Las Vegas Business News

U.K.’s Daily Mail circles Yahoo

The owner of Britain's Daily Mail is in early discussions over a bid for the ailing U.S. internet company Yahoo. The Wall Street Journal first reported Sunday that the media company is speaking with ...

SpaceX delivers world’s first inflatable room for astronauts

In this frame taken from video from NASA TV, the SpaceX Dragon cargo ship approaches the International Space Station, Sunday April 10, 2016. A SpaceX Dragon cargo ship arrived at the International Space Station on Sunday, two days after launching from Cape Canaveral, Florida. Station astronauts used a big robot arm to capture the Dragon, orbiting 260 miles above Earth.

SpaceX has made good on a high-priority delivery: the world's first inflatable room for astronauts. A SpaceX Dragon cargo ship arrived at the International Space Station on Sunday, two days after launching from Cape Canaveral. Station astronauts used a robot arm to ...

The cranes have returned to the Las Vegas Valley

Developer Jeffery S. LaPour, President of LaPour Real Estate, at his under construction property on West Post Road near South Jones Road.

Several developers have started speculative construction or are planning to, figuring demand for space is strong enough that properties won’t sit empty for long. If investors outstrip demand with a glut …

Bankruptcy battle threatens a summer chill in Atlantic City

An empty stretch of boardwalk in Atlantic City, N.J., April 6, 2016.

In a normal year, residents and business owners in this seaside resort would be making preparations for a summer-long influx of tourists and gamblers. But this is in no way a normal year in ...

Waffle sandwich shop wafts into the Park; buffet gets makeover

A interior view of Bruxie, home of the Original Chicken Waffle Sandwich, during the grand opening of The Park Monday, April 4, 2016. The new pocket park, lined with restaurants and seating for outdoor dining, runs from the Las Vegas Strip to the new T-Mobile Arena.

The Strip has always been teeming with new eateries almost every week. But with the recent birth of the Park joining the already-thriving Linq, Las Vegas Boulevard is about ...

Hurry back: 5 things we know about people who visited Las Vegas last year

Tourists take photos at the Welcome to Fabulous Las Vegas sign Saturday, March 14, 2015, on the Strip.

Las Vegas tourists gambled a little bit more in 2015 than in the year before, but they also spent substantially more on rooms, food, drinks and shows, according to a recent report from the ...

SpaceX rocket awaiting launch Friday to carry cargo from Las Vegas company

Robert Bigelow speaks during the Bigelow Aerospace introduction Thursday, March 12, 2015, of the Bigelow Expandable Activity Module. He is the company founder and is joined by William Gerstenmaier, NASA's associate administrator for human exploration and operations.

An ambitious Las Vegas company will have a lot riding on the SpaceX rocket awaiting a launch Friday in Cape Canaveral. Bigelow Aerospace, under a $17.8 million contract with NASA, is sending an inflatable habitat module aboard the SpaceX craft bound for the ...

Las Vegas Sands agrees to pay $9 million to settle SEC charges

Las Vegas Sands Corp. CEO Sheldon Adelson speaks at the Global Gaming Expo, Wednesday, Oct. 1, 2014, in Las Vegas.

Las Vegas Sands Corp. has agreed to pay a $9 million civil penalty to settle charges that it broke the law by neglecting to appropriately authorize or document millions ...

Attention, house hunters: Home expo getting underway Friday at Cashman

A worker removes scaffolding from a Christopher Homes construction site in the Ridges Las Vegas, a luxury residential community in Summerlin, Thursday, June 11, 2015.

House hunters can learn about Las Vegas’ builders and sprawling communities at a two-day expo this week. Real Estate Expo Las Vegas is scheduled to be held

Defying Christie, N.J. speaker unveils own Atlantic City plan

New Jersey Gov. Chris Christie addresses a gathering as he lays out the problems he says Atlantic City is not addressing Wednesday, April 6, 2016, in Atlantic City, N.J. The Republican governor and Democratic Assembly Speaker Vincent Prieto are wrangling about giving the state authority over the city's finances.

