Las Vegas Business News

Clark County mulls control board to keep marijuana businesses in line

A marijuana dispensary displays a sign Monday, Sept. 28, 2015, in Portland, Ore. Nevada lawmakers modeled the state's "early start" recreational marijuana program after Oregon's. Permanent provisions won't be established until it expires Jan. 1, but the Clark County Commission is already discussing local rules that will align.

Arguing that the emerging marijuana industry demands more oversight than your run-of-the-mill business, Commissioner Marilyn Kirkpatrick on Tuesday floated the idea of creating a marijuana control board similar to the Gaming Control Board or Liquor Control Board. “People need to know we’re serious,” Kirkpatrick said. While commissioners ...

New technology helps pawn shops authenticate handbags

Michael Mack, left, and James McCracken of Max Pawn test the authenticity of a Louis Vuitton bag with the Entrupy microcamera device.

Although television shows such as “Pawn Stars” and “Hardcore Pawn” make pawn shops look glamorous, fun and profitable, those who grind it out in the industry must evaluate knockoff items daily with far fewer resources. ...

Trump wants new NAFTA deal to cut trade deficit with Mexico

President Donald Trump vowed Monday to boost U.S. manufacturing by cutting the $64 billion trade deficit with Mexico as he showcased ...

World Series of Poker sets record with nearly 121,000 entrants

Poker players compete in day 2c of the World Series of Poker Main Event at the Rio Wednesday, July 12, 2017. This year's tournament registered 7,221 players, the third-highest participation in WSOP history and the biggest total since 2010, officials said.

The World Series of Poker has had a record-breaking summer in Las Vegas. Organizers on Monday said the annual poker extravaganza shattered its attendance record with 120,995 entrants. That's an increase of ...

New Jersey casino launches daily fantasy sports

Player matchups are shown on the screen of a computer laptop in Atlantic City N.J. on Monday July 17, 2017, shortly after Resorts Casino Hotel became the first New Jersey casino to launch a daily fantasy sports site. The casino hopes to attract new customers who otherwise wouldn't patronize a casino.

New Jersey's first casino has become the first in Atlantic City to let patrons play daily fantasy sports contests for money. Resorts Casino Hotel on Monday launched FastPick, a daily fantasy sports game in ...

Marijuana’s diversity problem: Many potential black entrepreneurs are being left out of the budding industry

Owner Andre Rhodes at Nevada Wellness Center in Las Vegas, Nev. on July 3, 2017.

On one hand, you can count the number of black-owned or -operated marijuana businesses in Southern Nevada: Zion Gardens, Nevada Wellness Center, G5 Cultivation, NLV Organics and Nature’s Kindest. Sixty medical marijuana facilities and 88 dispensaries have been licensed in Nevada since ...

Run your nonprofit with a strategic business approach

To provide a valuable service, nonprofits must follow sustainable operating practices to maintain the manpower, materials, facilities and all else necessary to achieve their goals. The key to accomplishing this is to operate with the strategic approach of a for-profit business.

Customer loyalty driven by good employees

Liza Cartlidge, vice president and general manager of Sunset Station poses at the casino in Henderson Thursday, July 6, 2017.

The general manager of Sunset Station talks about the remodeling of a popular restaurant in the resort, the property’s draw for locals and the most alluring outdoor spaces she has found in Nevada.

The Notes: July 16-22, 2017

In the Notes: James Rensvold, Anthony Faranca, Mark Hawkins, Ed Huckfeldt, Lela Clark, Johnson Advisors, Orangetheory Fitness, Pulte Homes, ServPro, Banger Brewing and more ...

The List: Gaming suppliers, July 16, 2017

Find out about gaming suppliers. This week, we rank them by number of employees as of June 1.

The Data: July 16-22, 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].

Tavern owner: ‘The best is yet to come’

Sam Tibolt, owner of Proof Tavern, poses at the bar in MonteLago Village at Lake Las Vegas in Henderson Tuesday, July 11, 2017.

Sam Tibolt saw a void in gaming establishments in Lake Las Vegas as an opportunity to open his own pub in MonteLago Village. He’s taking what we learned in three years at Golden Entertainment and applying it to his bar and restaurant.

As head of National Governors Association, Sandoval will spark innovation

Nevada Gov. Brian Sandoval announces that Nevada was chosen as the new site for a $5 billion Tesla Motors car battery factory, during a press conference at the Capitol in Carson City, Nev., on Thursday, Sept. 4, 2014. Tesla CEO Elon Musk, left, also spoke about the gigafactory his company will build east of Reno, bringing an estimated 6,500 jobs. (AP Photo/Cathleen Allison)

State-level legislation impacts on our nation’s global competitiveness. And governors play a key role in determining whether their states welcome the opportunities that technology brings — or reject them. This is why Nevada Gov. Brian Sandoval’s chairmanship of ...

US retail sales fall for a 2nd month as consumers pull back

Americans curtailed their shopping in June, with less spending at restaurants, department stores and gasoline stations. The spending pullback came ...

CEO McBeath: Cosmopolitan has 'exceeded all of our forecasted numbers'

An exterior view of the Cosmopolitan Las Vegas, center, on the Las Vegas Strip Monday, Feb. 15, 2016.

“Just the right amount of wrong” is still the Cosmopolitan’s catchy slogan after almost seven years of operation on the Las Vegas Strip. After almost three years with ...

Nevada adopts emergency rules to combat weed bottleneck

People wait in line at the Essence cannabis dispensary in Las Vegas, Saturday, July 1, 2017, as recreational sales of marijuana begin.

Distributors previously operating in Nevada’s medical marijuana program may soon enter the recreational marijuana market after the Nevada Tax Commission today approved emergency regulations to reopen distribution licensing. The Nevada Tax Commission voted to let the Department of Taxation again ...

JPMorgan Chase executives optimistic about Nevada’s diversification efforts

From left are JPMorgan Chase's commercial banking executives John Simmons, Megan Ackaert and Doug Petno.

JPMorgan Chase, which has offered financial services in Las Vegas since 2008, expanded its commercial banking business to Nevada last month, part of a long-term growth plan throughout the Western region. ...

Hyperloop One had its first full-system test of ultrafast transportation system

The test sled is returned to its starting point by a tender following a Hyperloop One sled test at their facility in North Las Vegas on Wednesday, May 11, 2016.

Hyperloop One completed the first full-scale test of its hyperloop technology in a vacuum environment on May 12th, the company announced today. In the test, the company’s hyperloop vehicle — which uses ...

Value of Raiders jumps to $2.1 billion with Las Vegas move

Many Oakland Raiders fans gather to hear their third-day draft picks from the Welcome to Las Vegas sign complete with Gov. Brian Sandoval and others on Saturday, April 29, 2017.

The soon-to-be Las Vegas Raiders are worth significantly more than the Oakland Raiders, according to Forbes Magazine. The franchise experienced a 47 percent spike over ...

Experts: Scrapped electric-car plant might signal industry woes

Faraday Future unveils  their first production vehicle, the FF91, during CES week in Las Vegas, Tuesday, Jan. 3, 2017.

An electric car maker deserted its plan to construct a $1 billion manufacturing plant in southern Nevada in a move experts say could spell trouble for the company and ...