Las Vegas Business News

Las Vegas brings ‘Disneyland for adults’ vibe to table tennis’ U.S. Open

Yuqin Yang of China serves to Crystal Wang of Maryland at the 2015 U.S. Open. The largest international table tennis event in the United States started July 6 and ends Saturday night with the men's and women's finals at Omnia Nightclub at Caesars Palace.

“When you think of big events you think of Las Vegas,” said Gordon Kaye, the CEO of USA Table Tennis. “It’s a natural fit.” The five-day event concludes on Saturday night, when the men’s and women’s singles championships are played inside Omnia Nightclub at Caesars Palace ...

10 July 2015
By Jesse Granger

Don’t count them out yet: Slots remain important cog in Nevada’s gaming industry

Slot machines at the Eldorado Casino in downtown Henderson on Friday, June 22, 2012.

Slot revenue dropped sharply in 2008 and 2009, much like the rest of the state’s gambling business, and still remains far below its peak from before the economic downturn. After a few years of more stable performance, however ...

10 July 2015
By J.D. Morris

Q+A: Houses popping up at long-dormant Skye Canyon development on valley’s northwest edge

Construction continues on the Skye Canyon development in Las Vegas on Thursday, July 9, 2015.

In the midst of the real estate bubble, developer John Ritter led a group that paid more than half a billion dollars for sprawling desert land in the upper northwest corner of Las Vegas, with plans for a massive community. But he never built a thing and ...

10 July 2015
By Eli Segall

Henderson Hospital foundation pouring signals advance of Union Village

A rendering shows Henderson Hospital, which is expected to open in October 2016 at the corner of Gibson Road and Galleria Drive. The foundation for the hospital was poured Thursday, July 9, 2015.

The facility is being built on 30 acres of the planned Union Village health care complex, which will anchor a 170-acre mixed-use development at ...

10 July 2015
By Jackie Valley

Contrite thief returns Blarney Stone to downtown casino

The exterior of the D Las Vegas hotel-casino in downtown Las Vegas Tuesday, Jan. 22, 2013.

What was originally thought to be a heist of a good luck charm at The D has turned out to be little more than a drunken mistake. The hotel's Blarney Stone, a piece of rock originally from ...

9 July 2015
By Moira Johnston,
Pashtana Usufzy

Southern Nevada’s retail market is most saturated in the nation, report says

Tropicana Centre fell on hard times during the recession but is now recovering and adding tenants.

A new report, by publisher Directory of Major Malls and mail-services company Pitney Bowes, says Las Vegas has 44.9 square feet of gross leasable retail space per household. That’s highest among the 54 U.S. metro areas with at least 1.5 million residents ...

9 July 2015
By Eli Segall

Office park owners sue Gordon Silver law firm in dispute over unpaid rent

The law firm Gordon Silver once occupied three floors totaling about 54,000 square feet at this office building at 3690 Howard Hughes Parkway. The firm has moved to a 2,883-square-foot furnished suite at 500 N. Rainbow Blvd.

Owners of the Hughes Center office park, where Gordon Silver occupied three floors totaling about 54,000 square feet, sued the decades-old firm, alleging ...

9 July 2015
By Eli Segall

Q+A: What Wednesday’s tech glitches signal for industry, drones, Las Vegas

In the span of hours, Wednesday provided a clear example of how some of our most advanced global businesses and essential infrastructure are vulnerable to cyberattacks. After apparently mundane outages, United Airlines grounded flights, the New York Stock Exchange had the longest computer-related shutdown in its history and the Wall Street Journal’s website went down ...

9 July 2015
By Daniel Rothberg

How to avoid a dangerous IRS scam targeting Nevadans

This photo taken March 22, 2013 shows the exterior of the Internal Revenue Service building in Washington.

In Nevada the FTC received 644 complaints from consumers saying someone had called pretending to be from the IRS. And that may not even reflect the full extent of the problem ...

