Las Vegas Business News

5 things to keep in mind as the Caesars bankruptcy progresses

An exterior view of Caesars Palace.

More than six months after a major division of Caesars Entertainment Corp. filed for bankruptcy, it’s still unclear exactly how the company will emerge on the other side. Caesars wants a Chicago bankruptcy court to ...

31 July 2015
By J.D. Morris

Microsoft says 14 million computers now running Windows 10

In this April 29, 2015 file photo, a Dell laptop computer running Windows 10 is on display at the Microsoft Build conference in San Francisco.

Microsoft says its new Windows 10 operating system is now running on more than 14 million computers, two days after the software was released as ...

30 July 2015
By Brandon Bailey, Associated Press

Lawsuit accuses CVS of overcharging for generic drugs

CVS, 3758 Las Vegas Blvd. South, is shown on Feb. 9, 2015.

CVS Health Corp. deliberately overcharged some pharmacy customers for generic drugs by submitting claims to their insurance companies at ...

30 July 2015
By Sudhin Thanawala, Associated Press

3 Fresh & Easy stores in eastern Las Vegas Valley are set to close

A Fresh & Easy market near South Decatur Boulevard and West Cactus Avenue on Monday, March 19, 2012, in Las Vegas.

Three more Fresh & Easy grocery stores are going out of business in Las Vegas after failed attempts to increase revenue. The stores set to close are in ...

30 July 2015
By Brianna Santiago

Allegiant executives were flying plane that ran low on fuel

In this Thursday, May 9, 2013, file photo, two Allegiant Air jets taxi at McCarran International Airport in Las Vegas.

Two executives with pilot licenses were flying the Allegiant Air jet that made an emergency landing at a closed airport because it nearly ran out of fuel. Allegiant ...

30 July 2015
Associated Press

Bankruptcy court denies Caesars Entertainment’s quick appeal

A bankruptcy court that ruled lawsuits against Caesars Entertainment Corp. would not be halted as the company's debt-heavy subsidiary attempts to emerge from Chapter 11 has also denied the casino company's effort to fast-track an appeal of ...

30 July 2015
Associated Press

Tesla offers first incentive in owner referral program

Tesla employees work on Model S cars at the Tesla factory Thursday, May 14, 2015, in Fremont, Calif.

Electric car maker Telsa Motors Inc. is offering its first incentive, $1,000 to new-car buyers who are referred by current Tesla owners. Owners who make a referral also will get ...

29 July 2015
Associated Press

Beaten again by Macau, Wynn Resorts profits drop 72 percent in second quarter

The watery entrance of Wynn Macau.

Revenue from Wynn’s Macau operations was $617 million, down 35.8 percent compared with the second quarter of 2014. CEO Steve Wynn said that Macau “continues to be more of a question than ...

29 July 2015
By J.D. Morris

Marijuana dispensary says business going to pot amid opening delays

An exterior schematic of Euphoria Wellness, opening soon as a medical marijuana dispensary, during an open house Wednesday, Nov. 19, 2014, in Las Vegas.

Frustrated by months of delays, a medical marijuana dispensary is requesting internal Clark County records and threatening a lawsuit to get the store open. It passed state and ...

29 July 2015
By Conor Shine

Allegiant’s second-quarter earnings are up 62 percent from last year

In this Thursday, May 9, 2013, photo, an airline ground worker guides an incoming Allegiant Air jetliner at McCarran International Airport in Las Vegas.

The airline, with small base fares and a large menu of add-on fees, flew more people in the second quarter compared with a year earlier but, to fliers’ delight, charged less money per ticket ...

29 July 2015
By Eli Segall

Las Vegas ranked last in report on large cities’ housing market health

An aerial view of a neighborhood in the southwest part of the Las Vegas Valley taken from a helicopter May 21, 2012.

Las Vegas’ housing industry is stronger today than it was after the economy collapsed, but it’s still bogged down by an array of problems — and according to a new report, it’s the unhealthiest market in America. Personal-finance website WalletHub ...

29 July 2015
By Eli Segall

Consumer Reports ranks Centennial Hills as best hospital in region at avoiding infections

Centennial Hills Hospital is a local leader in preventing potentially-deadly infections.

29 July 2015
By Jackie Valley

With Ikea building, a major project finally sprouts at Sunset and Durango

A view of construction on the Ikea Las Vegas on Tuesday, July 28, 2015, at Durango Drive and Sunset Road. The store is expected to open next summer.

When Ikea was in talks to buy a big piece of land in Las Vegas, executives wanted to keep it hush-hush. They even gave the deal a code name in honor of Nevada: “Project Silver.” “I named it myself,” Ikea spokesman Joseph Roth said. Ikea, the popular ...

29 July 2015
By Eli Segall

Allegiant pilot says jet from Las Vegas low on fuel, makes emergency landing

The Federal Aviation Administration is looking into why an Allegiant Air pilot declared a plane to be so low on fuel it needed to make an emergency landing last week in ...

28 July 2015
BloombergBusiness

Las Vegas hosts 21 million visitors in 6 months

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

Tourism officials say more than 21 million people have visited Las Vegas in the first half of 2015, about 1.5 percent more than a year ago when ...

28 July 2015
Associated Press

Tourism authority committee votes for $42 million Riviera demolition plan

Lights are shown on the Riviera facade Sunday, May 3, 2015, before the casino closed.

The shuttered Riviera inched closer to destruction today when a subgroup of the Las Vegas tourism authority voted in favor of plans to demolish it for $42 million. A Las Vegas Convention and Visitors Authority committee considered ...

28 July 2015
By J.D. Morris

Mob Museum in Las Vegas to open soccer scandal exhibit

A view of the Mob Museum, the National Museum of Organized Crime and Law Enforcement, in downtown Las Vegas Wednesday, Feb.13, 2013.

The Mob Museum in Las Vegas is setting up an exhibit dedicated to the FIFA corruption scandal. The permanent display entitled "The 'Beautiful Game' Turns Ugly" will open at ...

28 July 2015
Associated Press

Commercial printer Digital Lizard expanding in Las Vegas

The new building will transform the company's Las Vegas operations into a high-tech fulfillment center that customers can access online 24 hours a day, seven days a week, Digital Lizard said Tuesday in a news release ...

28 July 2015
By VEGAS INC Staff

High rollers: Dealers describe special treatment, abuse

In this Sept. 18, 2013, file photo, patrons play craps at a table at Mohegan Sun in Uncasville, Conn. In the competition to attract and keep the biggest spenders, casinos are known to pull out the stops with comped hotel rooms, meals and rebates for a percentage of their losses. During a May 2015 hearing, dealers said they often had to endure abuse from high roller betters while extending courtesies average players do not receive.

One high roller requests a refrigerator full of bananas that he squeezes and throws as he gambles. Another urinates against a wall. Other high-stakes players described by a pit manager throw chairs ...

28 July 2015
By Michael Melia, Associated Press

Nevada gaming revenue down more than 8 percent in June

In this 2010 photo, a baccarat game is shown in the high-limit room at Hard Rock Hotel.

Dragged down by a particularly unfavorable month on the Strip, the Nevada casino industry suffered a steep decline in statewide gaming revenue in June. The Gaming ...

28 July 2015
By J.D. Morris
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