Las Vegas Business News

Las Vegas hosts a record 41.1 million visitors in 2014

Tourists pose in front of the iconic Welcome to Fabulous Las Vegas sign in this file photo.

A record 41.1 million visitors descended on Las Vegas last year. The Las Vegas Convention and Visitors Authority confirmed Friday what it had already been ...

Nevada casinos win $11 billion in 2014, a slight drop from 2013

Gamblers play roulette at the Eastside Cannery on Boulder Highway in this file photo.

Nevada’s gaming revenue declined slightly in 2014 after several years of consistent increases. The Gaming Control Board said casinos won a little more than $11 billion in 2014 ...

Q+A: Nevada’s top gaming regulator on his perspective as physician, why pot is no-no

Tony Alamo is the medical director of the Alamo Medical Clinic in Henderson.

Nevada’s top gaming regulator hasn’t made his professional career in the casino industry or in the law, but he’s plenty experienced with both of those fields anyway. A doctor by trade, Tony Alamo is the first non-attorney to serve as ...

2 suspects sought in sports book robbery at the M Resort

Police are looking for these two men, shown in images from surveillance cameras, who robbed the M Resort sports book at gunpoint late Wednesday, Jan. 28, 2015.

Police are looking for two men they say robbed the M Resort sports book at gunpoint Wednesday night. The men entered the resort and headed to the sports book, pulling out ...

Another name added to Nevada’s casino ‘black book’

A Black Book, a State Gaming Control Board list of people excluded from Nevada casinos, is displayed at the Mob Museum in downtown Las Vegas Monday, Feb. 13, 2012. At right is a page on former mobster Tony "The Ant" Spilotro, who was removed from the book only after his death.

Gaming regulators have added another name to Nevada’s famous “black book,” a list of people barred from entering any of the state’s casinos. The Nevada Gaming Commission unanimously approved ...

Nevada health exchange names new chief operating officer

The Silver State Health Insurance Exchange announced today that a current staff member will become its next chief operating officer. Damon Haycock, the exchange’s ...

Taxable sales in Nevada up 6.9 percent in November

Taxable sales in November, one indicator of the economy, rose 6.9 percent from November 2013, the 52nd straight month of increases. The state Department of Taxation reported ...

Hard Rock Hotel & Casino opens at Lake Tahoe

Owners of the new Hard Rock Hotel & Casino at Lake Tahoe say thousands of people crowded onto the property for their much-anticipated grand opening in Stateline. Wednesday night's celebration included ...

Fed sees strengthening economy but stays ‘patient’ on rates

In this Jan. 15, 2015, photo, Federal Reserve Chairwoman Janet Yellen is acknowledged by International Monetary Fund Managing Director Christine Lagarde, right, with British Prime Minister David Cameron, during a roundtable meeting at the IMF in Washington.

The Federal Reserve's outlook for the U.S. economy is steadily brightening. Yet the Fed will be "patient" in raising interest rates from ...

Many Nevadans’ personal finances put their economic future at risk, report says

Nevadans may not be on the edge of financial disaster anymore, but their personal finances remain among the worst in the country, with many unable to “build a ...

Las Vegas Sands has tough 4th quarter in China, but profits still up

Las Vegas Sands casino sits behind the Fishermans Wharf in Macau in this Feb. 7, 2006, photo.

Las Vegas Sands, the casino company that controls the Venetian and Palazzo on the Strip, reported its fourth-quarter and full-year earnings ...

White Castle reopens after closing to restock amid huge crowds

A line of customers waits to order sliders at the grand opening of White Castle at the Best Western Plus Casino Royale on Tuesday, Jan. 27, 2015, on the Strip.

An influx of White Castle burger lovers caused the newly opened fast-food joint to close for more than two hours to restock. White Castle opened at 2 p.m. Tuesday at Casino Royale on the Strip, with ...

$12 billion, 14,000 jobs, 33 new companies: Nevada’s economic recovery by the numbers

Steve Hill, with the Governor's Office of Economic Development, answers questions on the Senate floor during the second day of a special session at the Nevada Legislature, Thursday, Sept. 11, 2014,  in Carson City, Nev.  Lawmakers are  considering an unprecedented package of up to $1.3 billion in incentives to bring Tesla Motors' $5 billion battery factory to the state.

It’s been three years since Gov. Brian Sandoval unveiled plans to remake Nevada’s economic development efforts, launching a Governor’s Office of Economic Development and ...

4 buddies did unheard of in ‘World Series’ of NFL betting

If there's a secret to how four buddies managed to beat the house 76 percent of the time during the NFL's regular season to win a record-setting ...

Meet the top 5 donors to Nevada state political campaigns

A well-connected Republican PAC, casinos and a gun control group funded by former New York City Mayor Michael Bloomberg were among the top five entities that ...

Judge says Caesars bankruptcy case will proceed in Illinois

An exterior view of Caesars Palace, June 6, 2013.

A federal judge in Delaware ruled Wednesday that the Chapter 11 case of casino giant Caesars Entertainment Corp. will proceed in Illinois, denying a motion by several ...

Judge ready to rule on venue for Caesars bankruptcy case

An exterior view of Caesars Palace.

A Delaware judge is set to rule on whether the Chapter 11 case of casino giant Caesars Entertainment Corp. should proceed in Delaware or in Illinois. After hearing final arguments Tuesday, the judge said he would rule on Wednesday. Several creditor groups want the case to proceed in Delaware, where they filed ...

Nevada unemployment rate dips to 6.8 percent in December

Nevada’s unemployment rate last month dropped to 6.8 percent, its lowest since June 2008 and down from 9 percent in December 2013. The rate was also down from ...

Gaming lobby entering debate on Obama’s pick for attorney general

President Barack Obama listens at right as U.S. Attorney Loretta Lynch speaks in the Roosevelt Room of the White House in Washington on Saturday, Nov. 8, 2014, where the president announced he would nominate Lynch to replace Attorney General Eric Holder.

Seeking a federal crackdown on illegal gambling, the gaming industry’s leading Capitol Hill lobby is wading into the debate over President Obama’s pick to be ...

2014 not a robust year for Las Vegas homebuilders

A KB Home roof is tiled during the Super Saturday sales event at the master-planned community of Inspirada on Saturday, Oct. 4, 2014.

Las Vegas homebuilders, after bouncing back strong from the recession, had a lackluster 2014. Sales volume dropped hard, prices were volatile, and after ramping up construction plans in the first half of the year, developers pulled back sharply ...