Las Vegas Business News

Battered global tourism industry makes reopening plans

Room lights form the shape of a heart at the Encore on the Las Vegas Strip Wednesday, April 15, 2020.

Six months ago, the global tourism industry was celebrating a record year for travel. Now, it's decimated and facing a recovery that could take years.

Opportunity Village still providing help for the disabled amid shutdown

Opportunity Village CEO Bob Brown (third from left)

The new reality of the global pandemic really hit home for Opportunity Village president and CEO Bob Brown when he went grocery shopping.

The Notes: May 4, 2020

In the Notes: April Swartz, Acoustic Design Systems, Kendall Venard, Stacy Watkins, William Gonzales, Stephanie Casteel, Heather Ashbridge and more ...

Southern Californians are ready to scratch post-pandemic itch for Las Vegas

The marquee sign at the Bellagio displays a message prior to the temporary closing Tuesday, March 17, 2020. MGM Resorts properties temporarily closed at midnight in an effort to stem the spread of the new coronavirus (COVID-19).

Just over half of visitors to Las Vegas in 2018 arrived by car from places like Phoenix, Salt Lake City and Denver. But Southern California clearly represents the golden goose of…

Station Casinos to make 'significant' staff cuts, delay opening 4 properties

A view of the hotel tower at the Red Rock hotel-casino in Summerlin Saturday, Oct. 24, 2015.

Station Casinos is laying off a “significant” number of employees and will delay reopening four valley properties after the coronavirus shutdown is lifted, according to a letter to employees. There will also be layoffs at the company’s corporate headquarters, according to the letter from ...

Nevada jobless level nears 20%; extended benefits triggered

In this March 17, 2020 file photo, people wait in line for help with unemployment benefits at the One-Stop Career Center in Las Vegas.

Unemployment benefits in Nevada are being extended for a second 13 weeks, officials said Friday, as the wave of workers idled by casino and business closures in response to the ...

Gaming agents to monitor virus guidelines at casinos

A view of the Las Vegas Strip looking northbound from Flamingo Road Sunday, March 22, 2020. .

When Las Vegas casinos reopen, state gaming agents will be stationed at resorts to make sure coronavirus safety guidelines are being followed. “We won’t have agents out ...

Hospitality, retail, construction hardest hit Nevada jobless

In this March 17, 2020 file photo, people wait in line for help with unemployment benefits at the One-Stop Career Center in Las Vegas.

The number of out-of-work people filing new claims for jobless benefits in Nevada is closing in on 390,000 since casinos and other businesses were shuttered to ...

Venetian, Palazzo to screen guests for temperatures

An exterior view of the Venetian in Las Vegas,Tuesday, March 17, 2020.

The picture of what casinos might look and feel like once Strip resorts reopen became a little clearer today with the release of guidelines by Las Vegas Sands. The company said it will screen all guests at ...

State's congressional members hope Nevada sees more money in new round of stimulus funding

A man walks past a boarded up business on Main Street, downtown, Tuesday, March 24, 2020.

Nevada’s congressional delegation worked to ensure more businesses in the state met the application requirements and more lenders would be able to participate in this second go-round of the program. Under the Paycheck Protection Program, qualified small businesses …

Cannabis dispensaries face pandemic without federal aid

An exterior view of Inyo Fine Cannabis marijuana dispensary, 2520 S. Maryland Parkway, Saturday, April 25, 2020.

David Goldwater, a partner at Inyo Fine Cannabis Dispensary in Las Vegas, said his company is “treading water” during the coronavirus business shutdown, staying afloat with ...

In Las Vegas real estate, the meaning of success changes amid the pandemic

Uri Vaknin is a partner at KRE Capital.

March was the best month of real estate sales in Southern Nevada history, as median home prices hit an all-time high of $319,000, according to Las Vegas Realtors.

The Notes: Philanthropy, April 27, 2020

In the Notes: St. Baldrick’s Foundation, Golden Entertainment, Drai’s Cares, Caesars Entertainment, Goettl Air Conditioning & Plumbing, Cox Communications and more ...

Questions abound in post-pandemic Las Vegas

A sign displayed table closed on the gambling floor at Treasure Island during the COVID-19 government mandated shutdown, Thursday, April 9, 2020.

More than a month ago, the neon blinked off, the slot machines stopped chirping and hundreds of thousands of tourists vanished amid the coronavirus pandemic. When they will return and what they will find when the do are the kinds of questions Las Vegas has …

Caesars announces employee assistance fund

An exterior view of Caesars Palace on the Las Vegas Strip Dec. 26, 2017.

Caesars Entertainment today announced a new employee assistance fund to help employees suffering hardships because of the coronavirus crisis. The Caesars Cares Fund will be supported by contributions from ...

Casino sales could clear path for Caesars, Eldorado merger

In this July 3, 2015, photo, people enter Bally's casino from the Atlantic City, N.J., Boardwalk.

A casino company in the smallest state is pulling off one of the biggest deals of the year in the gambling industry, buying casinos in Atlantic City, New Jersey ...

Federal loan program opened to all small gaming businesses

The Small Business Administration is opening up a forgivable loan program to all small gaming businesses, without revenue restrictions, under guidelines released this morning. The SBA had previously ...

Passenger traffic plummets at Las Vegas airport in March

A Southwest Airlines passenger jet takes off from McCarran International Airport June 5, 2017.

Passenger traffic at McCarran International Airport was down more than 50% year-over-year in March as the coronavirus pandemic has devastated the travel industry. According to a monthly report released by ...

New COVID-19 cases confirmed at Resorts World construction site 

A view of Resorts World Las Vegas construction site on the Las Vegas Strip Wednesday, April 15, 2020.

Three new cases of COVID-19 have been confirmed at the Resorts World Las Vegas construction site, according to a news release. The latest cases, which bring to total to seven, were confirmed in ...

Record jobless filings pile up amid Nevada virus shutdown

In this March 17, 2020 file photo, people wait in line for help with unemployment benefits at the One-Stop Career Center in Las Vegas.

A record wave of Nevada residents filed new claims for jobless benefits for a fifth straight week, officials said, bringing to more than 343,000 the total since casinos and other ...