Las Vegas Business News

Report: Southern Nevada home appreciation continues to lag

A view of homes from a Vegas Balloon Rides craft floating over the western edge of Las Vegas, Oct. 18, 2013.

Las Vegas-area homes are appreciating at their lowest rate in the past seven years. That’s according to numbers released this week from the Greater Las Vegas Association of Realtors. For May, and for the third consecutive month, median existing home prices in Southern Nevada continued to hover around the $300,000 mark. The year-over-year increase of just under ...

Big numbers for World Series of Poker opening weekend

Crowds fill the tables during the World Series of Poker Colossus event Friday, May 29, 2015, in Las Vegas. Thousands of people entered the event with a relatively inexpensive $565 buy-in.

The World Series of Poker is more popular than ever. That’s based on the number of entries into the WSOP’s 50th anniversary opening weekend tournament, dubbed the Big 50. The $500 buy-in tournament had more than ...

Green Thumb Industries grows west, closes Essence cannabis deal

A view of the lobby at the Essence Cannabis Dispensary, 4300 East Sunset Road in Henderson, on Monday, Oct. 24, 2016. The company has three locations in the Las Vegas Valley, including one on the Las Vegas Strip.

The sale of one of Las Vegas’ largest marijuana dispensary and cultivation operations has been finalized. Chicago-based Green Thumb Industries announced this morning that ...

El Dorado Cantina opening second Las Vegas location

An exterior view of El Dorado Cantina, 3025 Sammy Davis Jr Dr., Wednesday Nov. 28, 2018.

El Dorado Cantina will soon have a second Las Vegas Valley location. The Mexican restaurant is expected to open late this summer at Tivoli Village on the valley’s west side, according to ...

Builder picked for MSG Sphere at the Venetian

Rob Goldstein, Las Vegas Sands president and COO, gestures toward a rendering of the MSG Sphere at the Venetian during a groundbreaking ceremony for the project near Koval Lane and Sands Avenue, Thursday, Sept. 27, 2018. The new venue is expected to be completed in fiscal 2021 (July 1, 2020-June 30, 2021).

AECOM was the general contractor for Las Vegas’s T-Mobile Arena and built Mercedes-Benz Stadium in Atlanta, which hosted the Super Bowl in February ...

Judge: Internet wagering law only applies to sports gambling

A federal judge ruled Monday that a law prohibiting interstate wagering applies only to sports gambling, setting aside a Justice Department opinion that some feared put states in danger of losing their lotteries and ...

Demolition begins for Golden Knights arena in Henderson

Vegas Golden Knights defender Deryk Engelland smashes a puck through the glass window of the old Henderson Convention Center as a celebration for the Vegas Golden Knights Henderson ice hockey facitity that will be built in it's place.  Monday June 3, 2019.

Golden Knights defenseman Deryk Engelland took his spot on the platform, played with a puck for a moment then fired it at a piece of glass, shattering it in front of a cheering crowd. The shot kicked off demolition this morning of the downtown Henderson Convention Center, which the team is converting into ...

Vintage Vegas: Ellis Island's 90-year-old pit boss has seen it all

Ninety-year-old Ellis Island pit boss Pete Berger poses for a photo at Ellis Island on Friday, May 31, 2019. He turns 91 on Tuesday.

Pit boss Irving “Pete” Berger diligently walks around the table games area at Ellis Island monitoring the action with his hands clasped behind his back. Berger is in his element. He ...

40 Under 40 Alumni: Kathy Topp and Guerin Senter

Kathy Topp, president and owner of Red 7 Communications, poses in the lobby of the company's offices Tuesday, April 30, 2019.

Kathy Topp and Guerin Senter are former honorees of VEGAS INC's 40 Under 40 awards. We caught up with them ...

People on the Move: June 3, 2019

In the Notes: FlixBus, Sheila Hernandez, Camp Transformation Center, Omar Saucedo, Mary Beth Higgins, Brenda Roubidoux Taylor and more ...

