Las Vegas Business News

Raiders impact: Team's facility making St. Rose Parkway hot commodity

Henderson Mayor Debra March is shown after announcing that the Raiders headquarters will be located in Henderson, during her State of the City address at Green Valley Ranch Resort on Wednesday, Jan. 10, 2018.

Land near the planned Raiders corporate offices and practice facility along St. Rose Parkway in Henderson has become a hot commodity. Stable Development won a competitive bidding war before Tuesday’s Henderson City Council meeting, with a winning bid of $8.25 million, for a 8.15-acre parcel on St. Rose Parkway and Spencer Street. The group plans to build “The Village,” a mixed-use project with ...

Philly-area investors bet on Las Vegas sports gambling network being the next CNBC

Brent Musburger tapes a show at the Vegas Stats & Information Network studio, at the South Point in Las Vegas on Aug. 11, 2017.

SeventySix Capital, the Conshohocken-based venture capital firm, is placing a bet on the growing sports gambling industry. The firm announced a strategic investment Monday in Vegas Stats & Information Network, a Las Vegas-based media network that ...

San Manuel Casino expansion heats up already hot SoCal market

San Manuel Casino will break ground today on a $550 million expansion that will elevate the former San Bernardino County bingo hall into a major player in ...

MGM Springfield ready to roar in new advertising campaign

This April 24, 2018, aerial photo shows construction progress on the MGM Casino complex in downtown Springfield, Mass.

The grand opening of MGM Springfield — a $960 million casino and entertainment complex — is now just a month away, and the gambling giant Monday rolled out a glitzy, multimedia advertising campaign targeting ...

Union, casinos continue to reach labor agreements

The exterior of Binion's Gambling Hall and Hotel on June 14, 2016.

Casinos in Las Vegas and unionized workers continue to reach labor agreements two months after thousands of housekeepers, bartenders and others threatened to go on strike. Members of the Culinary Union on Monday reached a tentative deal with Four Queens and ...

Atlantis casino in Reno to stop offering plastic straws

The Atlantis casino-resort in Reno will stop asking customers if they'd like a plastic straw with their drink ...

UNLV, German research company working on autonomous delivery truck

UNLV is joining a German research company to develop an autonomous delivery truck, the university announced on Monday. The project is a collaboration among UNLV, Fraunhofer IVI, a German transportation research company, and ...

World Series of Poker drew record 123,865 players this year

John Cynn, left, calls after Tony Miles goes all-in during the World Series of Poker Main Event at the Rio Sunday morning, July 15, 2018.

The World Series of Poker has set an attendance record for the sixth consecutive year. Organizers on Monday announced the 50-day poker extravaganza in ...

How the safety net for Raiders stadium funding works

An artist's rendering of the stadium being built in Las Vegas where the Raiders and UNLV will play football.

Some residents have wondered what would happen with the construction of the Las Vegas stadium if room-tax revenue fell short of the $750 million in public contributions. First, that’s highly unlikely, officials say. But, even if hotel room tax revenue began to dip below required amounts for a prolonged time, a reserve ...

Veteran dedicated to improving lives of children, Gold Star families in Southern Nevada

John Coogan is president of the Golden Knights Foundation and the Folded Flag Foundation.

Meet John Coogan, who heads two local nonprofit organizations — the Golden Knights Foundation and Folded Flag Foundation.

The Notes: Philanthropy, July 23, 2018

In the Notes: Nevada State Bank, Foundation Assisting Seniors, Cox Communications, Findlay Automotive Group, Safe Nest, NeighborWorks America, Smith Center for the Performing Arts, College of Southern Nevada Foundation and more ...

The List: Gaming supply companies, July 23, 2018

Learn about available commercial space. This week, we rank it by available square feet as of June 1.

NCAA to study possible effects of widespread legal wagering

In this Thursday, June 14, 2018, file photo, bettors wait to make wagers on sporting events at the Borgata casino in Atlantic City, N.J., hours after it began accepting sports bets. New Jersey regulators have received five additional applications from gambling companies seeking to start offering sports betting before football season starts in September.

The NCAA announced Thursday it will create a working group of "subject matter experts" to assess areas such as officiating, NCAA rules, federal and state laws ...

Las Vegas clothier suits Bryce Harper perfectly

Las Vegas native Bryce Harper shows off his Stitched suit while walking the red carpet at the MLB All-Star game on July 17, 2018, in Washington, D.C.

Las Vegas native Bryce Harper dominated the red carpet on Tuesday as he strutted down the aisle in a custom navy blue and red windowpane suit. With his flashy and unique suits, Harper has become somewhat of a fashion plate in professional baseball ...

Poker’s Chris Moorman says move to Las Vegas good for his game

Chris Moorman, a native of England, cut his poker teeth on the online sites Poker Stars, Full Tilt and 888poker before competing in the World Series of Poker. With more than $15 million in online earnings, he holds the record for ...

Report: States should be cautious as they look to sin taxes for revenue

So-called sin taxes on alcohol, tobacco and gambling are not a reliable source of state revenue, authors of a new research report warn. Sin taxes are volatile and likely to shrink as more states look to ...

Panic button maker displays devices that protect hotel workers

Chief Product Officer David Simpson demonstrates how a button activates the MadeSafe alert system, which identifies the location of employees in distress, at the Cosmopolitan, Wednesday, July 18, 2018.

When a housekeeper at many Las Vegas hotels feels their well-being is threatened or comes across a guest having a medical emergency, the solution to a fast response is closer than ever ...

FanDuel Group to launch online sports betting and casino

In this Saturday, July 14, 2018, photo a clerk hands a sports betting ticket to a gambler at the Meadowlands Racetrack in East Rutherford N.J., minutes after it started accepting sports bets. FanDuel Group says it plans to offer sports betting for the track, and a full internet casino operation in time for the start of football season in September. Sports betting in New Jersey began last month, generating $16.4 million in bets during its first two weeks.

FanDuel Group says it will launch online sports betting and an internet casino, hopefully in time for the start of football season. FanDuel, which is mostly owned by Ireland-based Paddy Power Betfair, will provide online ...

UNLV breaks ground on research and tech park

Diane Chase, left, UNLV's executive vice president and provost, and Marta Meana, acting president of UNLV, during a groundbreaking ceremony for the first innovation building in the Harry Reid Research & Technology Park (UNLV Tech Park) on West Sunset Road near Durango Drive Tuesday, July 17, 2018.

UNLV broke ground today on the Harry Reid Research and Technology Park. The university marked the start of construction on a $35 million, four-story building, the first ...

State gets 5 more sports betting applications

In this Thursday, June 14, 2018, file photo, bettors wait to make wagers on sporting events at the Borgata casino in Atlantic City, N.J., hours after it began accepting sports bets. New Jersey regulators have received five additional applications from gambling companies seeking to start offering sports betting before football season starts in September.

New Jersey regulators have received five additional applications from gambling companies seeking to start offering sports betting before football season starts in September ...