Las Vegas Business News

The Data: March 6-12

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].

7 March 2016
By VEGAS INC Staff

The List: Las Vegas private schools, March 6, 2016

Find out about private schools. This week, we rank them by enrollment as of Jan. 1.

7 March 2016
By VEGAS INC Staff

Modest gain for stocks keeps 4-day winning streak alive

Stocks wobbled to the finish Friday but salvaged a four-day winning streak after the U.S. government said employers added more jobs than expected in February. That was another vote of confidence in the economy. Mining companies made the biggest gains as metals prices climbed ...

4 March 2016
By Marley Jay, Associated Press

UNLV announces new gaming regulation research center

UNLV says its new International Center for Gaming Regulation is set for review and approval by the state. Officials said Friday in a statement that it will work with ...

4 March 2016
Associated Press

MGM’s Park opening a month away; gourmet hot dog shop to debut near UNLV

An artist’s rendering show MGM Resorts’ project the Park, which will connect New York-New York and Monte Carlo with an eight-acre outdoor experience.

There’s Central Park in New York City and soon there’ll be the Park on the Las Vegas Strip. Yes, a park smacked in the middle of Sin City’s stretch of gleaming casino lights ...

4 March 2016
By Julie Ann Formoso

Carmaker securing $75 million bond to insure state investment

Rendering of planned Faraday Future auto plant in North Las Vegas.

Electric car manufacturer Faraday Future has promised to secure a $75 million bond to cover the state’s investment in infrastructure improvements for a manufacturing plant it is building in North Las Vegas. The bond assurance comes as the state treasurer ...

3 March 2016
By Megan Messerly

Faraday Future gets patent for key electric car part

Faraday Future's concept vehicle FFZERO1 is unveiled at an event before the start of the Consumer Electronics Show on Monday, Jan. 4, 2016, in a parking lot across the street from the Luxor.

Faraday Future has earned its first U.S. patent for an electric vehicle power inverter that improves upon the architecture of traditional designs, the automaker announced in a blog post today. What appears to be ...

3 March 2016
By Daniel Rothberg

Allegiant becomes NASCAR’s first ‘official passenger airline partner’

Steve Phelps, left, NASCAR executive vice president and chief marketing officer, listens to Brian Davis, vice president of marketing for Allegiant Air, during a Las Vegas NASCAR Fuel for Business Council meeting at the Cosmopolitan Thursday, March 3, 2016. At the meeting, Phelps and Davis announced that Las Vegas-based Allegiant Air will be the official passenger airline of NASCAR.

Allegiant Air has signed a sponsorship deal with NASCAR, in another effort to get its brand in front of racing buffs. The Las Vegas-based discount carrier signed a multi-year agreement with the ...

3 March 2016
By Eli Segall

IKEA opening Las Vegas store on May 18

Construction continues Wednesday, Oct. 28, 2015, at the Ikea store on Fort Apache and Sunset roads.

IKEA today announced its first Las Vegas store will open at 9 a.m. on May 18. “We are thrilled by the excellent construction progress made to date and believe we can ...

3 March 2016
By Las Vegas Sun Staff

County mulls another bid to legalize short-term home rentals

County mulls another bid to legalize short-term home rentals

What’s the difference between a short-term rental and a party house? The conversation has surfaced again, with a group lobbying for ...

3 March 2016
By Jackie Valley

One month to go: Crews put finishing touches on Strip’s T-Mobile Arena

An exterior view of T-Mobile Arena on Tuesday, March 1, 2016, between Monte Carlo and New York-New York.

More than 600 workers remain on-site, finishing cosmetic work inside and around the $375 million arena set to open April 6. It was built using more than 6,800 tons of steel, 15,000 square feet of exterior glass and 11 miles of piping. Organizers aim to stage 100 to 120 events each year at the venue, including concerts and sporting events.

3 March 2016
By Chris Kudialis

Caesars CEO granted initial approval for gaming license

Mark Frissora, president and CEO of Caesars Entertainment, leaves a Nevada Gaming Control Board meeting Wednesday, March 2, 2016, at Grant Sawyer State Building.

