Las Vegas Business News

40 Under 40: Influential Las Vegans honored for helping shape community

Guests attend 40 Under 40 at Audi Henderson on March 10, 2016.

Dimmed ballroom lights, live music, cocktails, hors d'oeuvres and an outdoor pool with a podium at the end set the stage for VEGAS INC’s annual 40 Under 40 awards ...

25 March 2016
By Chris Kudialis

Popular L.V. dive bar to take a breather, while sports bar set to surface at Mirage

Davy's Locker at Maryland Parkway and Desert Inn Road in Las Vegas.

For those scrambling to get into shape for the summer, you may just get the extra push you need thanks to ...

25 March 2016
By Julie Ann Formoso

Hyperloop sparks high-tech hopes for development in North Las Vegas

Hyperloop hopes to construct a transportation system that could take passengers and freight at high speeds through low-pressure tubes. It plans to build a test track in North Las Vegas.

If Hyperloop Technologies has its way, North Las Vegas could become one of the few locations for testing the futuristic transportation platform that propels ...

25 March 2016
By Daniel Rothberg

Dave & Busters coming to Downtown Summerlin this summer

Dave & Buster’s will open its first Nevada location in Downtown Summerlin. The 33,000-square-foot Dave & Buster’s will be located on Park Centre Drive across from Regal Cinema 5.

Restaurant and arcade Dave & Busters will open its first location in Las Vegas at Downtown Summerlin, the shopping center’s owners announced today ...

24 March 2016
By Chris Kudialis

New stadium would help UNLV become a top-tier school, president says

Robert Lang of Brookings Mountain West speaks during the Southern Nevada Tourism Infrastructure Committee meeting Thursday, March 24, 2016, at UNLV to hear about plans backed by Las Vegas Sands for a 65,000-seat football stadium.

Las Vegas Sands Corp. and Majestic Realty Co. are publicly airing their plans for a 65,000-seat football stadium for the first time today before a key infrastructure panel ...

24 March 2016
By J.D. Morris

Icahn: Taj Mahal future at risk amid benefits, expansion talks

A union member holds a sign critical of billionaire investor Carl Icahn during a demonstration outside the Trump Taj Mahal casino in Atlantic City, N.J., on Wednesday March 23, 2016, to protest Icahn's refusal to reinstate health insurance and pension benefits that previous owners eliminated in bankruptcy court before Icahn acquired the casino last month. Icahn, the billionaire investor, accuses Local 54 of the Unite-HERE union, of trying to force the Taj Mahal to close by saddling it with unaffordable financial demands.

he name on the casino-hotel still says TRUMP in huge letters, but a different famous billionaire now owns the joint. And like his predecessor, Donald Trump, investor Carl Icahn knows a thing or two about getting attention — and the best deal possible. On Wednesday night, union members picketed the Trump Taj Mahal casino to protest the elimination of ...

24 March 2016
By Wayne Parry, Associated Press

Rats that tend to gamble help reveal science of risk

Rats that tend to gamble help reveal science of risk

When people make risky decisions, like doubling down in blackjack or investing in volatile stocks, what happens in the brain? Scientists have long tried to understand what makes some people risk-averse and others risk-taking. Answers could have implications for ...

24 March 2016
By Pam Belluck, New York Times News Service

Q+A: Director of UNLV Center for Gaming Regulation has global vision

Andre Wilsenach, a leading expert in the laws and rules that govern gambling around the world, is bringing his knowledge to UNLV as the director of the university's Center for Gaming Regulation.

Andre Wilsenach knew very little about the casino industry when, in the 1990s, he was named to a panel examining whether South Africa should legalize gambling. Now he is ...

24 March 2016
By J.D. Morris

Maryland could be first to hold referendum on fantasy sports

In this Wednesday, Sept. 9, 2015, photo, an employee in the software development department of DraftKings, a daily fantasy sports company, walks past screens displaying the company's online system stats in Boston.

Maryland would become the first state to let voters decide whether the popular but controversial phenomenon of Internet fantasy sports betting is fully legal, under a bill now pending in the legislature ...

24 March 2016
By Brian Witte, Associated Press

Stratosphere owner grows revenue, profit for fourth quarter and all of 2015

The Stratosphere on Las Vegas Boulevard on Sept. 30, 2015.

American Casino said in a statement that its net revenue increase was driven by revenue growth from slot and table games as well as ...

23 March 2016
By J.D. Morris

Dueling polls show public support for convention center, stadium

An artist's rendering of the Las Vegas Convention and Visitors Authority's planned expansion and renovation of the Las Vegas Convention Center.

Debate about whether public money should support an expansion of the Las Vegas Convention Center or the construction of a new football stadium on land owned by ...

23 March 2016
By J.D. Morris

Company seeks $9M in tax breaks to build hyperloop test track in NLV

A California company set on building a super high-speed, tube-based transportation system is seeking out $9 million in tax incentives to build a test track in North Las Vegas. Nevada's economic development board ...

23 March 2016
Associated Press

Rooftop solar fees become dominant issue for Nevada energy task force

In this file photo, solar supporters hold signs during a rally in front of Public Utilities Commission offices in January 2016. On Tuesday, March 22, 2016, members of Nevada's New Energy Task Force heard public comments critical of a ruling by the utilities commission that raised fees for rooftop solar customers.

With Gov. Brian Sandoval's administration eager to move past damaging publicity from a regulatory decision to increase bills for Nevada rooftop solar customers, the possibility of amending that decision was a key issue during an energy task force meeting Tuesday. The task force plans to study the issue as it ...

23 March 2016
By Daniel Rothberg

After years of wild swings, Las Vegas home prices settle into a groove

This file photo from February 2016 shows a Las Vegas home for sale.

Las Vegas home prices went through a wild roller-coaster ride the past decade or so, but the ride seems almost boring today. For the first time ...

23 March 2016
By Eli Segall

Hyperloop Technologies seeks $9 million in Nevada tax incentives

This rendering shows a high-speed pod that can transport people and goods.

Hyperloop Technologies Inc. is applying for tax incentives worth an estimated $9 million to build testing facilities for the company’s high-speed transportation platform in ...

22 March 2016
By Daniel Rothberg

Calls to beef up border security after Brussels attacks loom over Las Vegas economy

The Strip as seen from Rivea on Tuesday, Feb. 2, 2016, at Delano Las Vegas.

Tuesday’s terrorist attacks in Belgium prompted public discussion about whether the United States should react in ways that could have a major impact on Southern Nevada's ...

22 March 2016
By J.D. Morris

MGM real estate subsidiary files for initial public offering

An exterior view of the Mandalay Bay on July 24, 2015.

MGM Resorts International’s new real estate subsidiary, which will own 10 of the company's properties, filed a registration statement for an initial public offering today. MGM Growth Properties LLC said ...

22 March 2016
By J.D. Morris

In fantasy sports, Las Vegas tech entrepreneurs see dream come true

David Stetler, a Las Vegas-based web developer, faces a unique challenge running an online service for players of daily fantasy sports. He often needs to check the sites of ...

22 March 2016
By Daniel Rothberg

Nevadans’ Easter spending expected to break record

Nevadans are expected to spend a record $261 million on Easter items this year, the most in 13 years …

22 March 2016
By Cy Ryan

Congratulations to the VEGAS INC 2016 40 Under 40 honorees

With a magic combination of smarts, skill, compassion and commitment to community, the honorees of our annual 40 Under 40 publication represent the best that Southern Nevada has ...

21 March 2016
By Craig Peterson
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