9 July 2015
By Kailyn Brown

Nevada companies get OK to use drones for aerial photography

Drones fly at the Autel booth during the International CES Wednesday, Jan. 7, 2015, in Las Vegas.

Most Nevada companies that have received permission from the federal government this year to fly drones will be using their unmanned aircraft to take photos and video. That’s according to data released last week from ...

8 July 2015
By Daniel Rothberg

Owner of Railroad Pass casino moves one step closer to gaming license

Henderson commercial real estate broker Joe DeSimone, shown Thursday, April 16, 2015, has taken charge of Railroad Pass. Changes at the historic property are already taking place.

The local real estate professional who bought the historic Railroad Pass casino received gaming regulators’ initial approval to run the property today ...

8 July 2015
By J.D. Morris

State board approves merger that will give Golden Gaming control of Maryland casino

Blake Sartini hasn’t stopped growing his Golden Gaming LLC, which operates PT’s and Sierra Gold taverns in Nevada.

Golden Gaming, the company behind the PT’s tavern empire, took a big step forward today in its plans to expand beyond Nevada ...

8 July 2015
By J.D. Morris

United outage causes delays at McCarran, Reno-Tahoe airports

A United Airlines passenger jet is shown on the ground as a Southwest jet takes off at McCarran International Airport on Dec. 9, 2011.

A nationwide outage with United Airlines' computer system Wednesday morning has caused delays at both McCarran International and Reno-Tahoe International airports. McCarran said United flights will run 30 to 45 minutes late for ...

8 July 2015
Associated Press

United Airlines suffers 2nd major grounding in 2 months

Travelers line up at a United Airlines check-in counter at Hartsfield–Jackson Atlanta International Airport Wednesday, July 8, 2015, in Atlanta. All United Continental flights in the U.S. were grounded Wednesday due to computer problems. Just shy of two hours after the problems began, the Federal Aviation Administration lifted the ground stop order.

ll United Continental flights in the U.S. were grounded temporarily Wednesday due to computer problems. Less than two hours later, United requested the Federal Aviation Administration ...

8 July 2015
By Scott Mayerowitz and David Koenig, Associated Press

Home sales and prices rise, but so does number of ignored listings

A house is shown for sale in Henderson.

The median sales price of single-family homes in Southern Nevada in June was $220,000, up 4 percent from May and 10 percent from a year ago, according to the Greater Las Vegas Association of Realtors ...

8 July 2015
By Eli Segall

World Series of Poker Main Event draws 6,420 players for $60.4 million prize pool

A player's distinctive hat stands out during first day of play in the World Series of Poker's Main Event on Sunday, July 5, 2015, at the Rio.

Nine poker players will leave the Rio as instant millionaires next week. Everyone who advances to the World Series of Poker Main Event final table, which will be contested over ...

8 July 2015
By Case Keefer

Two new shoe shops, nonprofit boutique open

Two new shoe shops, nonprofit boutique open

Two footwear stores have opened just in time for summer, while a family-owned business looks to satisfy hot-rod enthusiasts. Plus: A new credit union, downtown boutique and ...

8 July 2015
By Adwoa Fosu

Hacker attacks gambling websites, demands Bitcoin ransom

This Jan. 31, 2014, photo shows a game of Texas Hold 'Em under way on a computer screen in Atlantic City.

A hacker shut down four New Jersey Internet gambling sites for half an hour last week and threatened more cyberattacks over the holiday weekend unless ...

7 July 2015
By Wayne Parry, Associated Press

MGM selling two Reno casinos to Eldorado Resorts

Eldorado Resorts will acquire MGM’s 50 percent interest in the Silver Legacy Resort as well as the entirety of Circus Circus Reno. Eldorado plans to pay ...

7 July 2015
By J.D. Morris

Acting commissioner appointed for state Division of Insurance

Amy Parks, chief insurance counsel and hearing officer for the Nevada Division of Insurance, will serve as acting insurance commissioner following the departure of Scott Kipper last week. Bruce Breslow, Nevada's director of ...

7 July 2015
By Jackie Valley
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