Las Vegas Business News

Cosmopolitan CEO recommended for license by gaming board

William McBeath, president and CEO of the Cosmopolitan of Las Vegas, makes a few remarks Wednesday, Feb. 18, 2015, during an event celebrating the resort’s new ownership by Blackstone.

William McBeath, the chief executive of the Cosmopolitan, today received the first of two regulatory approvals he needs to be licensed by state gaming authorities. The Gaming Control Board approved ...

6 January 2016
By J.D. Morris

Wraps are off Faraday Future car, but questions about company linger

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 pledges to redefine mobility. It has teased an Uber-like service and hinted at autonomy. It’s a company that vows to sell an electric car in two years that changes our relationship with driving. But when the company unveiled a high-end concept car Monday night as the first tangible look into its plans ...

6 January 2016
By Daniel Rothberg

Court sides with Clark County in fight over slot parlor regulations

Cherie Nepote plays a slot machine at Dotty's near Eastern and Serene in Henderson on Thursday, March 24, 2011.

A federal appeals court has rejected the petition of Dotty’s and other slot parlors in Clark County that challenged an ordinance imposing tighter regulations for ...

5 January 2016
By Cy Ryan

Nasty weather dogs travelers headed to CES gadget show

Shoppers take cover under an umbrella at a Las Vegas-area Albertsons as a winter storm rolls through the region, Tuesday, Jan. 5, 2016.

CES is rolling into Las Vegas about the same time as a string of storms bringing rain, heavy fog and snow to the region. The weather is also bringing big headaches for ...

5 January 2016
By Pashtana Usufzy

Las Vegas-based Switch goes to 100 percent renewable energy

Technology firm Switch opened a new data center — Supernap Las Vegas 9 — on Thursday, Aug. 13, 2015.

Las Vegas data company Switch announced today that it will draw exclusively from renewable energy to power its facilities, a move that began at the start of ...

5 January 2016
By Daniel Rothberg

Developer scoops up 38-acre IGT campus in southwest valley for $75M

An aerial view of the International Game Technology's 38-acre campus at 6355 S. Buffalo Drive.

Developer Doug Roberts is one of many investors building large industrial properties in the valley without tenants lined up. Now he’s got another big property to shop around ...

5 January 2016
By J.D. Morris,
Eli Segall

Fliers go their own way with airline meals

Gabrielle Novacek, a management consultant and frequent business traveler for the Boston Consultant Group holds a bundle of bananas as she prepares her meal for her upcoming flight to New York City at her home in Chicago, Jan. 4, 2016. The alternatives for those who travel frequently on business can include taking food from home or shopping just before a flight.

Business travelers have plenty to think about when they fly. Once wheels come up, laptops land on the tray table. But diving into spreadsheets, business plans and email requires sustenance. So, what’s on the airlines’ menu?

5 January 2016
ByJoshua Brockman, New York Times News Service

‘Virtually anything is possible’: Faraday Future unveils concept car

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.

It’ll still be another year or two before Faraday Future’s electric cars start rolling off the manufacturing line in North Las Vegas. But today, many miles south on the ...

4 January 2016
By Megan Messerly,
Daniel Rothberg

Activision acquires e-sports organizer Major League Gaming

This June 13, 2013, file photo shows the Activision Blizzard Booth during the Electronic Entertainment Expo in Los Angeles. "Call of Duty" publisher Activision Blizzard Inc. is buying Major League Gaming in a bid to push deeper into e-sports. The video maker announced plans Monday, Jan. 4, 2016, to purchase the 12-year-old competitive gaming organization.

Activision is adding a veteran e-sports organizer to its arsenal. "Call of Duty" publisher Activision Blizzard Inc. announced plans Monday to buy ...

4 January 2016
By Derrik J. Lang, Associated Press

Las Vegas gets 42 million-plus visitors — who’s counting?

People listen to Pyromania at the Third Street Stage during New Year's Eve celebrations at the Fremont Street Experience Thursday, Dec. 31, 2015.

Visit Las Vegas in 2015? Count yourself among the more than 42 million people traveling to the casino corridor last year, according to the resort's biggest travel booster ...

