Las Vegas Business News

Girdles and socket wrenches: Sears was the Amazon of its day

A sign for a Sears department store is displayed in Hackensack, N.J., Monday, Oct. 15, 2018. Sears filed for Chapter 11 bankruptcy protection Monday, buckling under its massive debt load and staggering losses.

Before there was Amazon — or, for that matter, Home Depot or Walmart or Kmart — there was Sears. From its beginnings as a mail-order watch business in ...

Connecting tea lovers directly to farmers around the globe

A member of the Hattori Farm stands among tea plants in Uji, Japan.

Elyse Petersen, the founder of Tealet, began her career as a food scientist and eventually found herself working at a green tea plant in Japan. After realizing the origins of many tea powders can’t be traced and that farmers struggle to compete with large corporations that sell tea for less than it costs to grow, Petersen decided to create a transparent wholesale market that bridges the gap between small farmers and tea lovers worldwide.

Business notes: Oct. 15, 2018

In the Notes: Valley Health System, Kathleen Frantz, Elliot Pleitez, Levi Pleitez, Amanda Isaac, Vashti Williams, Dr. Jason Zommick, Howard Hughes Corp. and more ...

The List: Trade and professional organizations (individuals), Oct. 15, 2018

Find out about trade and professional organizations (individuals). This week we rank them by members as of Sept. 15.

The List: Trade and professional organizations (companies), Oct. 15, 2018

Find out about trade and professional organizations. This week, we rank them by member companies as of Sept. 15.

All-inclusive venue aims to make clients' events stress-free

Cecilia Medina owns Layla's Palace Banquet Hall.

Layla’s Palace Banquet Hall is an all-inclusive venue that hosts wedding ceremonies and receptions, quinceañeras, sweet 16, bar/bat-mitzvahs, debutantes, engagement parties, holiday parties and more.

Sears store in Henderson among those marked for closure

This May 11, 2017, file photo shows a Sears store in Hialeah, Fla.

The Sears in Henderson is among 142 stores the company is closing as it filed for Chapter 11 bankruptcy protection today, buckling under its massive debt load and ...

New slot machine features Willie Nelson, marijuana references

A new slot machine featuring Willie Nelson and references to marijuana is on display at the Global Gaming Expo on Thursday, Oct. 11, 2018, in Las Vegas.

A new Willie Nelson-themed slot machine really puts the pot in jackpot, with electronic reels featuring images of marijuana leaves and other nods to the cannabis subculture. Las Vegas-based slot maker Everi Holdings debuted the machine featuring the country music legend ...

Closed Lucky Dragon resort going up for auction

The Lucky Dragon resort is seen on Sahara Avenue on Tuesday, Nov. 29, 2016, ahead of its grand opening on Dec. 3, 2016.

The shuttered Lucky Dragon hotel-casino near the north end of the Strip is set to be sold to the highest bidder later this month. Built for $160 million in 2016, the property is going up for auction Oct. 30. The ...

Football helps N.J. sports bets nearly double to $184 million

The start of the pro and college football seasons led the volume of sports betting in New Jersey to nearly double in September from ...

Longtime exec named general manager at Westgate Las Vegas

Cami Christensen has been elevated to general manager of the Westgate Las Vegas, the resort announced today. Christensen began her career at the property in 2001 as the ...

Should your business lease or buy its office space?

Should your business lease or buy its office space?

For many business owners, the decision to lease or buy office space can be a difficult one.

With millennials in mind, Aruze rolls out digital craps table (but the dice are real)

A player throws the dice on an electronic Roll to Win Craps table in the Aruze Gaming booth at the Global Gaming Expo at the Sands Expo Center Wednesday, Oct. 10, 2018.

A Las Vegas gaming company hopes a new version of craps that combines a digital layout with a dealer and real dice will make the traditional casino game less intimidating and appeal to millennials and others who ...

Las Vegas Paiutes to open second marijuana dispensary with drive-thru

The Las Vegas Paiute Tribe runs the Nuwu Cannabis Marketplace at 1235 Paiute Circle, near Main Street and Washington Avenue.

A second Nevada tribal marijuana dispensary will soon be operating in the northwest valley, expected to open by early next year. The second Nuwu Cannabis Marketplace, owned ...

MLB tells casinos league should get cut from wagers on sport

In this Monday, May 14, 2018, file photo, betting odds are displayed on a board in the sportsbook at the South Point.

Major League Baseball is insisting to casino executives that the league should get a cut from wagers placed on the sport following the repeal of a federal ban on sports betting. An MLB executive ...

Dow industrials sink 831 points as tech companies plunge

U.S. stocks plunged to their worst loss in eight months on Wednesday as technology companies continued to drop. The Dow Jones Industrial Average fell 831 points. The losses were widespread, and ...

New NoMad brings unique sense of chic to central Strip

The entrance to the NoMad Las Vegas, a boutique hotel that occupies the top four floors of the Park MGM, shown Tuesday, Oct. 9, 2018.

NoMad Las Vegas, which opens Friday within the newly remodeled Park MGM, was designed to give guests a residential feel, not one of staying in a corporate-owned hotel. From the boutique rooms to the bar and restaurant, the intention is to give guests the feeling that they are ...

How esports wagering could take off like sports betting

In this Sunday Aug. 26, 2018 photo, the Indonesian team compete in the eSports exhibition at the 18th Asian Games Arena of Valor, Britama Arena, Jakarta. Esports is debuting as an exhibition sport in the on-going Asian Games and is targeted for full inclusion in four years at the games in Hangzhou, China.

As sports betting is increasingly embraced across the country, could wagering on esports eventually become mainstream?

Nevada pot sales start new fiscal year with monthly record

Marijuana concentrates are shown at Exhale Nevada during a dispensary bus tour sponsored by the Las Vegas Medical Marijuana Association Friday, April 20, 2018.

Nevada kicked off the first month of the new fiscal year with its biggest monthly marijuana sales since the state legalized pot for recreational use ...

Sports betting enters the spotlight at Global Gaming Expo

The convention floor is seen packed with attendees during the Global Gaming Expo at the Sands Convention Center in Las Vegas Tuesday, October 3, 2017.

The future of gaming will be on display this week during the Global Gaming Expo at the Sands Expo Center, where some of the biggest figures in gaming will unveil their latest products ...