Las Vegas Business News

Sands Bethlehem fined for underage visitors, state says

In this file photo from Friday, May 22, 2009, patrons pass under the entrance marquis to the Sands Casino Bethlehem when it opened its doors to the public for the first time, in Bethlehem, Pa.

Pennsylvania casino regulators approved fines Wednesday against the operator of Sands Casino Resort Bethlehem for three alleged incidents of visitors under ...

Macy's plans to close 100 stores, boost online investment

In this July 10, 2015, file photo, shoppers walk into a Macy's department store at the Hanover Mall in Hanover, Mass.

Macy's said Thursday it plans to close about 100 stores next year and boost its online investments as the nation's largest department store chain tries to become more nimble in an increasingly fierce market. The closures represent ...

US stock indexes edge higher in early trading; oil up

U.S. stocks edged higher in early trading Thursday as investors sized up quarterly results for big department store chains and ...

US stocks close modestly lower as oil slumps

A sharp sell-off in energy companies pulled U.S. stock indexes modestly lower Wednesday, wiping out small gains from the day before ...

Former NBA commissioner to speak on sports betting at Las Vegas conference

NBA Commissioner David Stern speaks to the press at Encore Las Vegas, Thursday July 19, 2012.

Former NBA Commissioner David Stern will be a featured speaker at the American Gaming Association’s Global Gaming Expo next month in Las Vegas. Stern, long a proponent of ...

With restrictive ruling on noncompetes, casinos could be forced to adjust

With restrictive ruling on noncompetes, casinos could be forced to adjust

In 2012, after several years working as an executive casino host for the Atlantis Casino Resort Spa in Reno and at Harrah’s before that, Sumona Islam took a job with the Grand Sierra Resort three miles away. One problem: Islam had signed a noncompete agreement preventing her from taking the job. Not long after Islam defected to the Grand Sierra, Atlantis sued. Its lawyers alleged a violation of the agreement and said ...

Tony Hsieh: What I regret about pouring $350 million into Las Vegas

Tony Hsieh, CEO of Zappos, attends a groundbreaking ceremony for Fremont9, a new apartment complex at East Fremont and Ninth streets, on Monday, May 16, 2016, in downtown Las Vegas.

In 2013, Zappos CEO Tony Hsieh relocated his Amazon-owned shoe company to Las Vegas' downtown district, taking over the building that was once city hall in the rundown area ...

Apartment developer talks state of Las Vegas rental market, risk of on-site retail tenants

Rodman Jordan of Centura Development Co. is heading up several apartment projects in Las Vegas, such as one shown Tuesday, Aug. 9, 2016, at Fort Apache Road and Hacienda Avenue.

Las Vegas apartment developers are some of the busiest builders in the valley, opening projects that often charge above-average rents and offer a big menu of amenities. Locally based firms including account for much of the construction, but now a group out of Dallas is ...

Court again says New Jersey can't legalize sports betting

A federal appeals court on Tuesday dealt another defeat to New Jersey's yearslong attempt to legalize sports betting, setting aside the state's challenge to ...

Las Vegas-area home purchases sink while prices climb

This February 2016 photo shows a house for sale in the Las Vegas Valley.

Las Vegas home prices rose last month amid a drop in purchases. The median sales price of single-family homes in Southern Nevada in July was ...

New parking fees at Florida Hard Rock Hotel prove unpopular

Casino spokeswoman Nikki Yourison said the Hard Rock plans to improve security in its garages by adding officers and better lighting. But she declined to say whether the new parking fee was needed to ...

Nevada among 43 states in bank rate settlement with Barclays

Nevada is among 43 states and the District of Columbia expected to receive a share of a $100 million settlement in a case alleging that Barclays Bank improperly set key interest rates that ...

The List: Subcontractors, Aug. 7, 2016

Find out about chambers of commerce. This week, we rank them by number of permanent full- and part-time employees as of June 27.

Private jets are ready to take off again

Sales Vice President Cameron Gowans with Brazilian airplane manufacturer Embraer shows off one of its new private jets, the Legacy 500, at Atlantic Aviation Services about McCarran International on Friday, June 9, 2016.

They might be symbols of extravagance, but “executive jets,” falling under what the aerospace industry calls “business aviation,” also are business tools that promote efficiency, according to a leading manufacturer from Brazil. They allow companies to avoid the headaches commonly associated with air travel: long lines, security hassles and lost baggage. Most important, they save time. “They are business tools,” said Cameron Gowans, Embraer’s vice president of sales in the western U.S. “It gives companies a direct A to B.” Many of those jets find their way to Las Vegas, a fact famously illustrated in ...

The Notes: Philanthropy, Aug. 7-13

Employees of Brownstein Hyatt Farber Schreck participated in a clean-up day at Halle Hewetson Elementary School, the school they’ve adopted for the academic year.

In the Notes: Brownstein Hyatt Farber Schreck, Catholic Charities of Southern Nevada, United Way of Southern Nevada, Greater Las Vegas Association of Realtors, Habitat for Humanity and more ...

‘I believe in the growing potential of everyone’

Cesar Malaga opened Müller Construction the day after receiving his green card.

The president of Müller Construction talks about working on CityCenter, compares the construction industries in the United States and his native Peru, and explains why Las Vegas was the right place for him to open his business.

Developers say going green just as vital indoors as outdoors

Eric Cohen, left, and Douglas Eisner, managing directors of the Calida Group, pose in the company's offices Thursday, July 21, 2016. Eisner holds his dog Penelope, a 3-year-old Cavalier Spaniel-poodle mix.

The Calida Group’s Douglas Eisner and Eric Cohen aim to bring luxury living to the next level, and they say Southern Nevadans don’t need to own property on the Strip to live that life.

Prepare your business for unexpected disaster

When it comes to protecting your business from financial loss, it’s important to think through potential damage-driven scenarios before they occur and have a plan of action ready for when crisis strikes.

The Data: Aug. 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].

Construction card in play at Wynn's Boston-area casino

Wynn Boston Harbor President Robert DeSalvio, left, and Everett Mayor Carlo DeMaria, right, sound horns to signal an official start of construction as workers look on, left, at the site of the Wynn Boston Harbor resort casino complex, Thursday, Aug. 4, 2016, in Everett, Mass. Wynn Resorts is starting construction on its $2 billion Boston-area casino after years of legal fights.

"Today really launches the start of construction for Wynn Boston Harbor," said Robert DeSalvio, president of the planned casino. "We feel really good about where we are today. There's no stopping us now."