Las Vegas Business News

The Notes: Philanthropy, May 7-13

In the Notes: Nevada Partnership for Homeless Youth, Bank of America, Habitat for Humanity, HELP of Southern Nevada, Junior League of Las Vegas, Las Vegas Firefighters Local 1285, Susan G. Komen Breast Cancer Foundation, Henderson Give, Piero’s Italian Cuisine, McDonald’s and more ...

8 May 2017
By VEGAS INC Staff

Classic look, modern sound

Steve Harrington owns Henderson-based Retro Manufacturing, which custom-designs modern stereo systems to fit classic cars. This one fits the dashboard of a Chevrolet Bel Air.

Listening to the radio is such an essential part of driving a car, and no more need be the days of endlessly twisting nobs, combing through the airwaves in search of an audible AM radio station with a bearable amount of static. Retro Manufacturing, based in Henderson, is the world’s largest manufacturer of shafted radios for classic cars. The company, founded nearly 10 years ago in Chino, Calif., moved here in October of 2013.

8 May 2017
By Jesse Granger

Brokerage president's advice: Every day, be a little better than you were the day before

Mary Thompson, president of Capstone Brokerage, poses in the company offices Thursday April 13, 2017.

The president of Capstone Brokerage talks about the importance of a positive attitude in business, the benefits of accountability in the workplace and the value of simply dancing.

8 May 2017
By Rebecca Clifford-Cruz

Café owner: ‘Simplicity is key, but we won’t cut corners’

Emily Palmer, owner of Le Petit Café & Bakery, in Las Vegas, Nev. on April 11, 2017.

Emily Palmer found her inspiration in France, and has brought the everyday French experience to the Las Vegas Valley — the quaint, cozy and welcoming version of casual dining, not the haughty caricature many assume such cafés to be.

8 May 2017
By Rebecca Clifford-Cruz

Don’t seek greener pastures — water the grass

The Las Vegas Business Academy provides financial aid and a network of mentors to graduate students. Four scholarship students in the class of 2017 shared why they plan to stay and invest in their city.

8 May 2017
By Las Vegas Business Academy graduates

The Data: May 7-13

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].

8 May 2017
By Las Vegas Sun Staff

A 'young disorder': Fighting compulsive gambling among women

Marilyn Lancelot, who was arrested for embezzling $350,000 from her job after being a compulsive gambler for seven years, in her home in Sun City, Ariz., April 26, 2017. Experts say gambling addiction among older women near or in retirement appears to be increasing in scope and severity, with many losing significant amounts of money and jeopardizing their futures.

Blinking lights, the clicking sound of coins, and perks like free or inexpensive food, drinks and casino bus trips are enticing many older women to gamble. For some people, that seductive environment can be extremely dangerous ...

8 May 2017
By Tanya Mohn, New York Times News Service

Q+A: ESPN host Virk confident NHL, NFL can work in Las Vegas

ESPN's Adnan Virk moderated "Making It In the Major Leagues: How A Viral Video on Funny or Die Became the IFC Series 'Brockmire'” at the NAB Show in Las Vegas.

Adnan Virk’s professional history places him in the middle of a Venn diagram of the Las Vegas sports scene in 2017. ...

6 May 2017
By Adam Candee

How major US stock market indexes fared on Friday

A solid pickup in hiring last month helped push the stock market to record highs Friday. The gains were driven by energy ...

5 May 2017
By Associated Press

US jobs report points to a healthy drop in underemployment

A burst of hiring in April provided a reassuring sign for the U.S. economy, reducing unemployment and bringing a broader gauge of the job ...

5 May 2017
By Christopher S. Rugaber, Associated Press

North Las Vegas takes steps to expedite construction permitting

A view of the North Las Vegas City Hall Tuesday, Nov. 12, 2013.

In an effort to spur economic growth, North Las Vegas has started a program to streamline the permitting process for construction.

5 May 2017
By Mick Akers

Statistician's tips on increasing your odds at blackjack in Las Vegas

Although 6-5 blackjack is becoming more prevalent in Las Vegas casinos, mathematician Michael Shackleford says to look for the full 3-2 payout on a winning blackjack.

Michael Shackleford, a gambling aficionado and a mathematician, offers five tips to win at the blackjack table. As the owner of the The Wizard of Odds website, the former actuary and adjunct professor of casino math at the UNLV has spent countless hours calculating ...

5 May 2017
By Thomas Moore

Red Rock Resort revenues up in 1Q

A view of the hotel tower at the Red Rock hotel-casino in Summerlin Saturday, Oct. 24, 2015.

Economic growth, renovation and redevelopment were the watchwords in the first-quarter earnings call for Red Rock Resorts, which owns and operates locals giant Stations Casinos.

4 May 2017
By Thomas Moore

Tesla helps boost state jobs projections

The steel frame is seen under construction at the new Tesla Motors Inc., Gigafactory, Tuesday, July 26, 2016, in Sparks, Nev. It's Tesla Motors biggest bet yet: a massive, $5 billion factory in the Nevada desert that could almost double the world's production of lithium-ion batteries by 2018. (AP Photo/Rich Pedroncelli)

High wages and job growth have helped push the state’s revenue projections up by millions of dollars for the next two years. ...

4 May 2017
By Yvonne Gonzalez

Turner Sports exec bullish on Las Vegas as e-sports hub

Teams compete during the Dreamhack Masters e-sports tournament Feb. 17 at the MGM Grand Garden Arena.

Keeping a keen eye on how the e-sports industry is accepted in Las Vegas is Turner Sports with its Eleague, broadcasting shows on TBS and online via Twitch, one of the most popular video platforms for gamers. ...

4 May 2017
By Mick Akers

Rental prices in Las Vegas Valley rising in step with sales prices

A view of The Lido apartments, formerly the Camden Legends Apartments, 2501 Wigwam Parkway, in Henderson April 26, 2016.

The lack of available homes, which drives up sales prices in Southern Nevada, continues to have an effect on the local rental market as well. The average monthly rent for a family-sized home in the Las Vegas Valley climbed to $1,328 per month, a jump of ...

4 May 2017
By Adam Candee

Hearing for brothel owner set for May 17

>A show cause hearing has been set for May 17 to address a pair of code violations involving six prostitutes at one of Dennis Hof’s Nye County brothels. ...

3 May 2017
By Mick Akers

Flush with cash, Fertittas launch investment firm

Lorenzo Fertitta, shown in 2013, and his brother Frank this week announced the launch of Fertitta Capital, a private investment firm seeded with $500 million of personal money.

Less than a year after selling the UFC, the Fertitta brothers officially launched their latest business, Fertitta Capital, employing some of the same people with whom they worked in the mixed martial arts company. Monday was the official launch for Fertitta Capital, an investment company that will be led by CEO Nakisa Bidarian. Frank and Lorenzo Fertitta will be throwing in ...

3 May 2017
By Thomas Moore

More renovations coming as Caesars emerges from bankruptcy

One of the many sculptured angels is shown at Caesars Palace on Wednesday, Aug. 5, 2015.

With the end of Caesars’ bankruptcy in sight, questions during the conference call to review first-quarter earnings turned to investments the company is making in ...

2 May 2017
By Thomas Moore

Commissioners mixed over recommendations on recreational marijuana

Clark County commissioners had mixed reactions to an advisory panel’s recommendations today for overseeing recreational marijuana businesses. The recommendations from the Clark County Green Ribbon Marijuana Advisory Panel are ...

2 May 2017
By Chris Kudialis
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