Las Vegas Business News

Understand the role of your in-house counsel

An in-house attorney serves a crucial function in advising and assisting the business in securing advantageous deals and minimizing exposure to liability.

11 July 2016
By Jeremy M. Welland

'Strong summer': Las Vegas home sales, prices heat up

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

Las Vegas home prices last month rose from May and sales totals climbed even faster, a new report shows. The median sales price of previously owned single-family homes in Southern Nevada in June was $235,000, up 2.7 percent from May and ...

8 July 2016
By Eli Segall

Casinos look to video games as a draw for millennials

Eric Meyerhofer, second from left, the chief executive of Gamblit Gaming, which makes skill-based games for casinos, playing Brew Caps League with Elizabeth Henifin, left, Nathan Ting, second from right, and Aaron Allen in Glendale, Calif., July 5, 2016. Resorts in Nevada, New Jersey and elsewhere are exploring video game gambling as a way to lure younger visitors to the casinos.

Forget slot machines and money wheels. American casinos may soon look more like video game arcades. In February, Nevada and New Jersey passed legislation allowing for the introduction of skill-based games in casinos as a way to draw in ...

8 July 2016
By Laura Parker, New York Times News Service

Coming soon: Take a peek inside the Lucky Dragon

General Manager Matt Harkness stands upon the pedestrian bridge connecting the hotel and casino of the Lucky Dragon during an under-construction media tour of the Lucky Dragon Hotel and Casino, 300 W. Sahara Ave., in Las Vegas, July 7, 2016.

From the main gaming floor at the Lucky Dragon, gamblers will be able to see into a kitchen where cooks will make fresh Chinese food. Upstairs, next to a dim sum restaurant ...

7 July 2016
By J.D. Morris

Businessman with ties to boom-era Las Vegas projects facing prison time

In this file photo from November 2007, the New Frontier implodes into a cloud of dust and debris. Nochi Dankner, an Israeli tycoon whose company unsuccessfully planned to build a megaresort on the property, was found guilty Monday, July 4, 2016, of stock manipulation and other securities-related charges.

A former business tycoon who developed opulent Summerlin-area projects and imploded the New Frontier in a failed plan to build a Strip megaresort has been convicted of ...

7 July 2016
By Eli Segall

Possible drug violation knocks Jon Jones out of UFC 200

UFC 200 fighter Jon Jones ponders his opponent Daniel Cormier during a reporter's question at a news conference and face-off for the final time at the MGM Grand on Wednesday, July 6, 2016.

As UFC President Dana White dined Wednesday night at StripSteak inside Mandalay Bay, he said he thought about how fortunate he had been that no injuries or other factors had affected Saturday night’s monumental UFC 200 fight card. Then his phone rang ...

6 July 2016
By Case Keefer

MGM Resorts International expands solar array, now nation's largest

MGM Resorts International's roughly 26,000 solar panels that span 28 acres set a record as the largest rooftop array in the United States.

After expanding a rooftop solar array atop the Mandalay Bay Convention Center, MGM Resorts International announced on Wednesday that its roughly 26,000 solar panels that span 28 acres set a record as the largest ...

6 July 2016
By Daniel Rothberg

Las Vegas company completes expansion at Maryland casino

Golden Entertainment Inc. says it has completed an expansion of gambling opportunities and parking spaces at the Rocky Gap Casino Resort near Cumberland. The Las Vegas-based company said ...

5 July 2016
Associated Press

'Wow' factor: La Bonita pitchman achieves his American dream

Victor Flores, pictured June 10, 2016, worked a series of odd jobs and once slept on the floor of a restaurant where he worked before becoming the pitchman for La Bonita Supermarkets.

Before his face and signature pitch line of “Wow!” filled Las Vegas area television screens and the social media pages for one of the valley’s biggest specialty supermarket chains, La Bonita pitchman Victor Flores was like many immigrants to the United States, looking for hope and a new adventure. That new adventure wasn’t always easy. Between scrubbing floors, cleaning swimming pools and sleeping on the floor of a restaurant where ...

