Las Vegas Business News

Union authorizes July strike against 5 Atlantic City casinos

Shari Schugar, a cocktail server at the Tropicana casino, casts her ballot, Thursday, June 16, 2016, in Atlantic City, N.J., as members of Local 54 of the Unite-HERE union decide whether to authorize a strike against Bally’s, Caesars, Harrah’s, Tropicana casinos. The union has already authorized a strike against the Trump Taj Mahal.

Atlantic City's casino workers say they'll go on strike against five of the city's eight casinos on July 1 if a contract isn't reached by ...

MGM Resorts raises profit growth goal by $100 million

Jim Murren, Chairman and CEO of MGM Resorts International, speaks  Wednesday, Oct. 4, 2011, at G2E at The Venetian.

MGM Resorts International said today that its initiative to cut costs and grow revenue should generate an additional $100 million annually before certain costs. The company had previously ...

Self-driving minibus to hit streets in Las Vegas

Arizona-based Local Motors plans to eventually deploy a fleet of self-driving minibuses in Las Vegas.

Self-driving vehicles are coming to Las Vegas. Later this year, Arizona-based Local Motors expects to deploy an autonomous minibus in Las Vegas through a partnership with the ...

Union voting on Atlantic City casino strike authorization

This July 11, 2014, aerial photo shows the Atlantic City, N.J., beachfront with many of its Boardwalk casinos.

Atlantic City's casinos workers are preparing themselves for a possible strike against most of the city's gambling halls that would hit just as the Fourth of July weekend approaches. Members of Local 54 of the Unite-HERE union began voting ...

Former Sacramento Kings owners about to get hockey team

Just more than three years after selling the Sacramento Kings, the Maloof family is on the verge of returning to major-league sports ownership ...

Ten years after: Looking back at homes sold during bubble era’s peak

Foreclosure notices decorate the front door and windows of an abandoned home Tuesday, June 14, 2016, in North Las Vegas. This house sold for $315,000 in June 2006.

Las Vegas’ housing bubble reached its most bloated point 10 years ago this month, at least by one gauge: resale prices hit their peak. In June 2006, the median sales price of previously owned single family homes in Southern Nevada rose to $315,000, according to the Greater Las Vegas Association of Realtors. Prices eventually plunged 63 percent to a low of $118,000 in January 2012, after the bubble burst and ...

Gaming association: Concerns about pro sports, casinos ‘widely overblown’

Geoff Freeman, president of the American Gaming Association, gives a “State of the Industry” address during the Global Gaming Expo on Tuesday, Sept. 29, 2015, at Sands Expo Center.

The casino industry’s chief lobbying voice in Washington, D.C., sees an opportunity in reports this week that the NHL is ready to grant an expansion team ...

U.S. judge gives Caesars temporary reprieve from lawsuits

A U.S. judge on Wednesday temporarily halted lawsuits seeking $11.4 billion in damages from Caesars Entertainment Corp., urging ...

Fed leaves rates unchanged; no hint on timing of next hike

Federal Reserve Chairwoman Janet Yellen sits for lunch Monday, June 6, 2016, before making a speech in Philadelphia.

The Federal Reserve is keeping interest rates unchanged in light of an uncertain job market, while offering no specifics about when its next rate hike might occur. The Fed said in a statement Wednesday after its latest policy meeting ...

Riviera implosion: How to see live video footage

7:52 p.m. - Lights are shown on the Riviera facade Sunday, May 3, 2015.

If all goes as planned, one of the last remaining icons from Las Vegas’ Rat Pack past will be reduced mostly to rubble early today. The largest tower of the Riviera, which opened in May 1955 as the first high-rise on the Las Vegas Strip, is scheduled to be imploded at ...

Au revoir, Riviera: Here’s a spectator’s guide to Tuesday’s implosion

7:52 p.m. - Lights are shown on the Riviera facade Sunday, May 3, 2015.

In the early hours of Tuesday morning, the Las Vegas Strip will repeat an act it has staged many times before: an implosion at an old resort to make way for something new. This time it’s the Riviera, and Tuesday’s implosion of the Monaco Tower is the first ...

Celebrating the Las Vegas showgirl: An icon lives on in one group’s evolving passion project

The Las Vegas Showgirl Museum on Feb. 12, 2016.

In the Rat Pack-era neighborhood of Paradise Palms, one house is an entertainment sanctuary. Among thousands of artifacts are many treasures pulled from the historic showgirl extravaganzas of the Strip. But the collectors learned that it’s not all glamorous when a home becomes a museum.

With state and federal marijuana laws in opposition, attorneys in Nevada waiting to exhale

Medical marijuana patient Mark Belding responds to a question during an interview in front of Euphoria Wellness, 7785 S. Jones Blvd., the first marijuana dispensary in Las Vegas, Wednesday, Aug. 26, 2015. An opening on Monday was only available to preregistered patients.

Nevada law allows the sale and use of medical marijuana, but attorneys here could soon face punishment for professional misconduct if they get involved in the business — or don’t get out, even though they may have invested a lot of money. The Nevada Supreme Court ...

The List: Accounting firms, June 12, 2016

Find out about accounting firms. This week, we rank them by number of professional staff as of May 31.

Las Vegas’ No. 1 salesman: Business travel is vital to city’s success

Rossi Ralenkotter , President/CEO of the Las Vegas Convention and Visitor Authority addresses the audience as he and others discuss the greatest challenges and opportunities for tourism during the Metro Chamber of Commerce holds its annual Preview Las Vegas event in the Cox Pavilion on Friday, January 29, 2016

LVCVA boss Rossi Ralenkotter discusses some of the most important developments in the Las Vegas business community over the past four decades, why he believes the convention center expansion is crucial for the community, and his passion for the Cincinnati Reds.

Health care providers, insurers join forces

Recently, a group of the nation’s largest health care organizations and insurers announced they would collaborate through a new organization, the Health Care Transformation Task Force, with the goal of shifting 75 percent of their business to contracts with value-based payment arrangements that hold providers accountable for the cost and quality of care.

At this flip-flop store, you’re the designer

Shaunna Fisk, regional manager for Flip Flop Workshop, poses at the Fashion Show mall kiosk location Monday, May 23, 2016. The company allows you to decorate your flip-flops, then watch a "flip-flop genius" put it together in front of you.

Jeff and Katie Kraatz have brought a successful footwear retail concept from Hawaii to the mainland, allowing customers to design their own sandals.

Authenticity is key for businesses and people

Craig Gilbert and Michael Frey, owners of Rhumbar at Mirage.

The owners of Rhumbar share the inspiration behind the name of the bar at the Mirage, the importance of staying true to oneself in business, and their passions for art and motor sports.

The Notes: June 12-18

In the Notes: David Peterson, Delen Goldberg, Jason Patchett, Michael Kent, Rob McCoy, Elizabeth Martinez, Sam Vukelich, Charles Holliday Jr. and more ...

The Data: June 12-18

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].