Plaza renovation another piece of downtown’s renaissance pie

Plaza CEO Jonathan Jossel gives a tour of the hotel renovation project inside the Plaza, downtown, Friday, May 3, 2019.

A trip to Fremont Street these days will offer views of the first ground-up casino to be built Downtown in decades.

Restaurant owner aims for authenticity, joy in family-oriented business

Vanessa Barreat and her husband Raul Martinez-Olmos, owners of Pico De Gallo, pose for a photo inside their restaurant Wednesday, April 17, 2019.

“This is not a restaurant, it is a love story — of family, food, culture, history, humanity, art, expression and cuisine shared via recipes full of authenticity and joy,” says Vanessa Barreat, owner of Pico De Gallo.

MGM Resorts cutting 557 jobs in final round of layoffs

Jim Murren, chairman and CEO of MGM Resorts International, speaks before a public policy panel discussion at the Bellagio Tuesday, April 23, 2019. The panel was part of the inaugural symposium of the MGM Resorts Public Policy Institute at UNLV.

MGM Resorts International announced today it is eliminating 557 more jobs in a “second and final round” of layoffs as part of a company reorganization.

Las Vegas Strip, Tahoe casino winnings down in April

Gambling regulators say April was down month for Nevada casino winnings compared with a year ago, coming in under $1 billion for ...

Las Vegas considering stadium for Major League Soccer team

Las Vegas Lights' Irvin Parra (11) is congratulated by teammates after scoring against the Tacoma Defiance at Cashman Field Saturday, April 13, 2019. The Lights shut out the Defiance 5-0.

Las Vegas is taking another stab at bringing Major League Soccer to the city. The Las Vegas City Council will consider a proposal next week to enter into a negotiating agreement for a downtown stadium and to make a pitch to the MLS to turn the Las Vegas Lights FC into ...

Report: Lake Mead visitors spent about $336 million in 2018

People prepare to launch watercraft as wind kicks up dust on an area that was once under water at Boulder Harbor boat ramp in Lake Mead National Recreation Area on Monday, May 18, 2015, near Boulder City.

Visitor spending around Lake Mead National Recreation Area held steady last year, according to a report from the National Park Service. The report, released Tuesday, estimated that Lake Mead visitors spent about $336 million within a 60-mile radius around the park in 2018. That figure matches the ...

Wynn Resorts backs CEO Maddox, pays Massachusetts fines

In this Jan. 2, 2019, file photo, construction continues on the Encore Boston Harbor luxury resort and casino in Everett, Mass., being built by Wynn Resorts.

The Wynn Resorts board of directors today fired back at the Massachusetts Gaming Commission, which last month decided to fine Wynn CEO Matt Maddox. On April 30, the commission levied a ...

Spruced-up El Cortez will keep old-time charm, owner says

A view of the lobby at the El Cortez in downtown Las Vegas Wednesday, May 22, 2019.

In a world where corporate-owned casinos and hotels are now the norm, the El Cortez is a throwback. The same goes for co-owner Kenny Epstein. The frontman for the small group that owns the ...

The Notes: Philanthropy, May 27, 2019

In the Notes: James and Melissa Holzhauer, Sands Cares, Current Initiatives, Nevada Public Radio, College of Southern Nevada, Lyft, Shade Tree and more ...

Roseman University physician doing the work to improve access to health care

"I sat side-by-side with my now 99-year-old grandmother in her recliner listening to her regale stories of patients she cared for during World War II and beyond as a naval nurse," says Dr. Christine Quartuccio-Carran. "Her relationships, experiences and empathy are some things that still inspire me today."

In October, the Valley Health System was accredited for a family medicine residency program, and in July, its first two 10 residents will begin their training in it as the state works toward reducing the shortage of primary care physicians serving Nevada’s growing population. Dr. Christine Quartuccio-Carran, an assistant professor at Roseman University of Medicine, is the associate program director.