by Las Vegas Realtors.

La máquina tragamonedas ‘Wheel of Fortune’ sigue evolucionando tras 30 años

The iconic ‘Wheel of Fortune’ slot machine

Jean Venneman recuerda estar en la sala de juegos del Mirage viendo cómo unos desconocidos se convertían en los primeros en probar la última innovación de la desarrolladora de juegos IGT en aquel momento: las tragamonedas "Wheel of Fortune."

Innovative ‘Wheel of Fortune’ slot machine continues to evolve after 30 years

The iconic ‘Wheel of Fortune’ slot machine

Jean Venneman remembers being on the casino floor at the Mirage watching strangers be among the first to play gaming developer IGT’s latest innovation at the time: the Wheel of Fortune slots.

People on the Move: June 8, 2026

In the Notes: StartUpNV, Spread the Word Nevada, Cirrus Aviation Services, Nevada State University and more ...

With World Cup looming, Nevada lawmakers fight border rules threatening international travel

The Las Vegas Strip is seen looking south from Flamingo Road in this March 24, 2023, photo. The next president won’t immediately affect the path of gaming and tourism in Las Vegas, said Andrew Woods, an economist and director of the Center for Business and Economic Research at UNLV.

Nevada’s two U.S. senators are demanding that the Trump administration reverse a proposed rule requiring international travelers to hand over five years of social media history before visiting the United States, warning that ...

Billionaire media mogul Barry Diller to make $18 billion bid for MGM Resorts

An exterior view of the MGM Grand hotel-casino Tuesday, Aug. 27, 2024.

Barry Diller’s People Inc. has proposed buying the remaining shares of MGM Resorts International it does not already own, valuing the Las Vegas casino and resort operator at more than $18 billion.

New St. Rose Dominican center offers a colorful escape for hospitalized children and families

Andrew and Peggy Cherng, co-founders and co-CEOs of Panda Express, are joined by former Siena Pediatric patients who benefit from Children's Miracle Network invited to test out equipment at a new learning area designed to help them cope with illness through self-expression, play, and arts and crafts.

The Panda Cares Center of Hope brings patients — from infants to adolescents — out of their hospital rooms and into a bright, comfortable learning area designed to help them cope with illness through self-expression, play and arts and crafts …

From Delaware to the desert: Capriotti's turns 50 with Las Vegas at its heart

Capriottis The Bobbie at T-Mobile Arena Friday, Nov. 4, 2022.

When Lois Margolet opened a sandwich shop in the Little Italy neighborhood of Wilmington, Del., 50 years ago this month, she was 28 years old, had secured a $13,000 loan and was working out of a space beneath her apartment.

Green Valley Ranch debuts refreshed convention spaces as part of $200M overhaul

The Lawn outdoor event space recently debuted at Green Valley Ranch Resort in Henderson as part of the property's $200 million makeover.

Green Valley Ranch Resort has opened redesigned meeting and convention spaces as part of its ongoing $200 million transformation, including a new outdoor venue called The Lawn.

Sixty years after the pressurized ink patent, Boulder City's Space Pen facility stays true to its roots

TJ Rowe stands by a point plant machine at the Fisher Space Pen factory in Boulder City Thursday, April 2, 2026. The machine takes blanks and makes them into the pointed part of the pen.

The Fisher Space Pen factory in Boulder City is marking 50 years in Southern Nevada.

BTS Is back in Las Vegas — and the whole city is celebrating

BTS performs May 23-24 and 27-28 at Allegiant Stadium in Las Vegas

For Cindy and Ashley Cruz, deciding which events and activations to attend outside of the BTS concert at Allegiant Stadium has been a weeks-long endeavor.

Las Vegas ranks as the No. 4 domestic destination for Memorial Day travel

A United Airlines passenger jet taxis to a gate after landing at Harry Reid International Airport Wednesday, Aug. 13, 2025.

A record wave of Memorial Day travelers is expected to crowd Nevada’s highways this weekend, while Harry Reid International Airport is bracing for heavy passenger traffic.

Presenting Vegas Inc’s 2026 Health Care Headliners

Presenting Vegas Inc’s 2026 Health Care Headliners

Celebrating the medical professionals who uplift health care in Southern Nevada