Las Vegas Business News

Officials break ground on $600M renovation project at Las Vegas Convention Center

The site where a renovation project will take place is shown at the Las Vegas Convention Center Tuesday, May 9, 2023.

Las Vegas has been the premiere trade show destination for nearly three decades, said Steve Hill, the president and CEO of the Las Vegas Convention and Visitors Authority, and $600 million in renovations to the Las Vegas Convention Center should ...

10 May 2023
By Katie Ann McCarver

Home prices in Las Vegas rise in April; listings without offers soaring

In this Feb. 8, 2008, file photo, a for-sale sign stands in front of a bank-owned home in Las Vegas.

Local home prices in Southern Nevada rebounded slightly in April, with a median sale price of $430,000 for existing single-family homes and $270,000 for condos and townhomes, according to a release today from Las Vegas Realtors. The median price of existing single-family homes sold in ...

9 May 2023
By Katie Ann McCarver

What women in Las Vegas want, at work

If Las Vegas doesn't wake up and get with the times or pay a little more attention, one of its most valuable resources at work is ready to leave.

8 May 2023
By Shane Green

Despite market challenges, financial expert sees prosperous times ahead in Nevada

John Blackmon

John Blackmon is cautiously optimistic about Nevada’s economy avoiding a recession, when he looks at the trends in development, financing and mortgages.

8 May 2023
By VEGAS INC Staff

Las Vegas shouldn’t feel the full impact of nationwide office space vacancies

With economic uncertainty and more people working from home since the pandemic, people in my profession are seeing a steady stream of ominous headlines about the future of office space.

8 May 2023
By Reed Gottesman

People on the Move: May 8, 2023

In the Notes: Emily Hammond, Donna Ruthe, Hollie Chadwick, CBRE, KC Kappen, Cecille Shappee and more ...

8 May 2023

Alabama fires baseball coach after report of suspicious bets

Alabama head coach Brad Bohannon, left, argues with umpire Joe Harris after being tossed from an NCAA college baseball game in the bottom of the second inning against LSU, Saturday, April 29, 2023, in Baton Rouge, La.

labama fired baseball coach Brad Bohannon on Thursday after a report of suspicious bets involving his team, with the school saying he violated “the standards, duties and responsibilities expected of ...

4 May 2023
By John Zenor, Associated Press

UNLV Innovation Challenge winners employ hungry bugs to tackle food waste

Team LutumPotentia presents their pitch for utilizing black soldier flys to help reduce food waste during the UNLV Presidents Innovation Challenge at the Thomas & Mack Center Strip View Pavilion, Monday May 1, 2023.

Using hungry bugs to get rid of food waste that would otherwise end up in landfills is the winning project in the second annual UNLV President’s Innovation Challenge. The winning team, LutumPotentia, pitched a business that would cultivate an army of black soldier fly larvae ...

3 May 2023
By Rhiannon Saegert

Job fair gives Las Vegas veterans a hand with finding employment

Drina Wolf shakes hands with Edward Ugarte, a Marine Corp. and Navy veteran, at the Veterans Benefit Guide booth during an EmployNV Business Hub Veterans Job and Resource Fair at the West Sahara Library Tuesday, May 2, 2023.

A crowd of hopeful hires milled around Tuesday at the Sahara West Library, where over three dozen prospective employers were available to provide information on career ...

3 May 2023
By Katie Ann McCarver

Long-unfinished blue Strip tower sets date for grand opening

The Fontainebleau on the Las Vegas Strip is seen in this Aug. 29, 2017, photo.

A soaring blue-glass tower that has sat empty for close to two decades on the Las Vegas Strip — through the Great Recession and an unprecedented pandemic that shut down the famed tourist corridor for ...

2 May 2023
By Rio Yamat, Associated Press

MGM reports record earnings for seventh straight quarter

Wet Republic at MGM Grand in Las Vegas

MGM Resorts International has marked a seventh straight record-breaking quarter with revenue from its Las Vegas operations, which saw a 41% increase in Adjusted Property EBITDAR ...

