Las Vegas Business News

Caesars Entertainment reports revenue increase, $308 million loss in first quarter

A bedroom is shown in a suite during the official opening of the Linq hotel-casino Thursday, Oct. 30, 2014. The property, formerly the Imperial Palace and The Quad, underwent a $223 million renovation in the transition.

Caesars Entertainment, the casino giant behind many resorts on the Las Vegas Strip and elsewhere, reported its first quarter earnings today ...

Steve Wynn now says planned lake will include 10-story island

An early rendering of Wynn Paradise Park.

CEO Steve Wynn recently revealed that he wants to develop a huge lake attraction, along with an additional hotel tower, meeting space and more, on land that currently houses ...

More stores, restaurant opening at Town Square

Town Square

Town Square Las Vegas is already one of the largest open-air shopping centers in the valley, and it’s adding even more stores. The 1.2 million-square-foot mall has added ...

Lucky Dragon casino fully financed, will be finished this year, backers say

An artist's rendering of the Lucky Dragon casino in Las Vegas.

Backers of the Lucky Dragon resort under construction just off the north end of the Strip say the project is fully financed and on track to open later this year. The boutique project hit ...

Macau struggles, tax provision hurt MGM’s 1st-quarter results

An exterior view of the Bellagio, June 6, 2013.

MGM Resorts, the casino company behind such Las Vegas Strip properties as the MGM Grand, Bellagio and Aria, reported its first-quarter earnings today. Revenue at the company’s United States resorts grew 3 percent compared to 2015, excluding its jointly owned properties. But revenue from ...

Las Vegas home market finds an even keel

A house is shown for sale Tuesday, Feb. 9, 2016, in Las Vegas.

Las Vegas house prices stayed largely flat again last month, a new report shows, in yet another sign of the market’s ongoing cool-down ...

NV Energy to ditch plans to build $1B plant, will buy cheaper one in Arizona

Exterior view of the NV Energy building Monday, Oct. 20, 2014, in Las Vegas.

NV Energy does not expect to build a new fossil fuel power plant in the next decade, making it unlikely that it will go forward with a controversial $1 billion natural gas plant that the utility had proposed last fall. The utility, instead, signed an agreement early last month to purchase an existing Arizona natural gas plant, according to a recent federal regulatory filing. Pending state and federal approval ...

Tesla Motors brushes off 1Q net loss, accelerates plans

Tesla Motors unveils the new, lower-priced Model 3 sedan at the Tesla Motors design studio Thursday, March 31, 2016, in Hawthorne, Calif.

Electric car maker Tesla Motors Inc. brushed off a big first-quarter loss and cheered investors with news that it plans to accelerate its production plans ...

Resorts World construction to ramp up this year, finish in 2019

An artist's rendering of Resorts World Las Vegas.

Resorts World Las Vegas will begin full-scale construction sometime in the last three months of this year. Appearing before the Nevada Gaming Control Board ...

Heck presses for funding to boost career, technical education in Nevada

Hannah Jane Romero, center, talks with guests as they tour the Southwest Career and Technical Academy Thursday, Oct. 29, 2015. Hailey Sassone is at right. The Las Vegas Global Economic Alliance (LVGEA) is sending business leaders on a tour of CCSD's magnet and technical academies in order to show local industry how the district is making strides in addressing southern Nevada's workforce needs.

Career and technical schools are among the highest-performing public schools in Nevada, but is the Silver State getting shortchanged when it comes to federal funding for them?

Meet Nurse Jenn, a trailblazer in the Las Vegas medical marijuana industry

Registered nurse Jennifer Shepherd introduces Anna Cohen to new products Friday, April 22, 2016, at Essence Cannabis Dispensary. Shepherd helps customers find effective strains for pain relief.

As a registered nurse working in trauma and rehabilitation centers in Kansas, Jennifer Shepherd cared for patients who weren't benefiting from the pain medications prescribed to them. She noticed a pattern that prompted her to detour from her 13-year career in ...

County commission pushes back on criticism of proposed Strip-airport expressway

Plans to build an elevated expressway between McCarran International Airport and the Las Vegas Strip were again received favorably by county officials Tuesday as they discussed some $427 million in financing for ...

Tivoli Village expansion set to open in October

Construction continues on an expansion project at Tivoli Village on Aug. 25, 2015.

Owners of Tivoli Village have announced plans to open the Las Vegas property’s expansion, but their confirmed tenant lineup appears sparse. The expansion — part of Tivoli’s original plans last decade but shelved during the recession — would add ...

Rich newspaper owners: Industry saviors or foes?

This April 20, 2016, file photo, shows The Salt Lake Tribune, in Salt Lake City. The Tribune's pending sale to the wealthy Huntsman family unshackles the newspaper from cost-cutting corporate owners and resolves crippling uncertainty, but it also raises concerns about whether the influential family will meddle in the paper's coverage.

The Salt Lake Tribune's pending sale to the wealthy Huntsman family unshackles the newspaper from cost-cutting corporate owners and resolves crippling financial uncertainty — but it also raises concerns about ...

Catching a flight? Budget hours, not minutes, to get through security

A Transportation Security Administration inspector works at a security checkpoint at Lambert-St. Louis International Airport on Tuesday, April 12, 2016, in St. Louis.

Security lines at airports are getting longer — much longer — and wait times could reach epidemic levels when air travel peaks this summer, according to airlines, airports and federal officials. A combination of fewer ...

The might of Mickey: Orlando still top U.S. tourist destination

In this Thursday, Oct. 22, 2015, file photo, park guests relax and cool off with a water mist under the globe at Universal Studios City Walk in Orlando, Fla.

It's a crowded world after all — at least in Orlando's hotels and theme parks. Tourism officials announced Monday that the number of visitors coming to Orlando last year jumped 5.5 percent to more than 66 million visitors. That figure sets a record for ...

Survey: Upcoming election makes small-business owners wary

Uncertainty about the approaching presidential election is leading small-business owners to take a wait-and-see approach to the economy and ...

How do you reach Generation Z?

How do you reach Generation Z?

The vast majority of consumers born in the 1990s and early part of this century have never known a world without high-speed Internet access. This informs their shopping patterns and decision-making process, and businesses that react to this generation’s needs will be best positioned for success in the coming years.

Buffett vs. Musk: The clash of old and new energy titans

Buffett vs. Musk: The clash of old and new energy titans

The battle over the future of Nevada’s energy grid is being waged now, with billionaires Elon Musk and Warren Buffett on opposing sides. Both say the goal is to go green, but they have different methods of ...

Real estate market in Las Vegas rising from the grave

New homes are shown under construction at Lake Las Vegas on Sunday, April 10, 2016, in Henderson.

Left for dead during the recession, the Las Vegas real estate market has come back to life over the past few years. Buyers are picking up new and used properties. Homeowners are getting above water. Developers are building apartment complexes. Employment and wages ...