Las Vegas Business News

MGM likely to focus on Strip remodels rather than new U.S. casinos, CEO says

New York-New York and Monte Carlo are reflected in the exterior glass of T-Mobile Arena on March 1, 2016. MGM Resorts International is in the midst of its “reimagining” of Monte Carlo into Park MGM and NoMad.

MGM Resorts International is done building new casinos in the U.S. and will likely spend future development dollars on remodeling its Strip properties in the same way it’s remodeling Monte Carlo, the company’s CEO says. MGM Resorts CEO Jim Murren said in a recent conference call that with the exception of a potential casino in Japan, the company ...

LVCVA chooses architect for LV Convention Center expansion

 A rendering of the Las Vegas Convention Center expansion proposal by TVS Design/Design Las Vegas.

The Las Vegas Convention and Visitors Authority board on Tuesday chose an architect for the Las Vegas Convention Center expansion, reviewed ...

Sports betting isn't legal nationwide, but firms are jockeying already

Some gambling technology companies expect the U.S. Supreme Court to legalize sports betting and are jockeying for position in the new industry months before a decision is even rendered. A lawsuit filed Thursday in Atlantic City shines some light on the scramble. NYX Gaming Group Ltd., a company based on ...

The Data: Nov. 12, 2017

All of the information your business needs: Bid opportunities, bankruptcies filed and building permits issued. To add to our data, email us at [email protected].

The Notes: Philanthropy, Nov. 12

In the Notes: ChoiceCenter Leadership University, Easter Seals Nevada, Caesars Entertainment, City National Bank, Essence Vegas, Smith’s Food and Drug, HomeAid Southern Nevada, Walker Furniture, Daltile, Nevada SPCA and more ...

For restaurateur, a little luck, pride and passion — and a lot of work — are a winning recipe

Rob Menefee bought his first restaurant at age 21 and, despite some early struggles, has no regrets.

The vice president of operations at District Tavern Group talks about the challenges of owning his own business at age 21, the evolution of the dining industry, and why he no longer hikes at Red Rock Canyon.

Venue reinvented with each event

Eli Stearns, left, and Keith Conrad stand in one of the event spaces at Enclave, a new corporate and social event venue.

Eli Stearns and Keith Conrad recently opened an event venue that is customizable by brand, audio and design. It’s close enough to the Strip to be convenient for visitors, but far enough away that it’s unaffected by inconveniences such as parking fees.

Get the most out of a chamber membership

Aside from monthly networking events, which allow members to connect with one another and form mutually beneficial business relationships, there are several lesser-known ways to take advantage of a chamber membership ...

The List: Banks and thrifts, Nov. 12, 2017

Find out about banks and thrifts. This week, we rank them by local deposits in Clark County as of June 30 ...

Industry experts share big trends and seasonal consumer habits tied to traditional retail

In this Friday, Nov. 23, 2012, file photo, Tashalee Rodriguez, of Boston, uses a smartphone app while shopping at Macy's in downtown Boston.

The local office of commercial real estate giant CBRE brought together real estate, retail and economic experts from their national and local offices recently, to speak to the media and review economic trends for the holidays and the coming year. Here are five takeaways from the discussion. ...

Mandalay Bay staff reduction result of Oct. 1 shooting attack

Although open for business, the Mandalay Bay casino floor remains calm and quiet Tuesday Oct. 3, 2017, two days after a mass shooting occured Sunday night at an outdoor country music festival Sunday night.

MGM Resorts International is laying off workers at Mandalay Bay because of the economic effects of the Oct. 1 shooting ...

Green Valley Ranch workers vote to join union

Workers at Green Valley Ranch, a resort owned and operated by Station Casinos, celebrate Nov. 9 after voting to unionize. About 900 of the resort's workers will be represented by the Culinary Workers Union Local 226 and Bartenders Union Local 165.

A third Station Casinos property in Las Vegas is now a union shop after workers at Green Valley Ranch voted Nov. 8-9 to join the Culinary Workers local 226 and the Bartenders Union Local 165. According to a statement released ...

Southern Nevada home prices cool, but still up 13.4 percent from 2016

Home prices have been appreciating steadily at about 10 percent annually for the past few years. Although that pace may be cooling heading into the fall, GLVAR President David J. Tina said he still has a positive outlook for the local housing market.

The median price of existing single-family homes in Southern Nevada in October was $263,000, down slightly from September, but still up 13.4 percent from October 2016, according to statistics from the Greater Las Vegas Association of Realtors. ...

TripAdvisor icon will identify hotels where sexual assaults occurred

The company logo for the travel website TripAdvisor hangs at the company's headquarters, Thursday, Nov. 2, 2017, in Needham, Mass.

Responding to what one travel expert categorized as “a wakeup call,” TripAdvisor has begun placing symbols next to hotels and resorts that have been identified as locations of sexual assault and other major concerns ...

Survey: Keeping on top of advancing tech main challenge of small-business owners

Almost half of the nation’s small-business owners said their top challenge is staying ahead of rapid changes in technology, according to a new national survey by Microsoft Store. ...

Zipline to be added to the Linq in 2018

A rendering of the zipline Caesars Entertainment is adding to the Linq next year.

Caesars Entertainment is building a zipline that will run from a 122-foot launch tower near the Las Vegas Strip 1,080 feet to the base of the High Roller Observation Wheel at the Linq, the company announced today. The zipline attraction will be named the Fly Linq and will be able to carry 10 people at once over the Linq Promenade, the open-air mall situated between ...

MGM’s Murren: Shooting, marketing pause will have impact on fourth quarter

A view of the MGM Grand as seen from Rivea at Delano Las Vegas on Feb. 2, 2016.

MGM is reporting third-quarter net income of $149.1 million, its first quarterly financial report since a deadly mass shooting at its Mandalay Bay property in early October. The shooting did not ...

Amazon seeks to add veterans to workforce

Myrtice Harris packages products for shipment at an Amazon fulfillment center in Baltimore in August. The company plans to hire 25,000 veterans in the next five years.

When service members exit the military, acclimating to civilian life can be tricky — especially when it comes to employment. Looking to ease their transition, Amazon has been looking to bolster its staff with veterans. The e-commerce giant, which has two fulfillment centers and a distribution center in North Las Vegas, hopes to add up to 25,000 vets to the payroll in the next five years. ...

Nightclub, celebrity chef restaurants among Palms overhaul

An exterior view of the Palms Casino Resort, June 6, 2013.

The overhaul of the Palms hotel-casino in Las Vegas now also includes new nightlife offerings, as well as celebrity chef restaurants. Parent company Station Casinos today announced ...

Police: Las Vegas man arrested after robbing casino 3 times

M Resort Spa Casino, which opened in Henderson on March 1, was designed to attract visitors and locals alike by offering unique amenities.

Police say they have arrested a man who robbed a casino in Henderson three times, stealing more than $60,000. Henderson Police say Gregory Bolusan was armed with a ...