1 May 2023
By Katie Ann McCarver

Pilots at American, Southwest ratchet up strike threats

The American Airlines logo on top of the American Airlines Center in Dallas, Texas, is pictured on Dec. 19, 2017.

Pilots at American Airlines have voted to authorize a strike, and Southwest Airlines pilots are preparing to join them, as unions put more pressure on the airlines to approve new contracts with hefty ...

1 May 2023
By David Koenig, Associated Press

Renovated Horseshoe hotel tower to become part of Paris Las Vegas

An artist's rendering of a renovated room at the Horseshoe's Jubilee Tower, which will be rebranded as the Versailles Tower and integrated into the neighboring Paris Las Vegas.

Caesars Entertainment plans to remodel a hotel tower at the Horseshoe and make it part of the adjacent Paris Las Vegas. The company said today it will renovate the ...

1 May 2023
By Las Vegas Sun Staff

Report: Manufacturing, health care keys to economic diversity locally

Anjala Krishen, left, professor and Mel Larson Endowed Chair of Marketing, moderates a economic forecast and trends panel during the Center for Business Economic Researchs Spring Economic Outlook at UNLV Wednesday, April 26, 2023. Panelists from left: Sandip Bhagat, chief investment officer at Whittier Trust, Stephen Miller, professor and research director at the Center for Business Economic Research, and Andrew Woods, director at CBER.

Southern Nevada will have to diversify its economy — particularly in the health care and manufacturing sectors — if it’s going to overcome labor shortages and support a rapidly growing population, according to data presented at ...

1 May 2023
By Katie Ann McCarver

Give your small business a spring cleaning with these 3 financial tips

Spring cleaning season is upon us and it’s not just about scrubbing baseboards and washing windows, but an important time for Las Vegas small business owners to get organized financially.

1 May 2023
By Brian Formisano

Women putting their stamp on slot machine industry

Game designers Kimberly Cohn, left, and Jamie Knight pose by video slot machines in the Light & Wonder showroom Wednesday, April 19, 2023. Cohn's Brainsaw Studio designed the Golden Fire Link games. Knight's Gamblenaut Studio designed the Money Link Power 4 game at right.

There might be more men working in gaming than women, but Kimberly Cohn—senior director of game design at Las Vegas-based Light & Wonder—said she doesn’t view the industry as “male-dominated.” Cohn said the number of women who are creating some of the top products in gaming has ...

1 May 2023
By Katie Ann McCarver

The Notes: Philanthropy, May 1, 2023

In the Notes: Dr. Zahra Kashi, Natasha Mosby, Ability Center of Southern Nevada, Harris Associates, Las Vegas Cannabis Tours and more ...

1 May 2023
By VEGAS INC Staff

New reports underscore massive economic impact of tourism tax dollars in Nevada

Pedestrian and vehicular traffic fill the Las Vegas Strip, looking south from Flamingo Road, on March 24. Nevada’s tourism industry supported 386,200 total jobs — or 27% of the state’s total employees — making $21.4 billion in total wage and salary payments in 2022, according to a new report from the Nevada Resort Association.

“It surprises people what a big share of the state general fund comes from tourism,” said Virginia Valentine, Nevada Resort Association president and CEO, noting the significance of industry-specific taxes ...

28 April 2023
By Katie Ann McCarver

Women Inspiring Nevada: Zhe (Wendy) Sun, Director of Operations, TSK Architects

Zhe (Wendy) Sun (Wade Vandervort / Staff)

Wendy Sun is one of only a handful of people to have licenses to practice architecture in both the United States and China.

27 April 2023
By VEGAS INC Staff

Women Inspiring Nevada: Michelle Jackson, President & Chief Executive Officer, Junior Achievement of Southern Nevada

Michelle Jackson (Wade Vandervort / Staff)

As the president and CEO of Junior Achievement of Southern Nevada, Jackson believes that addressing the economy at the grassroots levels of youth and education has far-reaching impact.

27 April 2023
By VEGAS INC Staff
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