Las Vegas Business News

What’s on the horizon for construction industry

Nevada’s construction industry is a conglomeration of varied political interests. Commercial and industry project owners, designers, residential homeowners, general contractors, construction managers ...

Attorneys: State is dragging out Project Neon property acquisition

Project Neon, the largest construction project in state history, is expected to improve the flow of traffic along the Spaghetti Bowl, where Interstate 15, U.S. 95 and Martin Luther King Jr. Boulevard intersect.

Since it was announced in 2006, Project Neon has become known for its eminent domain battles, as landowners affected by the proposed changes aim to get “just compensation” for their land under state eminent ...

The Data: Feb. 8-14

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].

People on the Move: Feb. 8-14

In the People: Leon Mead II, Kelly Dove, Taylor Anello, Brian Blaylock, Sherry Ly, Rebecca Haines, Richard Jost, Amy Rose and more ...

Mistakes need not follow you forever

Peter McMurran, owner of Record Seal of Nevada, poses in his home office in Henderson.

Record Seal of Nevada's paralegal service prepares all the legal documents required to petition the court to have an arrest record sealed ...

Revel casino sale could be at risk after appeals ruling

Crapped out: Atlantic City’s Revel closed after only two years, but it’s hardly the only victim of a recent wave of similar closures.

The bankruptcy sale of the shuttered Revel Hotel Casino in Atlantic City could be threatened by a ruling from a federal appeals court Friday supporting the owners of ...

How Billy Walters became sports’ most successful and controversial bettor

For four decades, other gamblers have tried to be Billy Walters while investigators have tried to bring him down. And for four decades, the world's most successful ...

Big-store competition, and his daughters’ taco shops, give Mr. Trujillo pause

Owner Flaviano Trujillo arranges produce at Los Compadres, a family-owned market on East Tropicana Avenue, Wednesday, Feb. 4, 2015. Trujillo first opened a butcher shop when he was 18 in Mexico.

For two decades, Flaviano Trujillo’s cramped little shop has catered to nostalgic Latino shoppers seeking a Mexican touchstone. And until a few years ago, his family business had reaped the benefits of the valley’s teeming immigrant community with slim competition. But now ...

Economist brings national perspective to the Las Vegas housing market

Las Vegas, like much of the country, had a wild real estate boom last decade and a big bust with the recession. But things were more extreme here ...

Lack of casino experience, stormy exit from previous job didn’t trip up new Caesars CEO

Then-Hertz Chairman and CEO Mark Frissora stands near a Toyota Prius on Thursday, June 14, 2007, in New York. Frissora stepped down in September when the auto-rental company was mired in accounting problems.

Caesars Entertainment’s next chief executive left his last job after revelations of accounting problems at his company and calls for his resignation from some investors. Mark Frissora, the Caesars CEO-designate who ...

Las Vegas ranks high for ‘zombie’ foreclosures

A vacant HUD home is shown in North Las Vegas April 2, 2013. A neighbor said that it has been vacant for about two years. (1524 Gaber Court, North Las Vegas)

Las Vegas homeowners on the path to foreclosure pack up and leave more often than most struggling borrowers around the country. The Las Vegas area has a “zombie” foreclosure rate of ...

Effort to ban online gambling revived in Congress

A Utah congressman is reviving an effort to ban online gambling throughout the United States. Republican Rep. Jason Chaffetz reintroduced his Restoration of America's Wire Act bill on Wednesday. The measure ...

‘Vegas Modern’: Builder adding twist to re-energized luxury-home market

Sky Terrace, a luxury housing development shown Friday, Jan. 16, 2015, is one of three Blue Heron communities in Henderson.

Blue Heron is developing three communities of high-end, desert-themed luxury homes in Henderson and building custom homes around the valley. Co-owner, lead designer and Las Vegas native Tyler Jones tries to blend indoor and outdoor space, and subtly packs his cube-shaped homes with ...

Caesars’ Gary Loveman stepping down as CEO, staying as chairman

Clark County Commissioner Steve Sisolak listens as Gary Loveman, CEO and president of Caesars Entertainment, says a few words during the ribbon-cutting ceremony at The Cromwell on Wednesday, May 21, 2014. The Cromwell is the first standalone boutique hotel on the Las Vegas Strip.

Gary Loveman, the Harvard economist who led Caesars Entertainment’s explosive growth since 2003, will step down as CEO this summer. His departure comes as ...

With new gas station, filling up in Green Valley will get easier

Construction continues on Smith’s Fuel Center in Pebble Marketplace on Green Valley Parkway on Tuesday, Feb. 3, 2015, in Henderson.

After more than 30 years, Green Valley Parkway is getting a gas station. Smith’s Food and Drugs at 1000 N. Green Valley Parkway just north of the 215 Beltway is expanding its retail operations to include a fueling stop in the main parking lot, where construction is ...

Titus helps launch bill to allow VA patients, doctors to discuss marijuana

Congresswoman Dina Titus (D-Nev) gives a victory speech during an election night party for Democrats at the MGM Grand Tuesday, November 4, 2014.

Rep. Dina Titus joined eight of her House colleagues to introduce a bill that would overturn the Veteran Affairs' prohibition on ...

Disney has magical quarter on ‘Frozen,’ parks revenue

Minnie Mouse dances with visitors at Disneyland, Thursday, Jan. 22, 2015, in Anaheim, Calif.

Disney might be lapping the hugely successful theatrical release of "Frozen," but magic lives on in its media networks and parks and resorts. Revenue from Disney parks and resorts rose 9 percent to $3.9 billion in ...

Struggling Macau hurts Wynn Resorts’ fourth-quarter profits

The Wynn Macau is seen Aug. 17, 2011.

Gaming revenue in Macau, a special administrative region in China and the only place there where gambling is legal, just declined for the eighth month in a row ...

Union files labor charges at Taj Mahal; Revel in turmoil

This Oct. 24, 2014, photo shows union members picketing outside the Trump Taj Mahal casino in Atlantic City N.J.

Atlantic City's main casino workers' union filed 27 unfair labor practice charges against the owners of the Trump Taj Mahal casino on Tuesday. The complaints allege the company threatened workers and unilaterally changed work schedules and rules that ...

When do lawmakers’ day jobs become conflicts of interest?

Nevada senators take the oath of office during the opening session of the Nevada Legislature on Monday, Feb. 2, 2015, in Carson City.

In Nevada, pundits have long mythologized a conflict-of-interest culture in the Legislature even if instances of impropriety seldom arise. Still, the hobnobbing often on display in the lobby easily lends itself to allegations of cronyism and unfair access to ...