New Jersey's Assembly speaker unveiled his own bill to aid Atlantic City Wednesday night, defying Gov. Chris Christie's vow not to sign it on a day that ...

Wynn Resorts announces major Las Vegas expansion project

A massing model showing the general layout of a new project by Wynn Resorts that would include a 38-acre lagoon, 1,000-room hotel tower, small casino, restaurants, nightlife and meeting space.

Steve Wynn intends to transform the golf course behind his Las Vegas resorts into an expansive new development that includes a 38-acre lagoon attraction accompanied by a 1,000-room hotel tower, a small casino, restaurants, nightlife and meeting space. Wynn, chairman and CEO of Wynn Resorts Ltd., revealed the plans ...

Opening ceremony ushers in T-Mobile Arena

MGM Resorts International Chairman and CEO Jim Murren and T-Mobile CMO Andrew Sherrard shake hands Wednesday, April 6, 2016, during the grand opening of MGM Resorts International's T-Mobile Arena.

A handful of stray construction workers scurried through T-Mobile Arena this morning, tidying up seating areas and plastering wallpaper in the concourses. Finishing touches came down to the final hour, but the Strip’s premier multipurpose venue is ...

Marnell Gaming gets initial OK to buy Nugget casino in Sparks

In this Feb. 18, 2009, file photo, Anthony Marnell III is shown at the M Resort in Henderson.

Marnell Gaming LLC today received the first approval it needs from state gaming regulators to acquire the Nugget casino in Sparks. The Gaming Control Board ...

Las Vegas-area home sales surge, prices unmoved in March

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

Las Vegas used-house prices were largely flat in March, continuing a months-long stretch of mostly unchanged prices, amid a big jump in sales volume. The median sales price of previously owned single-family homes in Southern Nevada last month was $220,000, down 0.2 percent from February but up 7.3 percent from a year earlier, according to a new report from the Greater Las Vegas Association of Realtors. Buyers picked up ...

Precious metal: Is Nevada on the verge of a lithium rush?

Canada-based Pure Energy Minerals is drilling near Tonopah to test the concentration of lithium in the area’s groundwater. The company is working to bring a new lithium extraction operation online in Nevada.

Five years ago, a wave of lithium prospectors came and went quickly in Nevada. But lithium extractors have returned to the state, hoping to capitalize on bullish projections that ...

Former Sparks Nugget ownership fined $1 million over money laundering violations

The former ownership of the Nugget casino in Sparks has been hit with a $1 million civil penalty for “egregiously and willfully” violating ...

Wynn Resorts expects 1st-quarter revenue in Macau to be down again

The Wynn Macau is seen Aug. 17, 2011.

Wynn Resorts Ltd. said today it expected its first-quarter results to again show substantially lower revenue from the company’s Macau operations, though Las Vegas revenue could be slightly higher than a year ago. The company released preliminary earnings results ...

NV Energy says fall in fuel prices has lowered customers’ bills again

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

Electricity rates for Southern Nevada residential and commercial customers decreased on April 1, NV Energy announced on Monday. Attributed to a fall in fuel prices and lower costs, the utility said customers could see their overall payments fall by more than 3 percent. The company said this is the fourth consecutive rate decrease since ...

Q+A: CEO of drone startup reflects on making first urban delivery

Matt Sweeny is CEO of the startup drone company Flirtey, which conducted what it claimed was the first urban drone delivery in the U.S. last month in Hawthorne, Nev.

The Reno-headquartered company that says it's ahead of tech giants Amazon and Google in the U.S. delivery drone race is a startup you’ve probably never heard of. Its name is Flirtey, and like its larger corporate competitors ...

MGM celebrates opening of the Park entertainment district

Bubble Girls Olga Lagunsad, foreground, and Tsvetelina Tabakova perform Monday, April 4, 2016, during the grand opening of The Park. The new pocket park, lined with restaurants and seating for outdoor dining, runs from the Las Vegas Strip to the new T-Mobile Arena.

MGM Resorts International today celebrated the opening of its Park dining and entertainment district, which officials praised for bringing a new kind of public space to the bustle of ...