Caesars Entertainment Corp. CEO Mark Frissora received initial approval for a gaming license from state regulators today after he sought to put to rest any concerns about his contentious exit from his last job. The Gaming Control Board unanimously recommended a license for Frissora, who was named the next chief executive of Caesars about a year ago and officially took ...

2 March 2016
By J.D. Morris

New-home sales up a little, prices down a little

A view of new home construction in Summerlin Wednesday, July 30, 2014.

Las Vegas homebuilders started the year with a bump in sales and a dip in prices compared to the beginning of 2015. Builders closed 382 new-home sales in Clark County in January, up ...

2 March 2016
By Eli Segall

5 Las Vegas hotels are raising resort fees, starting now

One of the many sculptured angels is shown at Caesars Palace on Wednesday, Aug. 5, 2015.

Las Vegas visitors may have to cough up a few bucks for their hotel rooms with word that resort fees are rising at five Caesars Entertainment ...

2 March 2016
Los Angeles Times

Sports Authority files for Chapter 11 bankruptcy protection

A woman leaves a Sports Authority store in New York on Wednesday, March 2, 2016.

Sports Authority is filing for Chapter 11 bankruptcy protection. The retailer said Wednesday that it plans to close or sell about 140 stores and two distribution centers, in Denver and Chicago. The Englewood, Colorado, company has 463 stores in 41 states and Puerto Rico. The store closings are expected to take up to three months. Sports Authority stores ...

2 March 2016
Associated Press

Spun off Downtown Project fund, co-working space is taken over by marketing firm

A view of Work in Progress, a downtown Las Vegas collaborative workspace that houses several tech startups.

In November, owners of Work in Progress, a popular downtown collaborative workspace that houses several tech startups, began conversations about the future ..

2 March 2016
By Daniel Rothberg

Phil Ruffin’s plan to open race track-casino near K.C. sparks opposition

Phil Ruffin, owner of Treasure Island, in his office on Wednesday, May 18, 2011.

An effort to reopen a race track in suburban Kansas City, Kan., as a venue for horse racing and slot machines has sparked vehement opposition from supporters of nearby Hollywood Casino at Kansas Speedway. In a full-page ad ...

2 March 2016
By Edward M. Eveld, The Kansas City Star (TNS)

Debating the merits of a new stadium for Las Vegas

A look at an empty lot Tuesday, March 1, 2016, near Tropicana Avenue and Koval Lane. UNLV closed on a $50 million deal to buy 42 acres of land that may be used to build a stadium.

If a plan supported by Las Vegas Sands Corp. and Majestic Realty Co. moves forward this year. The companies want to build a stadium on land owned by UNLV that would likely be domed, seat about 65,000 people, cost at least $1 billion and rely to some extent on tourism-based taxes. Supporters of the stadium say it would ...

2 March 2016

Apple, FBI stake out conflicting positions before Congress

FBI Director James Comey testifies on Capitol Hill in Washington, Tuesday, March 1, 2016, before the House Judiciary Committee hearing on 'The Encryption Tightrope: Balancing Americans' Security and Privacy.'

The U.S. government calls it a "vicious guard dog" that hurts national security. Apple says it's critical to protecting consumer privacy against increasingly sophisticated hackers ...

2 March 2016
By Eric Tucker and Tami Abdollah, Associated Press

Las Vegas Paiutes’ newest venture: medical marijuana

Las Vegas Paiute Vice Chairman Chris Spotted Eagle, third from left, conducts a blessing ceremony on the site of a future medical marijuana cultivation and production facility Monday, Feb. 29, 2016, on Snow Mountain Indian Reservation. The $5 million project is a joint venture between the Las Vegas Paiute tribe and Ultra Health, an Arizona-based company specializing in health care cannabis products.

The Las Vegas Paiute Tribe already runs a smoke shop downtown and a golf course in the northwest valley. Now a third business venture — in medical marijuana — is on the horizon. If construction goes as planned, the federally-recognized tribe will open two medical marijuana dispensaries and a cultivation and production facility by the end of the year, said Benny Tso, chairman of ...

1 March 2016
By Jackie Valley
« Older Newer »