Las Vegas Business News

The List: Homebuilders, April 9, 2018

Find out about homebuilders. This week, we rank them by by 2017 sales volume (excludes first-time sales on high-rise units).

Report: Las Vegans still struggling with debt, money management

Report: Las Vegans still struggling with debt, money management

In a recent look at Southern Nevadans’ finances, Las Vegas Valley residents have some of the worst credit scores, debt ratios and money management habits in the nation ...

People on the Move: April 9, 2018

In the Notes: Association of Gaming Equipment Manufacturers, KTGY Architecture + Planning, Barry Harrison, Cal Regan, Foundation Assisting Seniors, Beverly Hills Rejuvenation Center, Las Vegas Hospitality Association and more ...

Honky tonk hairstylist excited to help 'decide the direction' of downtown Las Vegas

Larry Reha, owner of Makeshift Union, 1130 S. Casino Center Blvd., poses in his cutting and grooming salon Friday, Feb. 16, 2018.

Salon owner Larry Reha opens up about the winding road he took to owning a successful business, talks about what sets Makeshift Union apart and explains why he is never offended when a client doesn't tip.

2017 Atlantic City visitors lowest in 30 years, report says

This July 11, 2014, aerial photo shows the Atlantic City, N.J., beachfront with many of its Boardwalk casinos.

Tourist visits to the city last year were the lowest since the early 1980s, according to a recent report from the Lloyd D. Levenson Institute of Gaming, Hospitality & Tourism at Stockton University, but officials believe ...

Station Casinos forces Reno's Feast restaurant to change name

The feast will go on — but not as Feast. The Midtown Reno restaurant must change its name following a deal with Station Casinos Inc., the holder of two ...

Las Vegas housing supply remains tight; average sales price again increases

This 2016 photo shows a Las Vegas home for sale.

The average price for an existing single-family home sold in Las Vegas last month was $280,000, according to the Greater Las Vegas Association of Realtors. Home prices increased 1.8 percent from February and 15.7 percent from March 2017. Also, the average sale price of townhouses and condos was $160,000, or a spike of 30.1 percent from the same time last year. The total number of existing local homes, condos and townhouses sold during ...

Nevada’s outdoor recreation industry is organizing

Shaina Savoy rock climbs at Red Rock Canyon, Monday, Jan. 15, 2018.

With the recent creation of the Nevada Outdoor Business Coalition, the recreation industry is growing.

MGM Growth Properties buying Ohio casino

MGM Growth Properties of Las Vegas said Thursday morning it plans to buy the Hard Rock Rocksino in Northfield for about $1.06 billion. MGM said in a news release that it plans to fund the purchase with ...

New Amazon facility to create 1,000 jobs in North Las Vegas

An Amazon fulfillment center is shown in a commercial development near Interstate 15 and Tropical Parkway in North Las Vegas Tuesday, Dec. 5, 2017.

Online retailer Amazon said today that it will build another warehouse packing and distribution center in North Las Vegas. The facility should open next year on 800,000 square feet (74,322 square meters) of vacant land east of Interstate 15, not far from the Las Vegas Motor Speedway, the Seattle-based company and city of North Las Vegas said in statements. Officials project it will generate more than ...

County to request millions in federal housing funds

The Community Development Advisory Committee today recommended six projects for a requested total of more than $6.6 million in state and federal funding ...

County officials OK selling bonds for Raiders stadium in Las Vegas

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

Clark County commissioners today approved the sale of bonds for construction of a $1.8 billion, 65,000-seat stadium where the NFL’s Raiders and UNLV will play football. “The next step is to price the bonds and to get them sold ...

Nevada gas prices hit $3 mark first time since September 2015

Gas prices at Nevada pumps have hit the $3 mark for the first time in 2.5 years. AAA Nevada reported today that the average price for a gallon of ...

Former Atlantic City casino moving toward reopening

The Revel casino is seen Thursday, Feb. 14, 2013, in Atlantic City.

Atlantic City's former Revel casino is moving toward its reincarnation as the Ocean Resort Casino. The Boardwalk property said Monday it's affiliating with the Hyatt hotel chain. The announcement came on the sixth anniversary of the ...

Commercial real estate attorney: Without litigators, negotiations are vulnerable

Mark Goldstein is of counsel at Bailey Kennedy Attorneys at Law

The of counsel for commercial real estate at Bailey Kennedy talks about the influx of large, national companies in Clark County and ways tenants can maximize the value of their rental agreements.

AP analysis: Blacks largely left out among high-paying jobs

Architect Jonathan Garland poses for a photo on the construction site of a building he helped design in the Mattapan neighborhood of Boston on Tuesday, March 27, 2018. Garland is part of another minority -- black workers in U.S. metro areas in lucrative fields. An Associated Press analysis of government data has found that black workers are chronically underrepresented as compared with whites in high-salary jobs in technology, business, life sciences, and architecture and engineering, among other fields.

Jonathan Garland's fascination with architecture started early: He spent much of his childhood designing Lego houses and gazing at Boston buildings on rides with his father away from their largely minority neighborhood ...

Marijuana-friendly states want meeting with Sessions

 In this Dec. 15, 2017, file photo, United States Attorney General Jeff Sessions speaks during a news conference at the Justice Department in Washington.

California, Oregon and other marijuana-friendly states are seeking a meeting with U.S. Attorney General Jeff Sessions in hopes of resolving the conflict between federal and state laws that has left the ...

DraftKings seeking casino partners for sports betting

In this Wednesday, Sept. 9, 2015, photo, an employee in the software development department of DraftKings, a daily fantasy sports company, walks past screens displaying the company's online system stats in Boston.

DraftKings says it has contacted potential casino partners in New Jersey with an eye to offering sports betting if the U.S. Supreme Court legalizes it. The Supreme Court is considering the state's challenge to a law limiting sports betting to just four states. A ruling could come as ...

Virgin to remodel, rebrand Hard Rock Hotel

Virgin Group founder Richard Branson speaks at a news conference Friday, March 30, 2018, in Las Vegas.

Virgin Hotels has acquired the Hard Rock Hotel with plans to remodel and rebrand the off-Strip property. “Somebody once said to me that if there is any company that can take over for Hard Rock, it’s ...

Photos: A look inside Jerry Lewis' Scotch 80s house for sale in Las Vegas

A look at one of the bedrooms in Jerry Lewis' home located in the Scotch 80s neighborhood, which was listed this week for $1.4 million. Lewis, who died in August 2017, lived at the property for 30 years, according to the listing.

The 7,325-square-foot house near Interstate 15 and Charleston Boulevard was listed this week for $1.4 million. Lewis, who died in August, lived at the property for 30 years, according to the listing ...