Las Vegas Business News

Man admits bringing counterfeit chips to poker tournament

In this June 26, 2013, photo, the Borgata Hotel Casino & Spa is seen in Atlantic City, N.J., with the nearby Water Club reflected in its gold glass facade.

A man admitted Thursday that he brought millions of dollars in counterfeit poker chips to use in a casino's poker tournament, a scheme that was uncovered when he ...

13 August 2015
Associated Press

Southern Hills Hospital names chief executive officer

Southern Hills Hospital has named Adam Rudd — a hospital executive from South Carolina — as its chief executive officer, effective Sept. 7. Rudd comes to Las Vegas from ...

13 August 2015
By Jackie Valley

Zirtual CEO claims worker reclassification helped do company in

How had a company that presented itself as financially stable reached a point where it may not have been able to meet payroll? Zirtual had done the very thing that critics ...

13 August 2015
By Daniel Rothberg

Not again: Report finds Nevada homes among most overvalued

Homes for sale are shown in the Villas at Black Mountain development near Horizon Ridge Parkway and Gibson Road in Henderson Wednesday, June 1, 2011.

Nevada homes not only were the most overvalued in the country at the peak of the housing bubble last decade, but prices are among the most inflated now, new data show. Homes ...

12 August 2015
By Eli Segall

Downtown Las Vegas performers fret over bid to rein them in

Fremont Street Experience busker Jay Gelbman, who goes by Stogee Blues, makes a point during an informational meeting Tuesday, Aug. 11, 2015, at City Council chambers regarding an ordinance affecting performances.

On the Fremont Street pedestrian mall, Michael Troy Moore can be found wearing nothing but a G-string and a stuffed rooster on his lap ...

12 August 2015
By Kimberly Pierceall, Associated Press

Toxic spill raises rafting concerns in Grand Canyon

In this Thursday, Aug. 6, 2015, photo, people kayak in the Animas River near Durango, Colo., in water colored yellow from a mine waste spill. A crew supervised by the U.S. Environmental Protection Agency has been blamed for causing the spill while attempting to clean up the area near the abandoned Gold King Mine.

The amber-toned plume of toxic mining waste spilled by the Environmental Protection Agency near Silverton, Colo., last week, is slowly snaking its way toward Lake Powell — whose southern tip serves as an entry point to the Grand Canyon. In addition to threatening the ...

12 August 2015
By Kyle Roerink

Jordan in court, not on it, for trial on his brand value

Michael Jordan leaves the U.S. courthouse Tuesday, Aug. 11, 2015, in Chicago after the first day of his civil trial against the defunct grocery-store chain Dominick's Finer Foods for using his name and jersey number without permission.

Michael Jordan was in a federal courtroom Tuesday for the start of a civil trial that will scrutinize the market value of the former basketball star's brand and look at whether a grocery-store chain diluted that value by ...

11 August 2015
By Michael Tarm, Associated Press

Failed Las Vegas startup acquired, but fate of 400 employees’ jobs still uncertain

A exterior view of the Ogden in downtown Las Vegas Tuesday, Oct. 14, 2014.

Zirtual, the Las Vegas-headquartered startup that shuttered on Monday with no notice to more than 400 employees or clients across the country, is being acquired by Startups.co, according to an email to ...

11 August 2015
By Daniel Rothberg

Fresh off merger with Gtech, IGT reports higher revenue, loss in second quarter

This was the first time the combined version of IGT and Gtech has reported its earnings as one company ...

11 August 2015
By J.D. Morris

Tourism board approves $42 million Riviera demolition plan

Traffic passes in front of the Riviera on Sunday, May 3, 2015, in Las Vegas. The casino closed at noon May 4.

The Riviera will be destroyed under a $42 million plan approved by Las Vegas tourism officials. It’s still unclear ...

11 August 2015
By J.D. Morris

Discount grocer plans 3 new stores in Las Vegas area

In this April 12, 2011, photo, shopper Andrew Boston leaves the Save-A-Lot grocery store with his purchases in Northfield, Ohio.

A discount grocer is giving Las Vegas another try with three new stores, less than a year after a rival pulled out of the market. Save-A-Lot plans to open the first store Thursday at 1120 E. Charleston Blvd. and hold a ribbon-cutting ceremony there on Friday. It expects to open the other stores ...

11 August 2015
By Eli Segall

Summerlin land prices are up, but sales are down in recent months

A view of custom-home construction in the Ridges Las Vegas, a luxury residential community in Summerlin, Thursday, June 11, 2015.

Howard Hughes Corp., developer of the 22,500-acre community, sold 58.1 acres of land in the quarter ending June 30, down 7 percent from the same period last year ...

11 August 2015
By Eli Segall

Nevada regulations for Uber, Lyft clear another hurdle

Taxi cab drivers gather Friday, May 29, 2015, in front of Caesars Palace to protest Uber, the ride-hailing service trying to break into the Las Vegas market.

Nevada lawmakers gave preliminary approval Monday to regulations for ride-hailing companies such as Uber and Lyft, a move that puts the rules one hurdle away from ...

10 August 2015
By Michelle Rindels, Associated Press

Las Vegas housing prices dip 0.9 percent in July

An aerial view of a residential neighborhood in Las Vegas.

Las Vegas resale housing prices dipped last month but remained higher than a year ago ...

10 August 2015
By Eli Segall

Tactical gear, cosmetics and burgers in; marketplaces out of the valley

The valley has offerings coming for men and women, outdoor enthusiasts, foodies and more. A tactical apparel shop and cosmetic store opened this month. A California chain brings a burger joint to town this week, and the District at Green Valley Ranch adds its 21st and 22nd tenants in the coming months. But the valley also loses ...

10 August 2015
By Adwoa Fosu

Big changes ahead for MGM Resorts

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

From Nevada to the East Coast and beyond, the empire of properties controlled by casino juggernaut MGM Resorts International is in the midst of a major evolution ...

10 August 2015
By J.D. Morris

The Notes: Mining Safety Awards

The Nevada Mining Association honored members during the 2015 Safety Awards.

9 August 2015

People on the Move: Aug. 9-15

In the People: Anthony Lai, Kate Patay, Mark Lipparelli, Carolyn Yucha, Bill Brewer, Matt Kershaw, Ben Klink, Tom Perrigo and more ...

9 August 2015

The Data: Aug. 9-15

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].

9 August 2015

Is Nevada fertile ground for the winery industry?

KJ Howe, a "professor of yeastology with Grape Expectations winemaking school, gives out samples of wine during the first St. George Day Spring Whiskey Barreling celebration at the Las Vegas Distillery in Henderson Saturday, April 25, 2015. St. George's Day remembers Saint George, England's patron saint. The distillery owner and his son are also named George.

Supporters say a new law will bolster Nevada’s wine industry by opening opportunities in Reno and Las Vegas. Previously, only counties with fewer than 100,000 people were permitted to have wineries. The law is not without controversy, though, as some complain about regulations on tasting rooms and grape use ...

9 August 2015
By Valerie Miller, Special to VEGAS INC
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