4 January 2016
By Kimberly Pierceall, Associated Press

CES offbeat gadgets: See a high-tech rubber duck, FaceTime for pets and more

PetChatz is equipped with a camera and screen that turns on when pet owners call, allowing them to see their pet on video. A special ringtone summons the pet, which also can summon its owner through a button. The product will be on display at 2016 CES, which begins Wednesday, Jan. 5, 2016.

For months gearing up to CES, marketing companies sent hundreds of emails pitching products that will be on display at the show for cutting-edge technology. Emails include subject lines like "CES sneak peak (sic) — kill aliens, improve your vision with RightEye” (a product tracking vision performance) or "CES Premiere: Burn your favorite avatar into this ...

4 January 2016
By Daniel Rothberg

Rollout of Faraday Future car among most highly anticipated moments at 2016 CES

Participants wander about 2015 CES on Tuesday, Jan. 6, 2015, at the Las Vegas Convention Center.

What exactly will be rolling out of the Faraday Future factory? The company, which recently chose North Las Vegas as the site of its $1 billion manufacturing facility ...

4 January 2016
By Daniel Rothberg

Health care repeal vote to open a political year in Congress

In this June 25, 2015, file photo, students cheer as they hold up signs, outside of the Supreme Court in Washington, supporting the Affordable Care Act after the Supreme Court decided that the ACA may provide nationwide tax subsidies. Republican foes of President Barack Obama’s health care law may be able to get more by chipping away at it than trying to take the whole thing down at once. That’s the lesson of the budget deal passed by Congress and signed by the president on Dec. 18. It delayed a widely-criticized tax on high-cost employer health insurance plans that hasn’t taken effect yet. And it temporarily suspended two taxes on industry already being collected, which are also part of the health law.

It's been like a long-delayed New Year's resolution for Republicans. But 2016 will finally be the year when they put legislation on President Barack Obama's desk repealing his health care law. The bill undoing the president's prized overhaul will be ...

2 January 2016
By Erica Werner, Associated Press

New York sues to get DraftKings, FanDuel to return money

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.

New York's attorney general has filed a lawsuit asking FanDuel and DraftKings to give back all the money they made in the state, the latest salvo in an ongoing clash with a pair of increasingly popular daily fantasy sports websites.

1 January 2016
By Jonathan Lemire, Associated Press

U.S. stocks end 2015 mostly flat, capping volatile year

The U.S. stock market took investors for a wild ride in 2015, but in the end it was a trip to nowhere ...

31 December 2015
By Alex Veiga, Associated Press

Looking ahead: See what lies in store for the Las Vegas Strip in 2016

Work continues on the Las Vegas Arena on Monday, Dec. 28, 2015.

While the physical dynamic of the Strip did not change too dramatically this year, it nonetheless proved to be an important development period as a few key projects ...

31 December 2015
By J.D. Morris

Sultry dining spot pays homage to Paris; Planet Fitness pumped for new location

Chewy Boba Company opened Dec. 9, 2015, at 4632 S. Maryland Parkway, Suite 19.

A popular Chinese fine-dining chain makes its Las Vegas debut, and a new boba spot opens across the street from UNLV's main campus ...

31 December 2015
By Pashtana Usufzy

Toys R Us closes flagship store: Ferris wheel, T-Rex and all

Visitors to New York's Times Square walk past the Toys R Us store, Wednesday, Dec. 30, 2015.

For decades, children visiting New York City savored one stop above all: a trip to the kind of toy store that existed only in their imagination. Now they'll have to keep dreaming ...

30 December 2015
By Jake Pearson, Associated Press

Median price for new home in Las Vegas hits $321,405

A carpenter takes a measurement at a custom home under construction in the Ridges Las Vegas, a luxury residential community in Summerlin, Thursday, June 11, 2015.

New homes in Las Vegas are selling at prices not reached in more than eight years, according to a new report. But anyone hoping for a quick return to the days of ...

30 December 2015
By Eli Segall

Tourism officials: Las Vegas cracks 42 million visitors this year

Pedestrians are shown along the Las Vegas Strip on Christmas Day Friday, Dec. 25, 2015.

Las Vegas surpassed 42 million annual visitors for the first time this year, tourism officials announced today. The Las Vegas Convention and Visitors Authority ...

30 December 2015
By J.D. Morris
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