5 July 2016
By Chris Kudialis

On the week of UFC 200, UFC boss Fertitta discusses promotion's growth

Lorenzo Fertitta introduces Dana White during the induction ceremony for the Southern Nevada Sports Hall of Fame Friday, May 31, 2013 at the Orleans Arena.

In 2001, brothers Frank III and Lorenzo Fertitta purchased it for $2 million, which was considered a risk because the league was largely unregulated and lacked mainstream popularity. What a difference a decade and a half makes ...

5 July 2016
By Chris Kudialis

Global stocks mixed amid post-Brexit easing expectations

Asian stocks rose Monday while European benchmarks declined amid expectations central banks might ease monetary policy following Britain's vote to leave the European Union ...

4 July 2016
By Joe McDonald, Associated Press

From SEALs to startups: Special ops drawn to Silicon Valley

Former Navy SEAL Keith David plays with Anki Overdrive robotic supercars June 29, 2016, at his office in San Francisco. A growing number of U.S. special forces veterans are veering off the traditional path of working for private security firms and law enforcement agencies, and are instead heading into the tech industry. Silicon Valley companies say they’re discovering the veterans’ abilities to build teams and think outside the box make them a good fit for the innovative businesses.

Keith David spent years flying around the globe on covert missions, making life-and-death decisions and overseeing multiple units unleashing airstrikes against insurgents. The former Navy SEAL now realizes it was the perfect training for a career in Silicon Valley ...

4 July 2016
By Julie Watson, Associated Press

Summer League has become Las Vegas' NBA franchise

San Antonio Spurs coach Becky Hammon celebrates with her team after they defeated the Phoenix Suns in an NBA Summer League championship game Monday, July 20, 2015, in Las Vegas.

Over the past five years, attendance for NBA Summer League games in Las Vegas has nearly doubled to more than 100,000. And during what’s usually a slow business month in Las Vegas, Las Vegas Events pegs the total economic impact of last year’s Summer League at $29.5 million, with expectations that ...

4 July 2016
By Taylor Bern

The Data: July 3-9

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].

4 July 2016
By VEGAS INC Staff

The List: Office furniture, equipment and supply dealers, July 4, 2016

Find out about office furniture, equipment and supply dealers in Southern Nevada. This week, we rank them by number of employees as of June 1.

4 July 2016
By VEGAS INC Staff

The Notes: July 3-9

In the Notes: Sierra Ready Mix, Harsch Investment Properties, LVGEA and more ...

4 July 2016
By VEGAS INC Staff

Fashion design not limited to the runway

Mona Steck, owner of Settings by Mona, a luxury linen company that specializes in hand embroidered/tailored table and bed linens, poses in her showroom Wednesday, April 27, 2016.

Mona Steck walked the runway in some of the world's most sought-after designers' creations. She's applied what she learned in the fashion industry to her own business, creating custom linens for resorts.

4 July 2016
By VEGAS INC Staff

Real estate developer: ‘This industry is a playground for self-starters’

Mike Chernine is a principal with Brass Cap Companies which specializes in real estate investment, development and management on Tuesday, May 24, 2016.

Mike Chernine assembled what he calls an “all-star” team in real estate development to form Brass Cap Cos. In the next 24 months, he says, there is a window for industrial development and ground-up retail development on which he and his team aim to capitalize.

4 July 2016
By VEGAS INC Staff

Three things to take Las Vegas to the next level

Vegas is the bomb. But that doesn’t mean it’s impervious to improvement. Apropos of that, here are some ideas our city planners, industry magnates and miscellaneous movers and shakers should consider at their next masters-of-the universe meeting ...

4 July 2016
By Roger Snow

New-look Big Boy, menu and restaurant changes for Frisch's

A Big Boy statue stands outside a Frisch's Big Boy restaurant May 22, 2015, in Columbus, Ohio. Frisch’s Restaurants Inc. has unveiled a new look for Big Boy, no longer hoisting his signature sandwich and his formerly chubby cheeks noticeably tighter, as part of a rebranding effort.

Big Boy without his Big Boy double-decker; menu additions; a revamped, brighter restaurant with a kids' zone, and experimentation with "brupper" are among changes underway at Frisch's Restaurants Inc. as its new leadership tries to ...

3 July 2016
By Dan Sewell, Associated Press
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